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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

What are the four major factors contained in the definition of e-business?

Summary Introduction

To determine: The four major factors contained in the definition of e-business.

Introduction: E-business or electronic business is a derivative from associated conditions as email and e-commerce. It implies the direct of any business action, either B2B or B2C on the Internet and additionally other electronic systems.

Explanation

The four major factors contained in the definition of e-business are as follows:

E-business can be characterized as the composed effort of people to manufacture and sell, for profit, the products and services that fulfil society's needs through the services accessible on the Internet.

  • To be composed, an e-business must consolidate human, material, instructive, and budgetary resources, yet the resources might be more specific than in usual business...

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