Key differences between e b and ec
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E-commerce refers specifically to buying and selling of goods and services over the internet, while e-business is a broader term that encompasses all business processes conducted online, including internal operations. While e-commerce is a major component of e-business, e-business includes both monetary and non-monetary activities and uses various digital networks like intranets to connect internally as well as externally.
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Key differences between e b and ec
- 1. Key Differences Betweene-commerce and e-business The pointspresented below aresubstantialsofar as the differencebetween e-commerceand e-businessis concerned: 1. Buying and Selling of goods and services through theinternet is known as e-commerce. Unlike e-business, which is an electronic presenceof business, by which all the businessactivitiesareconductedthrough theinternet. 2. e-commerceisa major component of e-business. 3. e-commerceincludestransactionswhich arerelated tomoney, but e- businessincludes monetaryas well as allied activities. 4. e-commercehasan extroverted approachthat coverscustomers, suppliers, distributors, etc. On the other hand, e-businesshas an ambivert approach that coversinternalaswell as externalprocesses. 5. e-commercerequiresa websitethat canrepresent the business. Conversely, e-businessrequiresa website, Customer Relationship Management and EnterpriseResourcePlanning for running the businessover the internet. 6. e-commerceuses theinternet to connect with the rest of the world. In contrast toe-business, theinternet, intranet and extranet areused for connecting with theparties.