What is E-business?
Conducting business activities over the internet or any other computer network is known as E-business or Electronic Business. E-business conducts all business activities, like trade, commerce, and industry; electronically. It is about using the internet and other computer networks and technologies to provide superior customer service, increase sales and reduce costs. Computer networks, which are more secure, effective, and efficient as compared to the internet are often used in E-business.
In the words of Philip Kotler,“Electronic Business is the general term for buying and selling process that is supported by electronic means.
Difference between E-business and Traditional Business
E-business and traditional business are two ways of conducting business through the Internet and local stores respectively. Even though both are ways of performing business and selling goods and services, they are different from each other.
Table of Content
- What is E-business?
- What is Traditional business?
- Difference between E-business and Traditional Business