Ebusiness legal definition of ebusiness legal dictionary. The internet economy is a broader concept than ecommerce and ebusiness. Thecrec centerfor researchin electronic commerce at the universityof texashas developed a conceptual framework for how the internet economy works. We use cookies to enhance your experience on our website, including to. Electronic commerce is a relatively new concept that crept into the business vocabulary during the 1970s. This is the british english definition of e commerce. Especially in the hospitality online business plays a significant role. Andam is an incoming 5th year senior law student of the university of the philippines. Ecommerce is the buying, selling, and ordering of goods and services using the internet. We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage. This definition explains the meaning of ecommerce, or electronic commerce, and. Online dictionaries give an interesting variety of definitions for the. Elisa is the president of an auto manufacturing company.
It is a digital publication that can be read on a computer, ereader, or other electronic device. B2c ecommerce first became common in the 1990s with the popularization of the internet. E commerce is the use of electronic communications and digital information processing technology in business transactions to create, transform, and redefine relationships for value creation between or among organizations, and between organizations and individuals. Business is work relating to the production, buying, and selling of goods or services. The two major forms of e commerce are business toconsumer b2c and business to business b2b. Dictionary of business and management oxford reference.
Ecommerce definition, business that is transacted by transferring data. Definition and synonyms of ecommerce from the online english dictionary from macmillan education. Definition of ebusiness noun in oxford advanced american dictionary. Electronic commerce e commerce is the marketing, buying and selling of merchandise or services over the internet.
The two major forms of ecommerce are businesstoconsumer b2c and businesstobusiness b2b. Most transactions require that the buyer adhere to a form contract where the buyer cannot so much as change a comma. An introduction to electronic commerce 2000 and smes and ecommerce in three philippine cities april 2003. Change your default dictionary to american english.
Ecommerce definition glossary for hotel revenue management. E commerce i about the tutorial e commerce or electronics commerce is a methodology of modern business, which addresses the requirements of business organizations. Ecommerce definition of ecommerce by merriamwebster. Type and tell is a service helping people fulfil their dream of publishing a book. An introduction to electronic commerce yaser ahangari nanehkaran.
Commerce is the exchange of goods and services, especially on a large scale. Ecommerce electroniccommerce refers to business over the internet. Businesstoconsumer b2c is the retail part of ecommerce on the internet. It focuses on the virtual and electronic marketplace in connection with online sales. Ecommerce is widely considered the buying and selling of products over the internet, but any transaction that is completed solely through electronic measures can be considered ecommerce. Business conducted through the use of computers, telephones, fax machines, barcode readers, credit cards, automated teller machines atm or other electronic appliances whether or not using the internet without the exchange of paperbased documents. Ecommerce is a form of direct selling marketing which enables a supplier to sell direct to the final customer without the need for traditional middlemen wholesalers and store retailers. As more of companies sales, marketing and other internal business processes are conducted digitally, electronic business processes such as customer relationship management crm, enterprise resource planning erp, and content management are. Ecommerce electronic commerce is the activity of electronically buying or selling of products on online services or over the internet. Ecommerce article about ecommerce by the free dictionary. C2b consumer to business in c2b ecommerce, consumers post a project with a set budget online, and companies bid on the project. E commerce sometimes called webbased commerce is the term used to describe the activity of doing business on the internet. For example, an online publisher may sell a book to a customer, ship it to himher, receive payment, and conduct the entire matter without ever meeting the customer.
Ecommerce definition of ecommerce by the free dictionary. It can be broadly defined as the process of buying or selling of goods or. Definition and synonyms of e commerce from the online english dictionary from macmillan education. An ebusiness is a business which uses the internet to sell goods or services, especially. Dec 31, 2012 e commerce terminology and definitions 1. Commerce definition of commerce by the free dictionary. It means basically any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact. Definition of e business noun in oxford advanced american dictionary. Edi, supply chain, and eprocurement terminology alec nevalainen on. Ecommerce i about the tutorial ecommerce or electronics commerce is a methodology of modern business, which addresses the requirements of business organizations. Ecommerce definition the tech terms computer dictionary. Business conducted through the use of computers, telephones, fax machines, barcode readers, credit cards, automated teller machines atm or other electronic appliances whether or not using the.
Ecommerce definition, business that is transacted by transferring data electronically, especially over the internet. Although in most cases e commerce and e business are synonymous, e commerce implies that goods can be purchased online, whereas e business might be used as an umbrella term for a total presence on the web that includes the shopping component see shopping cart. Traditional business firm that combines an internet frontend with its brick and mortar backends, such as warehouses and order fulfillment services. E commerce has become an integral part of daily life, and according to a report by the communications and information technology commission citc, saudi arabias business toconsumer e commerce spending was estimated at sr29. Ecommerce meaning in the cambridge english dictionary.
Glossary the ecommerce answers glossary offers access to an excellent resource that clearly defines the most common and useful terms in the world of ecommerce. Her company requires many different types of goods and services that it. Commerce generally affects the wellbeing and welfare of citizens and. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. The buying and selling of goods, especially on a large scale, as between cities or nations. Thecrec centerfor researchin electronic commerce at the universityof texashas developed a conceptual framework for.
Ecommerce only when used at the beginning of a sentence. Ebusiness definition of ebusiness by medical dictionary. Ecommerce tools include computer platforms, applications, solutions, servers and various software formats manufactured by ecommerce. This book provides the detailed overview of ecommerce. E commerce is defined as business that takes place electronically, generally over the internet.
Ecommerce definition in the cambridge english dictionary. While companies like cater mostly to consumers, other companies provide goods and services. The buying and selling of products and services by businesses and consumers through an electronic medium, without using any paper documents. Although in most cases ecommerce and ebusiness are synonymous, ecommerce implies that goods can be purchased online, whereas ebusiness might be used as an umbrella term for a total presence on the web that includes the shopping. For example, an online publisher may sell a book to a customer, ship it to himher, and receive payment, all without ever meeting the customer.
Her company requires many different types of goods and services that it procures from other companies. E commerce definition, business that is transacted by transferring data electronically, especially over the internet. Commerce that is transacted electronically, as over the internet. As well as being an online retailer, amazon allows for individuals and business to sell and display products for sale on line. Ecommerce sometimes called webbased commerce is the term used to describe the activity of doing business on the internet.
Topics covered include the impact of e business, the barriers to e business, the internet and its role in e business, applications development, telecomms and clientserver technologies used in e business, backoffice e business operations, content, privacy, security and electronic payment systems. Ebusiness definition and meaning collins english dictionary. Electronic commerce ecommerce is a type of business model, or segment of a larger business model, that enables a firm or individual to conduct business over an. Ecommerce is the use of electronic communications and digital information processing technology in business transactions to create, transform, and redefine relationships for value creation between or among organizations, and. Web sites such as, and ebay are all e commerce sites. Online shopping has grown in popularity over the years, mainly because people find it. E commerce article about e commerce by the free dictionary. An o2o model that is integrated with local business, where productsservices are ordered online and consumed locally. Ecommerce noun definition and synonyms macmillan dictionary. Electronic business is a broader term that encompasses other common terms such as e commerce and e tailing. Topics covered include the impact of ebusiness, the barriers to ebusiness, the internet and its role in ebusiness, applications development, telecomms and clientserver technologies used in ebusiness, backoffice ebusiness operations, content. E commerce terminology and definitions linkedin slideshare. Ecommerce definition and meaning collins english dictionary. Ecommerce became common in the 1990s with the popularization of the internet.
Free e business books download ebooks online textbooks. A picture of electronic commerce is emerging in which the internet will become the. This book provides examples, case studies, lessons learned, and best practices that will help planners and decision makers in addressing pertinent issues and crafting policies and strategies appropriate for the information economy. Introduction to electronic commerce, traditional commerce vs e commerce, e commerce models, network infrastructure for ecommerce, mobile commerce, security in ecommerce, threats and security, security tool in ecommerce, risk management approach in ecommerce. The trade and service relationship between the hotel and their guests and partners is mainly based on sales made via the hotels. It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade in the economic sense, commerce refers to the conduct of trade among economic agents. What is the meaning definition of ecommerce in the hospitality industry ecommerce is also known as electronic commerce or ec. Introduction to electronic commerce, traditional commerce vs e commerce, e commerce models, network infrastructure for ecommerce, mobile commerce, security in ecommerce, threats and security, security tool in ecommerce. Now the subject of european union legislation in the desire for a harmonized market and to ensure the free movement of information society services across the european community.
As more of companies sales, marketing and other internal business processes are conducted digitally, electronic business processes such as customer relationship management crm, enterprise resource planning erp, and content management are becoming increasingly important. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange edi, inventory management systems, and. E commerce definition is commerce conducted via the internet. It includes activities such as procurement, order entry.
Web sites such as, and ebay are all ecommerce sites. This is the british english definition of ecommerce. A transaction conducted over the internet between a business and a consumer. Gain a better understanding of both fundamental and complicated concepts as they relate to building a successful online store. It encompasses the entire scope of online product and service sales from start to finish. It includes business to business, business toconsumer, and even consumertoconsumer transactions that involve the buying and selling of goods and services, the transfer of funds, and even the exchange of ideas. Ecommerce in the travel industry brings a similar idea. Ecommerce definition is commerce conducted via the internet. The internet economy is a broader concept than e commerce and e business.
Oct 29, 2017 e commerce when used in the body of a sentence or paragraph. Ebusiness definition in the cambridge english dictionary. She has a bachelors degree in business economics, also from the university of the philippines. E commerce only when used at the beginning of a sentence. It refers to commercial transactions conducted electronically on internet. Electronic business is a broader term that encompasses other common terms such as ecommerce and etailing. It includes businesstobusiness, businesstoconsumer, and even consumertoconsumer transactions that involve the buying and selling of goods and services, the transfer of funds, and even the exchange of ideas. Business definition and meaning collins english dictionary. It can be broadly defined as the process of buying or selling of goods or services using an electronic medium such as the internet. Businesstoconsumer ecommerce financial definition of. E commerce electronic commerce refers to business over the internet.
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