Electronic Business

Definition & Meaning

Last updated 7 month ago

What is Electronic Business (E-Business)?

What does E-Business stand for?

itMyt Explains Electronic Business:

Electronic commercial enterprise (e-Business) refers to the usage of the Web, Internet, Intranets, Extranets or some combination thereof to behavior business. E-business is much like e-trade, but it goes past the easy buying and promoting of products and services on-line. E-commercial enterprise includes a much wider Range of agencies Methods, which include supply chain control, Digital order processing and patron dating control. E-Business Processes, therefore, can help organizations to Function more successfully and efficiently.

What Does Electronic Business Mean?

Electronic enterprise is a broader term that encompasses different commonplace terms such as e-trade and e-tailing. As extra of companies' sales, Advertising and different inner commercial enterprise techniques are conducted digitally, electronic business strategies consisting of Client Relationship control (CRM), corporation resource planning (ERP), and content management have become more and more important. This shift has additionally been facilitated with the aid of improved security features for on-line Transactions.

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