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Question
Write a note on E-business Vs. E-commerce.
Short/Brief Note
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Solution
The terms ‘E-business’ and ‘E-commerce’ are often used interchangeably, but in reality, E-business encompasses more than just E-commerce. While E-commerce focuses solely on the distribution of goods and services, E-business is a broader concept. It includes E-commerce as well as other business functions conducted electronically, such as production, accounting, finance, human resources, and administration. Therefore, the scope of E-business is much wider than that of E-commerce.
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Chapter 20: E-Business - QUESTION BANK [Page 287]
