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E-Business

eBusiness (e-Business), or Electronic Business, is the administration of conducting business via the Internet. This would include the buying and selling of goods and services, along with providing technical or customer support through the Internet.

E-BusinessE-Commerce
Running a business using internetTrading of merchandise over the internet
A broader conceptE-commerce is a part of E-business
Business transactions are carried out in itCommercial transactions are carried out in it
Main types are:
– Pure play (online only)
– Brick and click (both offline and online)
Main types are:
– B2B
– B2C
– C2B
– C2C
– G2C
Monetary transactions, marketing operations, SCM, etcLimited to monetary operations only.
Examples:
– E-commerce company along with its various activities
Examples:
– Online retailers (Flipkart, Snapdeal)
Internet, Intranet & Extranet are usedInternet is used
Transactions are not limitedTransactions are limited in it

Features of E-Business:

  • It is easy to set up.
  • There are no geographical boundaries.
  • Much cheaper than traditional business.
  • There are flexible business hours.
  • Marketing strategies cost less.
  • Online business receives subsidies from the government.
  • There are a few security and integrity issues.

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