Scribd
Upload
86 views1 page

E Commerce

E-commerce refers to any commercial transaction conducted online, typically involving the transfer of information over the Internet. E-business more broadly describes business processes and systems that are driven by web technologies. There are five main categories of e-commerce: business-to-consumer, business-to-business, business processes, consumer-to-consumer, and business-to-government. Electronic funds transfer and electronic data interchange are important aspects of e-commerce, allowing for the electronic exchange of money and business documents between organizations. A business model outlines how a company creates and captures value through its economic and strategic operations.

Uploaded by

Danpite Rana
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
86 views1 page

E Commerce

E-commerce refers to any commercial transaction conducted online, typically involving the transfer of information over the Internet. E-business more broadly describes business processes and systems that are driven by web technologies. There are five main categories of e-commerce: business-to-consumer, business-to-business, business processes, consumer-to-consumer, and business-to-government. Electronic funds transfer and electronic data interchange are important aspects of e-commerce, allowing for the electronic exchange of money and business documents between organizations. A business model outlines how a company creates and captures value through its economic and strategic operations.

Uploaded by

Danpite Rana
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

What is e-commerce?

Ans: Electronic commerce or ecommerce is a term for any type of business, or commercial transaction
that involves the transfer of information across the Internet.

What is e-business?
Ans: Electronic business or e-business is the term used to describe the information systems and
applications that support and drive business processes, most often using web technologies.

Five general e-commerce categories:
Business-to-consumer
Business-to-business
Business processes
Consumer-to-consumer
Business-to-government

Electronic funds transfer (EFT)
Electronic funds transfer (EFT) is the electronic exchange, transfer of money from one account to
another, either within a single financial institution or across multiple institutions, through computer-based
systems

Electronic Data Interchange (EDI)
Electronic Data Interchange (EDI) is the computer-to-computer exchange of business documents
in a standard electronic format between business partners.

Business model
A business model describes the rationale of how an organization creates, delivers, and captures value, in
economic, social, cultural or other contexts. The process of business model construction is part of
business strategy.

You might also like