CHAPTER 1(WEEK 2):

Introduction to entrepreneurship
CLO1:
Explain clearly the concept of entrepreneurship, business
ownership and procedures in setting up a business in case study
given
DEFINITION
E-business or electronic business is the
administration of conducting business via the internet.

include buying and selling products, supplies and

services,servicing customers, processing payments,
managing production control, sharing information.
 Social
Media

Email
Blogs

website
Networking
 Entrepreneur can sell
goods and services
to national and
international

The Importance of E
business to
Entrepreneur

Entrepreneur can
Acquiring economic send messages or
resources for producing stream content
goods and services is directly
much easier
 It connects the consumers
and business people
anywhereIt from worldthe consumers and business people
connects
through internet.
anywhere from world through internet.

Customers can get products

at their door-step by just few
clicks.

This supports the elderly

and disabled people who
cannot go out to get their
needs.

This is 247 business

 Some people use this E-
Business in wrong way.

There are many chances

that customers get cheated
by not providing the Product
as shown in the website.

The users of the website

might get the viruses if the
website has some malware.