What is the scope of ebusiness and what do you mean by ebusiness
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E-business (e'biz'Nis) -through the use of Internet technologies the transformation of key business processes “. E-commerce (electronic commerce or EC) is the buying and selling of goods and services on the Internet.
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E-business means doing business transactions digitally through computers mediated networks. During the Covid 19 outbreak, we saw a huge rise in the e-business domain.
- E-business gives the option to buy and sell goods through websites to various consumers.
- The scope of e-business is very high in the new future because technology can help to scale a business in a very short time.
- Various online marketplaces are already present that earn a lot.
- Amazon Flipkart and Myntra are the very common names of online marketplaces in India.
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