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The Wisdom Lies

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What is Electronic Commerce?
* The exchange of commodities, buying and selling, of products and services requiring transportation, from location to location is known as 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 purchase of a product over the Internet. Online purchasing is a metaphor used in business-to-business e-Commerce for providing customers with an online method of placing an order, submitting a purchase order, or requesting a quotation. e-Business -is a super-set of e-Commerce.
- includes e-commerce but also covers internal processes such as production, inventory management, product...

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