Business administration |
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Management of a business |
Electronic business (also known as online business or e-business) is any kind of business or commercial activity that includes sharing information across the internet.[1] Commerce constitutes the exchange of products and services between businesses, groups, and individuals;[2] and can be seen as one of the essential activities of any business.[3]
E-commerce focuses on the use of ICT to enable the external activities and relationships of the business with individuals, groups, and other organizations, while e-business does not only deal with online commercial operations of enterprises, but also deals with their other organizational matters such as human resource management and production.[4] The term "e-business" was coined by IBM's marketing and Internet team in 1996.[5][6]
business [:] 2 The practice of making one's living by engaging in commerce.