The document discusses e-business and its importance. It defines e-business as using technology, particularly the internet, to facilitate buying, selling, and exchanging of products and services. It provides examples of e-business like online shopping on Amazon and travel bookings. The document outlines benefits of e-business such as lower costs, improved productivity and customer service, and extended reach. It concludes that e-business has become essential for businesses due to readily available internet solutions and its demonstrated benefits.