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16.
Definition
E-Commerce:
Digitally enabled commercial transactions
between and among organizations and
individuals.
17.
Use of Internet and Web to transact business.
Simply,
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It is Buying and Selling using an electronic medium.
It is accepting credit and payments over the net.
Doing banking transactions using the Internet.
Selling commodities or information using the World Wide Web.
Social networking is also a platform of E-commerce.
5things About e-commerce
20.
Definition
E-Business:
Digital enablement of transactions and
processes within a firm, involving information
systems under firm’s control.
21.
Creating a
digital business model
to maximize
customer value !
Simply,
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5things About e-Business
Making the business digital.
It’s re-defining old business models.
Integrating many aspects of a company (sales, marketing, finance).
Not only limited to monetary transactions.
Uses Internet, Intranet and Extranet.
26.
Comparison
E-Commerce E-Business
Meaning01
Trading of merchandise,
over the internet is
known as E-commerce.
Running business using
the internet is known as
E-business.
27.
Comparison
E-Commerce E-Business
02 What is it?
Subset Superset
28.
Comparison
E-Commerce E-Business
03
No
Is it limited to monetary transactions?
Yes
29.
Comparison
E-Commerce E-Business
04 What they carry out?
Commercial transactions Business transactions