Electronic commerce (EC or e-commerce ) describes the process of buying, selling, transferring, serving, or exchanging products, services, or information via computer networks, including the Internet . Some people view the term commerce as describing only transactions conducted between business partners. When this definition is used , some people find the term electronic commerce to be fairly narrow. Thus , many use the term e-business instead. E-business refers to broader definition of EC, not not just the buying and selling of goods and services, but also servicing customers , collaborating with business partners, conducting e-learning, and conducting electronic transaction within an organisation. Others view e-business as the “other than buying and selling ” activities om the Internet, such as collaboration and intrabusiness activities.
source of Article: Information Technology for Managment 6th edition
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