length 1200 words:
Question; What is your opinion of e-business and e-commerce and
their roles in today’s...
60.1K
Verified Solution
Link Copied!
Question
Finance
length 1200 words:
Question; What is your opinion of e-business and e-commerce andtheir roles in today’s world of business? Analyse a case study tosupport your ideas.
Answer & Explanation
Solved by verified expert
4.2 Ratings (633 Votes)
The terms ecommerce and ebusiness are often used interchangeably however they both have different interpretations that have different impact and influence on todays businesses The only similarity prevailing is the electronic medium that includes use of Internet for Electronic Data Interchange EDI and Electronic Funds Transfer EFT to conduct business activities ECommerce covers only the outward facing operations ie online buying and selling of goods and services that include order receiving dealing delivering and paying The ecommerce strategy aims at understanding consumer behaviour that help them provide reliable functional and userfriendly services EBusiness has emerged as a mainstream solution for many businesses It focuses on the business as a whole and is not restricted to commercial
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!