E-business and E-commerce.
Q.4 (iii) E-business and E-commerce.
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Answer: E-business vs e-commerce
| Point | E-business | E-commerce |
|---|---|---|
| 1. Meaning | Conducting all business activities (buying, selling, production, HR, finance, customer service, supply chain) using the internet and electronic networks. | Buying and selling of goods and services and transfer of funds over the internet. |
| 2. Scope | Wider concept; e-commerce is a part (subset) of e-business. | Narrower; it is a subset of e-business. |
| 3. Activities | Includes both internal activities and external transactions. | Covers mainly external, commercial transactions involving money. |
| 4. Network used | Uses internet, intranet and extranet. | Mainly uses the internet. |
| 5. Parties | Involves customers, suppliers, employees, partners and others. | Mainly involves buyers and sellers. |
| 6. Example | A firm managing production, inventory and payroll online. | Buying a book from an online shopping site. |
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· 29 Oct 2026
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