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Electronic business (e-business) Term used interchangeably with e-commerce E-business is defined as the transformation of key business processes (internal processes that companies use to support their buying, selling, hiring, planning, and other activities) through the use of Internet technologies
E-commerce and E-business share some common characteristics. Both E-commerce and E-business:
provides s higher payoff in the form of more efficient processes lowers costs and provide potentially greater profits utilize a technology infrastructure of databases, application servers, security tools, systems management and legacy systems involve the creation of new value chains between a company and its customers and suppliers, as well as within the company itself involve major and potentially disruptive organizational change
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