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E-Business and The New Economy - Coggle Diagram

- - - - Without a doubt, embarking on the e-business project both reconsiders and analyzes the business strategy to be implemented, as well as foresees and designs a technological plan that supports change.
        • What is the difference between e-business and electronic commerce (ecommerce)?
        On some occasions, both terms are used interchangeably. However, for purists, e-commerce only refers to online transactions.
        
        On the other hand, the term e-business encompasses online transactions, but also includes online exchanges of information. In this sense, e-business coincides with the technology-business disciplines of Customer Relationship Management and Supply Chain Management.
- - - - In financial markets, the term has been associated with the rise of dot-com companies. This included the emergence of the Nasdaq as a rival to the New York Stock Exchange (NYSE), a large number of companies launching IPOs, the rise in value of dot-com shares over companies established, and the frequent use of tools such as stock options.
        
        Like many things that seem too good, the 2001 recession (via Bubble .com) discredited many of the more extreme predictions made during the boom years. However, subsequent research strongly suggests that productivity growth was stimulated by heavy investment in information technology.
- - - - A strategy, on the other hand, is a complete algorithm for playing the game, implicitly listing all the moves of all the players for each game situation. The number of moves in tic tac toe is 4 or 5 (depending on whether the player starts or not, and considering that neither player can skip a turn), while the number of strategies is over 6 billion.
        
        A pure strategy provides a complete definition for the way a player can play a game. In particular, it defines, for each possible choice, the option that the player takes. A player's strategy space is the set of pure strategies available to the player.
        
        A mixed strategy is an assignment of probability to each pure strategy. It defines a probability over the strategies and reflects that instead of choosing a particular pure strategy, the player will randomly choose a pure strategy based on the distribution given by the mixed strategy. Of course, every pure strategy is a mixed strategy that chooses that pure strategy with probability 1 and any other with probability 0.
- - - - Any program that offers a specific service or function, which can be performed in various ways, is a candidate to use the Strategy pattern. There can be any number of strategies, and any of them can be swapped for another at any time, even at runtime.
- - - - Documents cannot substitute, nor can they offer the richness and value generation that is achieved with direct communication between people and through interaction with prototypes. For this reason, whenever possible, the use of documentation, which generates work that does not add direct value to the product, should be preferred and reduced to an indispensable minimum. If the organization and the teams communicate through documents, in addition to losing the richness that interaction with the product gives, it ends up drifting to use documents as barricades between departments or between people.