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In: Operations Management

Q2 .what is relationship between E-BUSINESS ,E-COMMERCE AND DIGITAL BUSINESS ?

Q2 .what is relationship between E-BUSINESS ,E-COMMERCE AND DIGITAL BUSINESS ?

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Expert Solution

E-commerce is only purchasing and selling of products around the web. Despite what might be expected, Digital Business is a little different as it isn't limited to, commercial exchanges, yet it additionally provides other services. These are the two emerging modes of working together, which are picking up importance with the passage of time.

E-commerce is an abbreviation used for electronic commerce. It is the process through which the purchasing, selling, dealing, ordering and paying for the products and enterprises are done over the internet is known as e-commerce. In this type of online commercial exchange, the seller can communicate with the buyer without having a face to face interaction.

Some examples of real world use of E-commerce are online banking, online shopping, online ticket booking, person to person communication, etc :

Electronic Business, without further ado known as e-business, is the online presence of business. It can likewise be defined as the business which is done with the help of internet or electronic information interchange i.e. is known as E-business. E-commerce is one of the significant components of e-business, yet it's anything but an essential part.

E-business isn't confined to purchasing and selling of products just, yet it includes other activities that additionally structure some portion of business like offering types of assistance to the customers, speaking with employees, client or business partners can contact the organization in case on the off chance that they need to have a word with the organization, or they have any issue regarding the services, etc. All the essential business operations are done utilizing electronic media.

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