The following report will seek to Explain the difference between E-Business and E-Commerce providing examples where applicable to support the answer. Most if not all companies nowadays have realized that the internet is not only here to stay but that its influence in the way business is conducted will increase with the passage of time. We have all heard the terms e-business and e-commerce being used quite frequently but what do these terms really mean and what are the differences between the two terms that are being used. E -business and e-commerce are terms that are used to differentiate one vendors' product from another. Both terms are different, and that difference matters for today's companies. The ‘e’ stands for electronic networks and describes the application of the electronic network technology. This include Internet and electronic data interchange (EDI) and is used …show more content…
Two basic issues: privacy and job loss. By making it easier to store and transfer personal information, e-business presents some threats to privacy. First, most electronic payment systems know who the buyers are. It may be necessary, then, to protect the buyers' identities. Businesses frequently use encryption to provide this protection. Another major privacy issue is tracking. For example, individuals' activities on the Internet can be tracked by cookies. Cookies store your tracking history on your personal computer's hard drive, and any time you revisit a certain Web site, the server recognizes the cookie . In response, antivirus software packages routinely search for potentially harmful cookies. In addition to compromising individual privacy, the use of EC may eliminate the need for some of a company's employees, as well as brokers and agents. The manner in which these unneeded workers, especially employees, are treated can raise ethical issues: (From
E-commerce is the process of buying and selling of various products and services by businesses through the Internet. Primarily there are five types of ecommerce systems: Business to Consumer (B2C)
However, this definition seemed to be impartially narrow by some people, therefore, with the new term E-Business has emerged, that brings out wider definition of E-Commerce. It is important to note that E-commerce is not just restricted to selling and buying of goods and services, however it also service customers, cooperating with business partners and leading electronic transaction within the company (Song & Zahedi, 2001).
E-commerce is short for electronic commerce and refers to purchasing and selling items and services on the Internet via a website. Otherwise called an online store, an E-Commerce website has features that make it easy for customers to browse for items to purchase.
Electronic Commerce in short known as E-commerce. E-commerce is the business or commercial transaction which transforms information in internet. E-commerce which is buying or selling any products or services in Online using internet. It is Electronic mediator between the customer and the organization. The main aim of E-commerce is to provide secure transactions for the customer
In e-business, companies undertake their business operations through electronic means. E-business is very similar to e-commerce, but e-business goes past simple buying and selling of services and products online.(是要分开介绍两者区别吗?还是一笔带过?) E-business involves wide array of business, but the primary premise is its dependence on the internet for commerce.
E-business stands for electronic business. The role of E-business is conducting the business via the electronic by synchronizing all the supply chain to make the process more efficient and get to fulfill more customer demand. It could reduce the cost of production, expands the business by giving support from business to business. While, E-commerce is the process of transferring money which is different from e-business, so e-commerce is being considered as a part of e-business.
E-commerce is a product that has been available since the early 90’s. It is something that people are familiar with. A product that is now part and parcel of people’s lives.
E-business uses the digital technology to optimize the business activities of organization in order to increase the efficiency and effectiveness of operation and gain competitive advantages. E-business provides the solution that allows the organization to instantly share database, information of products and services, financial figures and data and nearly anything else that the organization may need to operate the business activities effectively and efficiently (Nguyen, 2013). E-commerce which is the abbreviation of electronic commerce is the subset of e-business. It focuses on the online transaction which includes selling of products or service by using computer network, primarily the Internet.
2. What is the conducting of business on the Internet, not only buying and selling, but also serving customers and collaborating with business partners?
The e stands for electronic and the commerce implies the selling of goods or facilities. The term is not a supplement one (Wikipedia claims online shopping was invented in 1979 by Michael Aldrich) and I think the progress of the how of e-commerce can often period confuse the business.
E-Commerce describes any business to consumer transactions that take place partly or solely online and is not limited to the purchase of physical products from a website – although that does make up a key component of most e-commerce businesses. Some services or products are sold purely online while other companies may have physical stores or headquarters in addition to their online presence.
E-commerce is characterized as trade that is executed electronically, as over the web. The vast majority consider E-commerce as purchasing things on the web. In all actuality, it is significantly more than that. It incorporate buys from such places as Amazon or Borders for you books, to a variety of donning merchandise stores for your open-air exercises. It additionally incorporates administrations, for example, managing an account. There is business-to-consumer (B2C) exchanges that a large portion of us utilize today. Another structure is consumer-to-consumer (C2C), which incorporated the well-known closeout locales. There is additionally business-to-business (B2B) trade done on the web. They are all types of E-commerce.
So what exactly does e-commerce mean? Let’s see how Merriam Webster’s online dictionary defines the word:
Electronic commerce (EC) provides a cost effective technique for organizations to marketplace their business, improve communication, identify potential business partners, and launch new way to their customer to purchase products online.
ii)E-business:-E-business basically used in promoting individuals business with the help of same electronic network such as website or webpage.