E-business: selection and adaptation of products and services for the Internet commerce

An editorial discusses the impact that e-business has made on business. One arena that is being altered more than any other is commerce - sale and distribution of goods and services. Foundation principles and practices of business are being shaken to their very roots by the Internet. The sooner a business incorporates the Internet in its primary operations, the greater will be the opportunities available to it. Moreover, to be able to continue to avail the opportunities offered by the Internet, firms should see that all its aspects, from accounting and finance to operations, should be formalized and redesigned to exploit the Internet.