Prepare a brief note on the scope of E-business
Answers
Answer:
Scope of e-business is very wide. It is summarized below:1. B2B Commerce: Business to Business—Both the parties are business firms e.g. Manufacturer of an automobile requires assembly of a large number of components which are being manufactured by different firms; Maruti Udyog Bajaj Auto etc. use B2B commerce.
Answer:
E-business or Online business means business transactions that take place online with the help of the internet. The term e-business came into existence in the year 1996. E-business is an abbreviation for electronic business. So the buyer and the seller don’t meet personally.
e-Business
In today’s world, we are exposed to various forms of e-Business. Since its emergence, it has grown by leaps and bounds. Some predict that it may very soon overtake brick and mortar stores completely. While that remains to be seen, we cannot ignore the immense role it plays in the current global economy.