E-business

E-business, also referred to as electronic business, encompasses various business models that utilize the internet to offer products and services to customers. It encompasses a wide range of participants, including large corporations, governments, non-profit organizations, individual citizens, and other entities. While e-commerce is a well-known type of e-business, it’s important to note that e-business extends beyond e-commerce and covers a broader range of activities. E-commerce specifically involves the online buying and selling of products and services through electronic platforms, but it represents only a fraction of the overall value of goods, services, and information exchanged on the internet.