what is the difference b/w e-business e-commerce???
Basis of Difference | E-commerce | E-business |
Meaning | Refers to the use of the Internet specifically to conduct a firm’s online transactions between its customers and suppliers. | Refers to the use of the Internet for not only conducting online transactions but also other business functions. |
Scope | Limited | Vast |
Activities included | Includes interaction of buyers and sellers (online vendors) over the Internet. | Includes e-commerce along with other business functions such as production and inventory management, product development and accounting that are conducted electronically. |