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using technology.………
E- business has multiple characteristics,
which makes the concept different from the
traditional methods of doing business. It add
lots of flexibility and adaptability to the
business framework, which forces many
organization to integrate E-business into
their business strategies.
The basic technological frame work used in
internet, which is available across the globe
on 365x24x7 model.
It follows a global standard that allows seamless
connectivity of wide variety of hardware,
software, databases and network.
Allows sharing of all kinds of data.
It is a medium that is interactive, which allows
the organization to engage its customers into
productive interactions.
It is a medium that is complete. It allows
organization to target it customers, acquire
them by allowing them to complete the
transaction, retain them to higher levels in the
business chain.
E-business is the use of information
technologies to support electronic
commerce, enterprise communications and
collaborations, and web enabled business
process both within a networked enterprise
and within its stakeholders.
Electronic commerce (E-Commerce) can be
defined as any business transaction
(distribution, buying, selling, marketing and
servicing of products or services) conducted
using electronic means. E- commerce us
usually associated with buying and selling
over the internet, or through a computer
mediated network..
E- business does not mean only buying or
selling products online, but also leads to
significant changes in the way products are
customized, distributed and exchanged and
the way consumers search and bargain for
the products and services and consume
them.
E-business focuses on enhancement of the
customer process, production process and
employee process.
E- business has multiple characteristics,
which makes the concept different from the
traditional methods of doing business. It add
lots of flexibility and adaptability to the
business framework, which forces many
organization to integrate E-business into
their business strategies.
The basic technological frame work used in
internet, which is available across the globe
on 365x24x7 model.
It follows a global standard that allows seamless
connectivity of wide variety of hardware,
software, databases and network.
Allows sharing of all kinds of data.
It is a medium that is interactive, which allows
the organization to engage its customers into
productive interactions.
It is a medium that is complete. It allows
organization to target it customers, acquire
them by allowing them to complete the
transaction, retain them to higher levels in the
business chain.
It is a medium that allows
customization/personalization and tailoring of
various offering. This would help organization in
implementing one to one marketing
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. Conversely, 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. In contrast to e-
business, the internet, intranet and extranet
are used for connecting with the parties.
BASIS FOR COMPARISON E-COMMERCE E-BUSINESS
1 Meaning Trading of Running
merchandise, over business using
the internet is the internet is
known as E- known as E-
commerce. business.