Electronic business (e–business) refers to the use of the Web, Internet, intranets, extranets or some combination thereof to conduct business. E–business is similar to e–commerce, but it goes beyond the simple buying and selling of products and services online.
There are six basic types of e–commerce — Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C), Consumer-to-Business (C2B), Business-to-Administration (B2A) and Consumer-to-Administration (C2A) — and all of them represent a different purchasing dynamic.Nov 5, 2018
Difference between E-Commerce and E-Business
E-Commerce covers only the outward-facing operations i.e. online buying and selling of goods and services that include order receiving, dealing, delivering and paying. It is an interactive commercial transaction where a buyer can communicate with the seller and vice versa without having to personally meet. The e-commerce strategy aims at understanding consumer behavior that help them provide reliable, functional and user-friendly services. It’s a new business model that offers the convenience of shopping in a better way. It has transformed brick and mortar businesses toclick and mortar businesses (those businesses that have both an online and offline presence). E-commerce is a narrower discipline of e-business.
E-Business has emerged as a mainstream solution for many businesses. It focuses on the business as a whole and is not restricted to commercial transactions. It involves streamlined and automated construction and maintenance of business processes across production, development, corporate infrastructure and product management. With internal and external connectivity through internet or intranet or extranet, an e-business strategy aims at reducing operating costs to increase productivity and improve bottom line. It enables better responsiveness to customer needs, transparent communication with businesses and improved vendor relations.
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E-Business Chapter 3
E-Business Chapter 4