Premium Essay

Difference Between E-Business And E-Commerce

Submitted By
Words 2032
Pages 9
The following report will seek to explain the difference between E-Business and E-Commerce providing examples where applicable to support the answer.
Most if not all companies nowadays have realized that the Internet is not only here to stay but that its influence in the way business is conducted will increase with the passage of time. We have all heard the terms e-business and e-commerce being used quite frequently but what do these terms really mean and what are the differences between the two terms that are being used.
E -business and e-commerce are terms that are used to differentiate one vendors' product from another. Both terms are different, and that difference matters for today's companies. The ‘e’ stands for electronic networks and
…show more content…
Emerging markets are excellent opportunities for companies as they are in constant demand for new and innovative products. By using E-Commerce, companies can conduct business and reach international customer throughout the world. E-commerce is also an incredible tool for new businesses as it allows them to rapidly broaden their customer base and interact with customers and businesses throughout the world. It also allows them to inexpensively market and advertise their company worldwide. In 2007 in Canada, it was estimated that, customers living outside of Canada generate 19% of the online revenues. E-Commerce definitely represents the future of the globally engaged marketplace. EC has left the innovation in existing jobs along with the creation of many new jobs. For example, the top ten in the main jobs in 2010 did not exist in 2004. This is because they are all directly related to the technologies that did not exist at the time. It can be assumed that, in the future many more jobs, business, and tasks will be computer-based. This will definitely impact the types of good and services in demand in the marketplace, and will continue to change how traditional tasks are …show more content…
An auction as we know is the process where buyer bid continuously for an item until the highest bidder wins the item. Forward auctions are the types of auctions that sellers use to offer their product to as wide a clientele as possible. Ebay mentioned above is a great example of this. In the case of a reverse auctions an individual or in most cases an organization will post their project or service they require at a specialist 3rd party website and request a quotation (RFQ). Immediately, there will be people submitting bids in an effort to win the project. The lowest bidder will usually get it. Governments have been know to use this method in an effort to save on costs. The Electronic marketplace (e-marketplace) is another mechanism of e-commerce where buyers and sellers transact on a virtual space by buying and selling goods and services.

Other types of e-commerce are G2G (Government-to-Government), G2E (Government-to-Employee), G2B (Government-to-Business), B2G (Business-to-Government), G2C (Government-to-Citizen), C2G (Citizen-to-Government). These primarily focus on paying taxes and government fees, making government applications, filing out forms etc. There are other categories of e-commerce out there, B2E (Business-to-Employee) e-commerce but they tend to be

Similar Documents

Premium Essay

Difference Between E-Business and E-Commerce differences in e-business, e-commerce, and e-government.  Difference between E-Business and E-Commerce: I chose to answer this question because it seemed fitting for today how the business world has evolved over the last 10 or so years in relation to how they conduct business operations. There are numerous differences when it comes to the differences between e-business, e-commerce, and that of e-government. E-business for instance deals with the methods that a company uses to link or combine their external and internal data processing systems in a more efficient and flexible manner, which helps to enable them to work more closely with suppliers and partners. This is what basically allows them to get more of a satisfactory rating per se from their customers in regards to the customers’ wants and needs. It also has a more strategic focus with emphasis placed primarily on certain functions that occur when electronic capabilities are used. It can also be said that e-business are those businesses that run the traditional way but also cater to the needs of their online requests by customers. An e-business is not complete until it can definitely handle phone calls, mail orders and the online activities that are entailed or come along with it. In a nutshell, an e-business encompasses the whole value chain such as: electronic purchasing and supply chain management, processing orders electronically, handling customer service, and cooperating with business......

Words: 1046 - Pages: 5

Premium Essay

None Available, and potential business owners are looking to the information highway which is the internet to launch their business into operation. The terms e-commerce and e-business get thrown around when we talk about online retail, however, the terms are quite different. Online retail for niche markets have grown as well, there is usually an online retailer that is taking advantage of every growing fad or new products that are introduced to our society. These niche online retailers sometimes have great success and sometimes they do not have success, but no matter what, we can always find multiple websites that appeal our specific hobbies or interest such as; comic books, fitness, golf, videogames, or really anything you can think of. The differences between e-commerce and e-business are subtle, but there are differences. According to, “Electronic commerce (also known as e-commerce) is the buying and selling of goods and services over the internet. E-commerce is one aspect of e-business.” The concept of e-commerce is simple, it is the buying and selling of goods online, it is the basis of e-business but e-business is a little more complex than that. Conducting sales online and participating in an e-commerce environment is simple and a lot of people do it. Running an e-business is a more complex task that takes all the financial, planning, marketing, and logistical consideration a brick and mortar business would take but applies it all to an e-business. ......

Words: 1883 - Pages: 8

Premium Essay

E-Commerce Understanding

...Define e-commerce and describe how it differs from e-business.  Identify and describe the unique features of e-commerce technology and discuss their business significance.  Recognize and describe Web 2.0 applications.  Describe the major types of e-commerce.  Discuss the origins and growth of e-commerce.  Explain the evolution of e-commerce from its early years to today.  Identify the factors that will define the future of e-commerce.  Describe the major themes underlying the study of e-commerce.  Identify the major academic disciplines contributing to e-commerce. Key Terms e-commerce, p. 12 e-business, p. 13 information asymmetry, p. 14 marketplace, p. 16 ubiquity, p. 16 marketspace, p. 16 reach, p. 16 universal standards, p.16 richness, p. 17 interactivity, p. 17 information density, p. 17 personalization, p. 18 customization, p. 18 Web 2.0, p. 19 business-to-consumer (B2C) e-commerce, p. 22 business-to-business (B2B) e-commerce, p. 22 consumer-to-consumer (C2C) e-commerce, p. 22 social e-commerce, p. 22 mobile e-commerce (m-commerce), p. 23 local e-commerce, p. 23 Internet, p. 23 World Wide Web (the Web), p. 24 disintermediation, p. 32 friction-free commerce, p. 33 first mover, p. 33 network effect, p. 33 Copyright © 2013 Pearson Education, Inc. 2 Brief Chapter Outline Opening Case: Pinterest: A Picture Is Worth a Thousand Words 1.1 E-commerce: The Revolution Is Just Beginning The First Thirty Seconds What Is E-commerce? The Difference between E-commerce......

Words: 6285 - Pages: 26

Premium Essay

E Business

...E-Commerce 2015 Questions ------------------------------------------------- Chapter One Review Questions 1. Describe three factors that would cause a company to continue doing business in traditional ways and avoid electronic commerce. 2. Figure1-5 lists roommate-matching services as a type of business that is well-suited to a combination of electronic and traditional commerce. In one paragraph, describe the elements of this service that would be best handled using traditional commerce and explain why. 3. Choose one major difference between the first wave and the second wave of electronic commerce. Write a paragraph that describes this difference to a person who is not familiar with either business or Internet technologies. 4. What are transaction costs and why are they important? 5. Provide one example of how electronic commerce could help change an industry’s economic structure from a hierarchy to a network. 6. How might managers use SWOT analysis to identify new applications for electronic commerce in their strategic business units? 7. In about 200 words, explain the difference between language translation and language localization. ------------------------------------------------- Chapter Two Identify the key components of e-commerce business models. A successful business model effectively addresses eight key elements: * Value proposition—how a company’s product or service fulfils the needs of customers. Typical e-commerce value propositions......

Words: 812 - Pages: 4

Premium Essay

Electronic Commerce Research

...Electronic Commerce Research and Applications 3 (2004) 389–404 Analysis of E-commerce innovation and impact: a hypercube model Jen-Her Wu a a,b,* , Tzyh-Lih Hisa a,c Department of Information Management, National Sun Yat-Sen University, 70 Lien-Hai Road, Kaohsiung 80424, Taiwan b Institute of Health Care Management, National Sun Yat-Sen University, Kaohsiung, Taiwan c Department of Information Management, Chinese Navel Academy, Kaohsiung, Taiwan Received 17 February 2004; received in revised form 19 April 2004; accepted 19 May 2004 Available online 2 July 2004 Abstract Electronic commerce (E-commerce) innovating applications have posed novel, technical, organizational and commercial challenges. This study uses a hypercube model to investigate these innovative changes and focuses on their impacts on E-commerce stakeholders: providers, E-commerce companies, customers, and complementors. The results indicate that mobile commerce (M-commerce) differs substantially from Web-based commerce in some technological components, yet both share common business model. However, from Web-based to M-commerce, innovation is architectural for customers and E-commerce companies, but a radical change for complementors. From M-commerce to Ucommerce, innovation is modular to customers, architectural to complementors and radical to E-commerce companies and providers. Thereafter, the critical impacts of E-commerce innovations on the stakeholders are......

Words: 8521 - Pages: 35

Premium Essay

Global Challenges Associated with E-Commerce

...Associated with E-Commerce Pamela Moss IT500-02 Critical Concepts and Competencies for the IT Professional Instructor: Sheila Fournier-Bonilla Kaplan University 03.20.2013 Global Challenges Associated with E-Commerce For many businesses today, implementing e-commerce capabilities into a traditional business can seem like an easy task on the surface, but there are many challenges associated with successfully implementing an e-commerce web site into a business that will appeal to global consumers and increase the success and profitability of the business. One model commonly used in e-commerce is the multi-stage model; this model breaks down each stage of the customer’s shopping experience to ensure quality and service that will induce positive feedback from the customer and return visits. Like all traditional businesses, there are challenges at start-up, and e-commerce also has its own challenges. This document will discuss six major challenges businesses face when trying to implement a successful e-commerce web site, the effects these challenges have on an e-commerce business, and what steps may be taken to overcome these challenges. Cultural challenges in e-commerce are one of the most difficult challenges to overcome because the language challenge must be considered simultaneously. A clear assessment of culture is a combination of language and routine executed in a specific location or geographical region. Therefore, cultural challenges for an e-commerce web......

Words: 1579 - Pages: 7

Premium Essay

The Wisdom Lies

...What is Electronic Commerce? Commerce * The exchange of commodities, buying and selling, of products and services requiring transportation, from location to location is known as commerce. E-Commerce * From a communications perspective, e-commerce is the delivery of information, products/services or payments via telephone lines, Fax, computer networks or any other means. What is Electronic Commerce? * From an online perspective, e-commerce provides the capability of buying and selling * It refers to a wide range of online business activities for products and services. * Any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact. Difference between E-Commerce & E-Business * Electronic commerce or "e-Commerce" * E-commerce covers online processes that touch customers, suppliers and external partners, including sales, marketing, order taking, delivery, customer service, purchasing of raw materials and supplies for production. * More sophisticated system such as flight and hotel reservation system. Difference between E-Commerce & E-Business e-Commerce breaks into two components: Online Shopping - the scope of information and activities that provides the customer with the information they need to conduct business with you and make an informed buying decision. Online Purchasing - the technology infrastructure for the exchange of data and the...

Words: 1542 - Pages: 7

Premium Essay

Dsskdj Sdfjalka Aksd

...MAJOR TRENDS IN E-COMMERCE, 2006 e-commerce the use of the Internet and the Web to transact business. More formally,digitally enabled commercial transactions between and among organizations and individuals e-business the digital enablement of transactions and processes within a firm, involving information systems under the control of the firm THE DIFFERENCE BETWEEN E-COMMERCE AND E-BUSINESS There is a debate among consultants and academics about the meaning and limitations of both e-commerce and e-business. Some argue that e-commerce encompasses the entire world of electronically based organizational activities that support a firm’s market exchanges—including a firm’s entire information system’s infrastructure others argue, on the other hand, that e-business encompasses the entire world of internal and external electronically based activities, including e-commerce E-commerce primarily involves transactions that cross firm boundaries. E-business primarily involves the application of digital technologies to business processes within the firm. The term e-business to refer primarily to the digital enablement of transactions and processes within a firm, involving information systems under the control of the firm. For the most part, in our view, e-business does not include commercial transactions involving an exchange of value across organizational boundaries. For example, a company’s online inventory control mechanisms are a component of e-business, but such......

Words: 611 - Pages: 3

Premium Essay

Difference Between E Logistics and Traditional Logistics

...Emergence of e-business and supply chain management enables informational technologies to fuse with logistic. In this fast growing global economy, e-logistics has been appeared to overcome the informational barriers in the supply chain. This essay indents to bring an interpretation of the “old economy” logistics with "new generation" logistics. Firstly, the essay explains the definitions of the e-logistics and also analyses the differences between e-logistics and traditional logistics. INTRODUCTION Oscar Morgenstern proposed logistics as a discipline in science economy. Until the Second World War, logistics was considered as a science using for military services. Now logistics is considered as a civil science. The developmental stages of logistics can be categories as military logistics, business logistics and e-logistics. Among these stages, e- logistics can be considered as the latest stage of this industry. Nowadays, e-logistics has been discussed as electronic logistics, which uses the web technology as inevitable tool to administer some of the sectors of logistic industry or the whole process (Wang Wei, 2003); according to Prof. Zhai Xuewei, e-logistics is the combination of logistics supporting e-commerce and the electronic technology for logistics (Sun Chao, 2002). In this juncture, e-logistics can be regarded as e-logistic commerce, in which information flow is combined in the form of electronic technology, network technology and automation. Therefore,......

Words: 1885 - Pages: 8

Premium Essay


...Chapter 1 The revolution is just beginning E-Commerce: Use of Internet and web to transact business securely and privately. Commerce * Commerce is the exchange of items of value between persons or companies * Any exchange of money for a product, service or information is considered a transaction of commerce * Commerce is the branch of business. It is concerned with the exchange of goods & services. It includes all those activities, which directly or indirectly facilitate that exchange. E-Business Digital enablement of transaction and processes system within a firm, involving information system under firm’s control. Functions of Business Research & Development, HRM, Sales & Distribution and Marketing. Difference Between E-Commerce and E-Business E-Commerce E-Business 1. E-Commerce covers outward facing E-Commerce covers internal processes such process that touch customers, suppliers as Production, inventory management, and external partners. product development, risk management, finance, knowledge management and human ...

Words: 2794 - Pages: 12

Premium Essay

Introduction to Electronic Commerce to continue doing business in traditional ways and avoid electronic commerce. Three factors that would cause a company to continue doing business the traditional way could be the type of products a company is selling, cultural and legal hindrances, and also if a company places an emphasis on low value transactions. The products a company sells can be a determining factor in their avoidance of the use of electronic commerce. For example, if a company was selling perishable foods or unbranded clothing, their customer base would want to examine the products before they buy to determine the quality of the item they are purchasing. Also if a company sells used or unbranded products it would be difficult for them to really sell significantly over the internet. Cultural and legal difficulties can cause a problem as well because many consumers are not at ease or comfortable with spending their information over the Internet to different businesses. Plus, the legal aspect is unclear when it comes to electronic commerce. If a company’s sales are primarily low value transactions then it would make no sense for them to switch into an electronic commerce business model because the cost of shipping would be prohibitive to its customers. RQ3. Choose one major difference between the first wave and the second wave of electronic commerce. Write a paragraph that describes this difference to a person who is not familiar with either business or Internet......

Words: 409 - Pages: 2

Premium Essay

Ecom 320 Assignment 1

...It has two parts. * Part A: seven short-answer questions worth a total of 35 marks * Part B: two case analyses worth a total of 65 marks Part A: Short-Answer Questions (35 marks total) Answer each question in one to two paragraphs. (5 marks each) 1. What are the major similarities and differences between the Google and Yahoo business models? -Value Proposition – Through search engines users get useful responses to their queries with both Yahoo and Google. Google offers hosted web-based Google apps, and Android an open source mobile software platform to create applications for mobile devices. Yahoo has also been attracted to other ventures such as Dialpad to compete with Skype. Google has targeted Ads using Adwords and they extend advertising campaigns to network members through Adsense. Yahoo offers location specific home pages to access news relevant to your area. -Revenue Model – Google earns larger revenues through advertisers buying ad space on google websites, sale of enterprise products and advertising through network members. Yahoo also sells ad space but competing with google for revenue from enterprise products has created a large gap between Yahoo and Google. Market Opportunity – Google has a large market opportunity served through Internet users, advertisers, google network members, mobile device owners, and its continued efforts at entering new markets such as cloud music. Yahoo continues to fall behind google well also trying to brake......

Words: 2382 - Pages: 10

Premium Essay


...nations faces various obstacles in adoption of new business ranging from infrastructural issues of technological advancement, network problem, lack of skilled resources, etc; investment issues in inter-organization communication, network establishment, etc; security and privacy issues of customer information in transaction; government regulations for legal protection of consumer rights; logistics issues of distribution; lack of physical and social interaction in virtual environment for purchase; and returning policy of traders (OECD, 2004). Although infrastructure and deregulation governs the success of commerce, transactional trust is mandatory for encouraging the participants to pursue the shopping from foreign firms (Oxley & Yeung, 2001). Socio-cultural characteristics of these countries also raises concern of institutional trust in the new business as substitute for social milieu lacking in personal touch or localization of product (Efendioglu, Yip, & Murray, 2004). Temporal and spatial separation requires radical shift in consumer pattern to create trust between parties involved in transaction occurring in trading based on agreed contract. Delivery of products to the increasing number of customers in new system brings challenges for seller to keep the promises of order fulfillment in committed time. Logistics capability determines the delivery and distributed channel of firm to ensure speed and timeliness of delivery in business operations (Alemayehu, & Heeks, 2007).......

Words: 2164 - Pages: 9

Premium Essay

Directions for Web and E-Commerce Application Security

...Engineering Term Paper on Directions for Web and E-Commerce Applications Security SupervisorProf.P.M. Khilar Submitted byDinesh Shende Roll No-212CS2102 M.Tech(1st year) Directions for Web and E-Commerce Applications Security Abstract: This paper provides directions for web and e-commerce applications security. In particular, access control policies, workflow security, XML security and federated database security issues pertaining to the web and e-commerce applications are discussed. These security measures must be implemented so that they do not inhibit or dissuade the intended e-commerce operation. This paper will discuss pertinent network and computer security issues and will present some of the threats to e-commerce and customer privacy. These threats originate from both hackers as well as the e-commerce site itself. Another threat may originate at ostensibly friendly companies such as DoubleClick, MemberWorks and similar firms that collect customer information and route it to other firms. Much of this transaction information is able to be associated with a specific person making these seemingly friendly actions potential threats to consumer privacy. Many of the issues and countermeasure discussed here come from experiences derived with consulting with clients on how to maintain secure e-commerce facilities. These methods and techniques can be useful in a variety of client and server environments, also serving to alert e-commerce users of potential......

Words: 3283 - Pages: 14

Premium Essay

(Chapter 6) Data Communications: Delivering Information it travels from the sending device to the receiving device What is a protocol and why is it important in electronic communications? * Protocol: Rules that govern data communication, including error detection, message length, and transmission speed * Because before a communication link can be established between 2 devices, they must be synchronized, meaning that both devices must start and stop communication at the same point. What is a host? * Any device that connects to the network is a “host” What is the difference between a switch and a router? * Router: Main linking device across different networks. * Is a network connection device containing software that connects network systems and controls traffic flow between them. * Switch: Main linking device within a network. * Connecting two or more nodes in the same network or different network. Distinguish between the main two types of conducted media (wired media). * Provides a physical path along which signals are transmitted * Electrical Conductors * Wires (STP & UTP) * Coaxial cable * Light Conductors * Fiber optics Distinguish between centralized data processing, decentralized data processing, and distributed data processing. * Centralized: Processing is done at one central computer. * Advantage * Being able to exercise tight control on system operations and applications * Disadvantage * Lack...

Words: 4052 - Pages: 17