Optimal Management Of Electronic Business System

Jovo Tauzovic

Montenegrin Journal of Economics, 2012, vol. 8, issue 1, 223-234

Abstract: Comprehensive electronic business (as an e-system /e-organisation/) is regarded as the most up-to-date business. For performance of its operations (e-operations) it uses Internet (as information-communication technologies), in the initial period through electronic commerce (e-commerce) as the operational part (management), and then through its extension (or upgrading) via electronic business (e-business) as its strategic part (management). Since the strategic part of management designs the e-system, and the operational part of management performs the production of electronic products (e-products), the esystem optimisation firstly determines the optimal e-system design, used subsequently as a basis for optimal production of e-products (goods, information, management and services). The innovative methodology known as Tauzovic's General Continuum (TGC) was used for modern optimisation of e-system management (e-operations design and production); more particularly, its theoretical form (TGCt) for strategic management, and the practical form (TGCp) for operational management. Given that the application of different TGC forms (TGCt and TGCp) in the optimisation of e-system management confirms its validity as a modern (systems) management methodology, it is to be expected that further development in management of contemporary and future systems will be based on the Tauzovic's General Continuum (TGC) methodology, particularly its two forms (TGCt and TGCp).

Date: 2012
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