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Question

Distinguish between e-commerce and e-business.

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Solution

  • The conduct of industry, trade and commerce using the computer networks is defined as e-business.
  • E-Business is a more elaborate term and comprises various business transaction and functions conducted electronically, including the more popular gamut of transactions called 'e-commerce'.
  • E-Commerce covers a firm's interactions with its customers ans suppliers over the internet.
  • E-Business includes not only e-commerce, but also other electronically conducted business functions such as production, inventory managemant, product development, accounting and fianance human resources management.

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