Ecommerce 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 and so on.
Ebusiness in addition to encompassing Ecommerce includes both front and back-office applications that form the engine for modern Ecommerce. Ebusiness is not just about Ecommerce transactions; it's about re-defining old business models, with the aid of technology to maximize customer value. Ebusiness is the overall strategy and Ecommerce is an extremely important facet of Ebusiness.
Thus ebusiness involves not merely setting up the company website and being able to accept credit card payments or being able to sell products or services on time. It involves fundamental re-structuring and streamlining of the business using technology by implementing enterprise resource planning (ERP) systems, supply chain management, customer relationship management, data ware housing, data marts, data mining, etc.Statistics: Posted by NewsEditor — July 6th, 2014, 3:58 pm
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