E-Business

E-Business (electronic business) is, in its simplest form, the conduct of business on the Internet. It refers to not only buying and selling but also servicing customers and collaborating with business partners.

E-Business (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-Business is a term often used in conjunction with e-commerce, but includes services in addition to the sale of goods.

E-business=e-commerce + other business services

E-business is used as an adjective to describe businesses that mainly operate online, i.e. they have no physical presence on the high-streets and seek to minimize customer-service and support through enabling ‘web self-service’.

In the dot-com era they used to be known as ‘pure-plays’

E-business (electronic business), derived from such terms as "e-mail" and "e-commerce," is the conduct of business on the Internet, not only buying and selling but also servicing customers and collaborating with other business partners.

Today, major corporations are rethinking their businesses in terms of the Internet and its new culture and capabilities.

Companies are using the Web to buy parts and supplies from other companies, to collaborate on sales promotions and to do joint research.

Exploiting the convenience, availability, and world-wide reach of the Internet, many companies, such as Amazon.com, the book sellers have already discovered how to use the Internet for their business activities successfully.

Travel bookings directly or indirectly as a result of Web research are becoming significant.

Web has abated and e-business by whatever name is accelerating.

The majority of Internet services are available to any business or consumer that has access to the Internet. However, many e-business applications that access sensitive company information require access to be limited to qualified individuals or partners.

If information is restricted to employees inside an organization, this is an intranet. If access is extended to some others, but not everyone beyond the organization, this is an extranet. Whenever you log-on to an Internet service such as that for an e-retailer or online news site, this is effectively an extranet arrangement, although the term is most often used to mean a business-to-business application.

E-Business services refer to all the activities that an enterprise undertakes in its business utilizing the power of the Internet. Strong frameworks have evolved in this area promising seamless connectivity and inter-operability across entities. However, these frameworks need to be understood in the specific context of the enterprise’s environment to execute the E-Business services successfully.