People can now do business such as buy things, transact, and carry out business functions over the internet. The terms e-business and e-commerce are now often seen and used interchangeably. However, though related, they have different meanings.
Internet, Intranet and Extranet. Definition of e-commerce e-commerce is an abbreviation used for electronic commerce. In this type of online commercial transaction, the seller can communicate with the buyer without having a face to face interaction. Some examples of real world application of e-commerce are online banking, online shopping, online ticket booking, social networking, etc.
The basic requirement of e-commerce is a website. The marketing, advertising, selling and conducting transaction are done with the help of internet. Any monetary transaction, which is done with the help of electronic media is e-commerce.
The following are the types of e-commerce: B2B — The process where buying and selling of goods and services between businesses is known as Business to Business.
Oracle, Alibaba, Qualcomm, etc. B2C — The process whereby the goods are sold by the business to customer. C2C — The commercial transaction between customer to customer. C2B — The commercial transaction between customer to the business. Definition of e-business Electronic Business, shortly known as e-business, is the online presence of business.
E-commerce is one of the important components of e-business, but it is not an essential part. All the basic business operations are done using electronic media. The business which is having an electronic existence only.
The business model, in which the business exists both in online i. Key Differences Between e-commerce and e-business The points presented below are substantial so far as the difference between e-commerce and e-business is concerned: Buying and Selling of goods and services through the internet is known as e-commerce.
Video Conclusion e-commerce is the major part of e-business. It can also be said that e-commerce is e-business websites, but e-business is not necessarily e-commerce.
The former is just the online presence of the conventional commerce and the same is the case with the latter. At present most of the companies are doing e-business just to capture the maximum part of the market.3.
E-business deals with recruiting, training employees and sharing any internal information to enhance business process. In e-commerce, information and computing technologies are used in inter business and intra-business transactions and in business to consumer transactions. Sometimes the difference between a standard business and an e-business is just a matter of how business is conducted.
For example, if you are an advisory firm helping people choose the right furniture, then you are a business, but if you run a website where people can compare furniture options, then you are an e-business. E -commerce is an e-business but e-business is not only e-commerce.
E-commerce is nothing but buying and selling of goods around the web. E-business is a little different as it is not limited to, commercial transactions, but it also provides other services. e-commerce is nothing but buying and selling of goods around the web.
On the contrary, e-business is a little different as it is not limited to, commercial transactions, but it also provides other services.
These are the two emerging modes of doing business, which are gaining importance with the passage of time. e-business vs e-commerce. Internet has made business interactions multi-faceted. People can now do business such as buy things, transact, and carry out business functions over the internet.
Difference Between E-Commerce vs E-Business. Both E-Commerce vs E-Business are absolutely related to online shopping. Compare to current situation maximum people are always preferable to use online shopping rather than moving to a physical shop.