Skip to main content

Seven Meanings and Definitions of E-business (electronic business)

 

7 Meanings and Definitions of E-business (electronic business)

 

Introduction:-

The term e-business is a modern term that did not appear until a decade ago, when IBM used it during the launch of its first campaign based on this term in its seeking to distinguish e-business activities from e-commerce activities.

 

Keywords : E-business  - electronic business – E-commerce - E-business  consulting – meaning of e-business

 

 

First definition:-

E-business is any type of business or commercial transaction that involves sharing information over the internet.

Commerce constitutes the exchange of products and services between companies, groups, and individuals and can be considered as one of the basic activities of any business.

E-commerce focuses on the use of information and communication technologies to enable external activities and business relationships with individuals, groups and other companies, while e-business refers to business with the help of the Internet.

E-business differs from e-commerce because it not only deals with online transactions for the sale and purchase of a product and / or service, but it also enables the conduct of business operations (inbound / outbound logistics, manufacturing and operations, marketing and sales, and customer service)

Second definition:-

E-business is conducting business operations on the Internet. These electronic business operations include the purchase and sale of goods and services, customer service, payment processing, production control management, cooperation with business partners, information sharing, automated employee services operation, and recruitment; And more.


Third definition:-

E-business refers to the use of the Web, the Internet, intranets, external networks, or a combination thereof, to conduct business. E-business is similar to e-commerce, but it goes beyond simply buying and selling products and services online. 

E-business encompasses a wide range of business operations, such as supply chain management, electronic order processing, and customer relationship management. Hence, e-business processes can help companies operate more effectively and efficiently

Fourth definition:-

E-business refers to any way to use digital information and communication technologies to support or simplify business processes - from preparation to implementation. However, it can also refer more specifically to the business operations of online stores or other Internet-based companies


Fifth definition:-

E-business is a general term that includes all forms of use of digital information and communication technologies to support and improve business operations. In contrast, e-commerce only describes the online commerce of products and services, and as such is just a sub-division of e-business

Sixth definition:- 

E-business is the management of conducting business over the Internet. This will include buying and selling goods and services, along with providing online technical or customer support.

Seventh definition:- 

It is a general concept from the private concept of electronic commerce, where electronic business is not limited to selling and buying goods and services such as electronic commerce, but includes consumer services, cooperation with partners, and electronic transactions within the organization itself.

 

Keywords : E-business  - electronic business – E-commerce - E-business  consulting – meaning of e-business

 

 

 

 

 

Comments

Popular posts from this blog

What are the types of e-commerce / e-business ?

  Types of e-business Most organizations nowadays have a minimum of some e-business capabilities to support their core competencies or accessory functions. However, the number of e-business happening at intervals associate enterprise varies. Some organizations have restricted e-business capabilities: a tiny low business that processes payments employing a mobile payment service like sq., however uses no different digital services, would be such a business. On the other end of the spectrum square measure those firms whose business model is totally sceptred by electronic and digital services. Rocket Mortgage, a web and mobile-friendly loan product from Quicken Loans, would be an example of that form of e-business. Keywords:|  E-Business Model Types | |  Business to Business| | B2B| |  business to consumer| | (B2C) |  | business to business| |(C2C)|  |consumer to business| | (C2B)| Although organizations area unit progressively exploitation digital services to support a bunch of func

The concept, advantages and risks of electronic banking or online banking

  The concept, advantages and risks of electronic banking The emergence of electronic banks In light of the tremendous development in computing and communication technologies that have achieved a rapid and comprehensive exchange of information, and this was accompanied by the investment of the Internet in the field of electronic commerce within the concepts of e-business, e-commerce and digital economy, in light of all this the development of the concept of online financial services, to transform the idea From merely carrying out business over the line especially through the client's computer system software, to a bank that has a full network presence and whose website contains all the necessary software for banking; On top of that, the concept of banking service has evolved from performing financial services for client accounts to performing money services, financial advice, investment services, trade, administration and others The history of the emergence of electronic banks or i

The concept, types and advantages of e-commerce

 The concept of e-commerce The concept of e-commerce has several definitions that differed according to the different bodies that mentioned it, and the rapid developments in e-commerce were directly reflected in its concept and depth of its dimensions One of the traditional definitions of e-commerce is that which indicates that : e-commerce represents a form of commercial transaction that involves the interaction of the exchange parties electronically instead of physical exchange or direct physical contact The World Trade Organization OMC defines e-commerce as :encompassing the activities of the production, distribution, identification, sale, or delivery of goods and services to the buyer through electronic media The Organization for Economic Cooperation and Development (OECD) defines electronic commerce more broadly as “all forms of transactions related to commercial activities that bring together individuals and institutions based on the electronic processing and transfer of data, es