E-Commerce : Buying and selling of goods and products over the Internet”.
It does not include commercial transactions.
E-business: It refers to The digital enablement of transactions and processes within a firm, involving information systems under the control of the firm.
DIFFERENCE BETWEEN E BUSINESS & E COMMERCE :
Buying and Selling of goods and services through the internet is known as e-commerce. Unlike e-business, which is an electronic presence of business, by which all the business activities are conducted through the internet.
e-commerce is a major component of e-business.
e-commerce includes transactions which are related to money, but e-business includes monetary as well as allied activities.
e-commerce has an extroverted approach that covers customers, suppliers, distributors, etc. On the other hand, e-business has an ambivert approach that covers internal as well as external processes.
e-commerce requires a website that can represent the business. while, e-business requires a website, Customer Relationship Management and Enterprise Resource Planning for running the business over the internet.
e-commerce uses the internet to connect with the rest of the world. while e-business, the internet, intranet and extranet are used for connecting with the parties.
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If you want to know the best online business to start in 2018, watch this video!
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The video lecture will explain you the difference between e-Commerce and e-Business. In addition to this, the meaning and types of the e-Commerce has been explained. In the same way, e-Business has been explained. The video ends with a comparison chart that explains the difference between e-Commerce and e-Business.
To study the topic further in detail, you may visit our official website:
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(C) 2016 Simco Ltd. under exclusive license to Epic Records, a division of Sony Music Entertainment”
