Abstract
The Internet was originally a tool for scientists and military personnel to share information rapidly. However, it has progressively become a tool for both individual users and companies to communicate more efficiently, and to create new relationships (customers, distributors?). The number of Internet users has grown rapidly in the past decade, from 100 000 users in 1997, to more than -600 000 users in 2003. This fast growth has enabled new challenges and new opportunities for the enterprise and has lead to the explosion of E- Business. E business is a new phenomenon, and it attracts more and more investors. What is E Business? According to Hawking, it is, "The integration of people, processes and information through communication technologies" (2006). At its maximum capacity on 10 March 2000, the NASDAQ peaked at 5048.62. This was more than double its value in 1999. E-business being new has infinite opportunities and huge potential. It is touted to be the future of business. However the bubble crashed in March 2000, and a period of disillusion succeeded this period of growth.
