E-Commerce and E-Business
Subject: Accounting | Topics:

E-commerce refers to online transactions – buying and selling of goods and/or services over the Internet and E-business refers to covers online transactions, but also extends to all Internet based interactions with business partners, suppliers and customers such as: selling direct to consumers, manufacturers and suppliers; monitoring and exchanging information; auctioning surplus inventory; and collaborative product design. These online interactions are aimed at improving or transforming business processes and efficiency.

 

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