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“E-business is a wider term than e-commerce.” Comment. - Business Studies

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“E-business is a wider term than e-commerce.” Comment.

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Solution

The terms ‘E-business’ and ‘E-commerce’ are often used interchangeably, but in reality, E-business is a wider term than E-commerce. E-commerce primarily focuses on the distribution of goods and services, whereas E-business covers a broader range of activities. E-business not only includes E-commerce, but also encompasses other electronically conducted business functions, such as production, accounting, finance, personnel management, and administration. Therefore, it is clear that the scope of E-business is wider than that of E-commerce.

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Chapter 20: E-Business - EXERCISES [Page 286]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 20 E-Business
EXERCISES | Q II. 2. | Page 286
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