Asked by Mckenna Grimm on May 17, 2024
Verified
E-commerce is a broader concept than e-business.
E-commerce
The exchange of goods and services through the internet.
E-business
The conduct of business processes on the internet, including buying and selling goods, servicing customers, and collaborating with partners.
Broader Concept
A general or wide-ranging idea or notion that encompasses numerous specific examples or instances.
- Understand the mechanics and importance of e-commerce within the modern economic landscape.
Verified Answer
AH
Andrea HernandezMay 23, 2024
Final Answer :
False
Explanation :
E-business encompasses a broader range of business processes, including e-commerce. E-commerce specifically refers to the buying and selling of goods and services online, while e-business includes e-commerce as well as other internal and external business processes conducted over the internet, such as supply chain management, customer relationship management, and electronic data interchange.
Learning Objectives
- Understand the mechanics and importance of e-commerce within the modern economic landscape.