E-Business and E-Commerce for Managers - Essay Example

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The paper entitled 'E-Business and E-Commerce for Managers' focuses on E-Business which is a type of business that has an online presence. It involves the exchange of commodities and services between companies, individuals, or clients through the internet…
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E-Business and E-Commerce for Managers
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E-commerce specifically involves the process of buying, moving, or trading products, services through the internet. E-Business and e-commerce are related. E-business incorporates e-commerce in that e-commerce deal with money related issues of a business such as buying and selling of goods and services. However, the two differ in the sense that e-business central focus is on the functions that occur over the network while e-commerce focus is on the acquisition of extra revenue using the internet-based financial platforms. The two terms cannot be used interchangeably.
This is because e-business goes beyond financial matters while this is the central focus of e-commerce (Harvey & Paul, 2001).
B2B is a commerce transaction that involves business to business. B2C is a type of transaction that takes place between business and consumer and G2C is a transaction that involves a link between Government and private individual or resident. They differ in terms of volume of transactions involved and the level of the information n flow. B2B benefits from using the internet by increasing profitability. B2C benefit from internet because consumer are able to compare commodity prices easily and G2C use internet to reach the target group or individuals. Read More
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