E-commerce is buying and selling using an electronic medium. It is accepting credit and payments over the net, doing banking transactions using the Internet, selling commodities or information using the World Wide Web and so on.
E-Business in addition to encompassing E-commerce includes both front and back-office applications that form the engine for modern E-commerce. E-business is not just about E-commerce transactions; it's about re-defining old business models, with the aid of technology to maximize customer value. E-Business is the overall strategy and E-commerce is an extremely important facet of E-Business.
Thus e-business involves not merely setting up the company website and being able to accept credit card payments or being able to sell products or services on time. It involves fundamental re-structuring and streamlining of the business using technology by implementing enterprise resource planning (ERP) systems, supply chain management, customer relationship management, data ware housing, data marts, data mining, etc.
E-commerce is the process of buying and selling various products or services with the help of electronic systems where e-business is the whole process of creating online store and then shipping various products or services to clients. E-commerce is a sub part of whole e-business process.
- e-commerce, is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.
- e-business, is the application of information and communication technologies (ICT) in support of all the activities of business. Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business. Electronic commerce focuses on the use of ICT to enable the external activities and relationships of the business with individuals, groups and other businesses
E-commerce is â€œany transaction completed over a computer-mediated network that involves the transfer of ownership or rights to use goods and services,â€ defines the U.S. Census Bureau. Transactions aren't required to have a price and include both sales and items like free downloads. E-commerce includes transactions made on the internet, Intranet, Extranet, World Wide Web, by email and even by fax.
E-business is broader than e-commerce; including the transaction based e-commerce businesses and those who run traditionally but cater to online activities as well. An e-business can run any portion of its internal processes online, including inventory management, risk management, finance, human resources. For a business to be e-commerce and e-business, it must both sell products online and handle other company activities or additional sales offline.
E-commerce could be the process of exchanging a variety of offerings with the help of digital systems in which e-business could be the full process of developing web shop and then shipping a variety of offerings to be able to clients. E-commerce can be a sub-contract portion of full e-business method.
E-business (Electronic Business) is a technology which depends upon on internet and for improves the business procedure. Also E-business may be run of online internal procedure, stock & risk management and human assets.
E-Commerce (Electronic Commerce) is a technology which depends upon on internet by transforming the products, services, payments, delivering, advertising and endorsing. Also E- Commerce consists of online transactions, Intranet, Extranet and World Wide Web,
Electronic Commerce encompasses those businesses offering products or services to either consumers or other businesses over the internet whereas e commerce can plunge in into online shopping and purchasing.