Sponsor Area

Emerging Modes Of Business

Question
CBSEENBS11004186

 Differentiate between e-Business and e-commerce.

Solution
Difference between e-Business and e-commerce : e-business is a more elaborate term comprises various business transactions and functions conducted electronically including commerce, e-commerce covers a firm’s interactions with its customers and suppliers over the internet, e-business includes not only e-commerce but also other electronically conducted busines functions such as production, inventory management, product development etc. e-commerce comprises a business firm’s interaction with its suppliers and distributors and customers over the internet. E-business is a wider term and includes the use of intranet for managing interactions and dealings among various departments and persons with in a firm.