What do you understand by e business?

E-Business (electronic business) is any process that a business organization conducts over a computer-mediated network. Business organizations include any for-profit, governmental, or nonprofit entity. Their processes include production-, customer-, and internal- or management-focused business processes.

What is E-business explain with example?

Online Business or e-business is any kind of business or commercial transaction that includes sharing information across the internet. Commerce constitutes the exchange of products and services between businesses, groups, and individuals and can be seen as one of the essential activities of any business.

What is E-business and its importance?

B2G is the online exchange of information and transactions between businesses and government agencies, also known as egovernment. B2G allows government agencies and businesses to use electronic means to conduct business and interact with each other over the internet.

What do you mean by E-business class 11?

E-business, also known as electronic business, is the conduct of business on the internet. Its scope is not only confined to buying and selling of products but also servicing customers and collaborating with business partners. In simple words, it can be defined as the administration of conducting business via internet.

What are the types of e-business?

Types of E-Commerce

  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)
  • Consumer-to-Consumer (C2C)
  • Consumer-to-Business (C2B)
  • Business-to-Administration (B2A)
  • Consumer-to-Administration (C2A)
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What is difference between e-business and traditional business?

E-commerce i.e., electronic commerce is similar to traditional commerce. It also includes the exchange of goods and services. The solitary difference is that it is handled online through an electronic network – the Internet.

Comparison Table:

TRADITIONAL COMMERCE E-COMMERCE
Delivery of products
Instantly Takes some time

What are the functions of e-business class 11?

What are eBusiness functions?

  • Accounts/Billing. Financial processes become more streamlined, small business processing can be centralised and simplified. …
  • Inventory control. …
  • Procurement. …
  • Human Resources. …
  • Marketing. …
  • CRM.
To help entrepreneurs