TEST BANK for Operations Management, 14th Edition by William J. Stevenson,.pdf
Key differences between e b and ec
1. Key Differences Betweene-commerce and e-business
The pointspresented below aresubstantialsofar as the differencebetween
e-commerceand e-businessis concerned:
1. Buying and Selling of goods and services through theinternet is known as
e-commerce. Unlike e-business, which is an electronic presenceof business,
by which all the businessactivitiesareconductedthrough theinternet.
2. e-commerceisa major component of e-business.
3. e-commerceincludestransactionswhich arerelated tomoney, but e-
businessincludes monetaryas well as allied activities.
4. e-commercehasan extroverted approachthat coverscustomers, suppliers,
distributors, etc. On the other hand, e-businesshas an ambivert
approach that coversinternalaswell as externalprocesses.
5. e-commercerequiresa websitethat canrepresent the business. Conversely,
e-businessrequiresa website, Customer Relationship Management
and EnterpriseResourcePlanning for running the businessover the
internet.
6. e-commerceuses theinternet to connect with the rest of the world. In
contrast toe-business, theinternet, intranet and extranet areused for
connecting with theparties.