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In the business world, commerce is used in describing transactions conducted between business partners. Electronic commerce provides the capability of buying and selling products and information on the Internet and other online services. When commerce or rather e-commerce are defined as such, many people find that the use of these terms as being somewhat narrow in definition and therefore the term e-business is used. E-business is a broader definition of e-commerce in that it is not just the buying and selling of goods and services, but also servicing customers, collaborating with business partners, and conducting electronic transactions within an organization.
Approximate Word count = 374
Approximate Pages = 1.5
(250 words per page double spaced)
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