Sunday, February 21, 2010

How E-Commerce differs from E-Business?

E-Business is the superset of E-Commerce.

View Link


http://www.readygo.com/eb_english/def02/01def02a.html

http://www.computerworld.com/s/article/53015/The_difference_between_e_business_and_e_commerce


Please read only the above mentioned links and give any real time example of both types of commerce plus your own comments with your name,roll no and session(M or E)(compulsory).

Thanks....

104 comments:

  1. Maira saghir
    F07b017(mor)
    ecommerce refer to the online transaction of money which usually include selling ans buying of products where as other activities like customer support ,marketing of products,customer education comes under e business.so ebiz is a broader term and e com comes under e biz.for example Apple sells its products on internet.If i visit the site and check all the products,this activity comes under e-business since no transaction occur.

    ReplyDelete
  2. E-commerce is a part of e-business. E-comm includes online selling of products e.g. Amazon.com.It is America's largest online retailer. E-biz involves all the business activities including e-com as well e.g PIA has also started e-biz through piac.com.pk. Through its website PIA not only sells tickets but also provide other business services such as flight schedules, information regardindg seat availability,reservation handling etc.

    Mina Butt
    F07b048-M

    ReplyDelete
  3. E-commerce covers the range of on-line business activities for products and services, both business-to-business and business-to-consumer, through the Internet. This course breaks eCommerce into:
    1)Online Shopping
    2)Online Purchasing

    Example of e-commerce transactions is:
    •An individual purchases a book on the Internet.

    E-business covers online transactions, but also extends to all Internet based interactions with business partners, suppliers and customers. infact, E-commerce is the transformation of key business processes through the use of Internet technologies

    for example, Amazon (www.amazon.com) and eBay (www.ebay.com) are the world’s two biggest e-businesses.

    MARYAM NAEEM
    F07B051 - M

    ReplyDelete
  4. E-commerce is the conduct of a financial transaction by electronic means using any of the application that rely on the Internet such as e-mail, instant messaging, shopping carts, web services. E-commerce covers a firm's interactions with its customers and suppliers over the internet e.g. Amazon.com is American retailer store doing online business of books selling.
    E-business cover online transactions but also extends to all internet based interactions with business partners, suppliers, and customers such as selling direct to consumers, manufacturers and suppliers, monitoring and exchanging information and product design. These online transactions are aimed at improving or transforming business processes and efficiency e.g. you visit a retailer's web site and buy a shirt. When the shirt arrives it is in the wrong size. You decide to return the shirt at the store's retail outlet instead of mailing it back to the vendor. In short, E-commerce is the part of E-business.
    Sidrah Shafiq
    F07b054-M

    ReplyDelete
  5. Filza Azhar
    F07b046-M

    E-commerce is a subset of e-business because e-commerce covers only external processes(i.e customers, suppliers, including sales, marketing, order taking e.t.c)
    whereas, e-business involves external as well as internal processes(i.e production, inventory management, product development e.t.c).
    In e-commerce all the activities are being held on the internet i.e all the purchase orders, transactions etc on the other hand e-business involves consumer involvment in the purchase process somehow.
    for example:
    shoeguru is e-commerce base business.If they make their own production houses and consumers are able to purchase from the stores it will be an e-business.

    ReplyDelete
  6. E business: already running business that has later beeen onlined.Has internet existence as well as physical(office) existence.eg habib bank(online bank transactions can be done and also has physical existebce ie offices/branches)
    E commerce: starting a wholly new business on the internet. Has only internet existence.eg An individual purchases a book on the Internet from or through Amazon
    Aliza Jafri
    f07bo47 (m)

    ReplyDelete
  7. This comment has been removed by the author.

    ReplyDelete
  8. E commerce refers to online transactions - buying and selling of goods and services over the Internet involving transaction of monetary nature.
    Electronic commerce or eCommerce are on-line business activities for products and services, be it business to business or business to consumer through the Internet.
    E Business refers to online transactions including interactions with business partners, customers and vendors. eBusiness interactions are aimed at improving business processes and efficiency. In the present time most organization realize the importance of Internet and transforming the businesses into an eBusiness one to maintain the competitive edge
    ecommerce is part of ebusiness. Amazon (www.amazon.com) and eBay (www.ebay.com) are the world’s two biggest e-businesses.
    Amna Zafar
    F07B055 (M)

    ReplyDelete
  9. Electronic commerce or "eCommerce" covers the range of on-line business activities for products and services, both business-to-business and business-to-consumer, through the Internet. eCommerce breaks into two components:
    1)Online Shopping
    2)Online Purchasing
    eBusiness is a super-set of eCommerce. One component of transitioning your company from a traditional business to an eBusiness is when you incorporate eCommerce into your company's flow. For example, when your sales and fulfillment organizations can handle web-based purchases equivalently to telephone and mail purchases, you have started the transition to eBusiness.

    ReplyDelete
  10. SADIA MUSHTAQ
    F07B049(MOR)

    Electronic commerce is a way of doing real-time business transactions via telecommunications networks, when the customer and the merchant are in different geographical places. Electronic commerce is a broad concept that includes sales of goods, purchase of goods, and payment methods. For example www.ebay.com ,where sales and purchase takes place.

    eBusiness (e-Business), derived from such terms as "e-mail" and "e-commerce," is the conduct of business on the Internet, not only buying and selling, but also servicing customers and collaborating with business partners. E-business involves new business models and the potential to gain new revenue or lose some existing revenue to new competitors. The sign of a good eBusiness is not just being able to sell books, but knowing how many books you've sold, and to whom, For example www.skype.com/intl/en/ . Another example is IBM, in 1997, was one of the first to use the term when it launched a campaign built around the term. Today, many corporations are rethinking their businesses in terms of the Internet and its capabilities.
    Finally we can say that eBusiness is a super-set of eCommerce.

    ReplyDelete
  11. Greetings:
    (well it wdn't take ur much tym..so,in short)
    E-com comprises of online transactions lyk v cn say(in Virtual or Intangible markets)....whyl E-bizns oprates bizns in localy area markets(tangible markets) as well as do bizns online...v cn say E-bizns is super set/(parent title) of E-com.....
    e.g As Levis doing bizns online(http://us.levi.com/home/index.jsp) as well as in local markets (Levi's® Store Meridian Center 1512 6th Avenue Seattle,WA 98101).Levi's doing bizns globly in diff markts also selling online.
    *(correct me if m wrong somwhr)
    Regards
    Waqar Butt (F07B132)-E

    ReplyDelete
  12. E-commerce is the process of digitally enabled commercial transactions between organizations and individuals that involve new business models and the potentials to gain new revenue or lose some existing revenue to new competitors and covers outward facing processes of a business.
    E commerce sites have only internet based virtual existence and have no concept of branch system. Simply, when you start your new business through internet then it is called E-commerce.
    E-business is the process of digitally enablement of transactions and processes within a firm involving information systems under the control of the firm. E-business strategy is more complex, more focused on internal processes, and aimed at cost savings and improvements in efficiency, productivity and cost savings. When you digitalize your already well established business then it falls under the category of E- business and its sites have both existences, internet and the physical.
    Example for e commerce is EBAY and for e business is PTCL.

    Shaheryar Gogi
    f07b004(M)

    ReplyDelete
  13. E-commerce is doing business online through digital transactions between the buyer and seller.Examples include Amazon.com,Disney,WorldSpy and Ebay.

    E-business is having an existing traditional business along with an on-line interaction between the buyer and the seller for instance
    http://wallmart.com/ and mobilezone.com.pk.
    E-commerce is a part of E-business.
    (Hashim F07b005)

    ReplyDelete
  14. A virtually existing company on internet, doing digital transactions, involved in external processes related to customers, suppliers or external partners is doing e-commerce e:g naukrigulf.com, amazon.com while a physically existing company that expands its business on and introduces itself on internet and is involved in all functions of e-commerce as well as internal processes ( like production, inventory management, product development, risk management, finance, knowledge management and human resources) is doing e-business. E:g habib bank, state-life insurance company etc. (f07b016 Hussain Imran)

    ReplyDelete
  15. Samra Hani
    F07b033- M
    E-business is defined as to put the already existing business online.So, e-business is a broader category which may involves physical interaction with customer for purchase,sale of the product.
    e.g Macys(www.macys.com)
    It has very large stores where consimers can buy the product,Also, they are providing the facility to purchase the product online.
    E-commerce on the other hand involves purily internet base business i.e business started from scratch on the internet.
    E.g nikahpoint
    they started business online.\ and are doing it quite successfully.

    ReplyDelete
  16. This comment has been removed by the author.

    ReplyDelete
  17. Electronic business transactions involving money are "eCommerce" activities.It covers the range of on-line business activities for products and services, both business-to-business and business-to-consumer, through the Internet.
    Ebusiness goes far beyond ecommerce or buying and selling over the Internet, and deep into the processes and cultures of an enterprise. It is the powerful business environment that is created when you connect critical business systems directly to customers, employees, vendors, and business partners, using Intranets, Extranets, ecommerce technologies, collaborative applications, and the Web.

    YASIR MEHMOOD F07B009

    ReplyDelete
  18. E-commerce is one aspect of e-business.E-commerce is a business that exists electronically only.So, buying n selling of products or services take place via internet making every transaction using digital technology.e.g."Liberty Books"(www.libertybooks.com) thats a complete e-book store.
    While e-business is a broader term. Its an already running business and has later been onlined also.It has online existence as well as physical(office) existence.It may also involve digital enablement of transaction n processes with in the firm,involving information system under the control of that firm.e.g.MCB;its Virtual Internet Banking offers a wide range of online services which makes banking accessible anytime and from anywhere.On the other hand,transactions can be made physically from any of its branches also. (www.mcb.com.pk/virtual_banking/)

    Zahra Razi
    F07B010-M

    ReplyDelete
  19. Electronic business methods enable companies to link their internal and external data processing systems more efficiently and flexibly, to work more closely with suppliers and partners, and to better satisfy the needs and expectations of their customers. E-business is about handling the functionality of the organization using electronic capabilities. It doesn’t rely on Internet only but it can be conducted using the Web, the Internet, intranets, extra-nets, or some combination of these. Dell is an example of E-business where the suppliers and customers both can interact through a network and can find out the needs of the customers easily.
    E-Commerce is just the part of E-business. E-Commerce is about selling and buying of products or services through Internet or World Wide Web technology. It is the subset of E-Business. It is used to increase the sales of the organization and to provide the customers with the facility of buying products or services online. Amazon.com is an example of E-Commerce.

    ReplyDelete
  20. E-Commerce is the buying and selling of goods and services on the Internet.
    e.g. Newegg.com

    E-Business refers to not only buying and selling but also servicing customers and collaborating with business partners.
    e.g. Apple

    Arslan Javed
    F07B052-M

    ReplyDelete
  21. E-commerce is digitally enabled commercial transactions between and among organizations and individuals or those activities which essentially involve monetary transactions are termed as "e-commerce". On the other hand, e-business can be described as the digital enablement of transactions and process within a firm, involving information systems under the control of the firm. Moreover, e-business applications turn into e-commerce precisely when an exchange of value occurs.
    However, E-commerce has also been defined as a process covering outward processes that touch customers, suppliers and external partners while e-business covers internal processes such as production, inventory management, product development, risk management, finance etc.
    e.g.of e-commerce is"homeshopping"(http://homeshopping.pk/)is one of the largest online retailers of Pakistan.
    while in case of e-business we have Saudi Airlines(www.saudiairlines.biz/booking-online/ ).thus it has both type of reservation facilities available for the customers.

    Madiha Javaid
    F07B036-M

    ReplyDelete
  22. E-business is a term used to describe businesses run on the Internet, or utilizing Internet technologies to improve the productivity or profitability of a business. In a more general sense, the term may be used to describe any form of electronic business that is to say, any business which utilizes a computer. It uses the electronic technologies like intranets, extranets and World Wide Web. Telenor is an example of E-Business where all the branches of the company are connected with each other through network. Money Transactions can also be done using the electronic technology.
    E commerce refers to online transactions - buying and selling of goods and services over the Internet involving transaction of monetary nature. In E-Commerce business is done by using the Internet or www technology. Electronic commerce is generally considered to be the sales aspect of e-business. It’s just a part of E-Business. Amazon.com and brandneusense.com are the examples of E-commerce. Through these sites online shopping can be done.

    Hammad Aleem
    F07B057

    ReplyDelete
  23. Gul Afshan Iftikhar
    F07B030 (M)

    E-Commerce site is totally virtual and it has only internet recognition and it doesn’t have any branches. For e-commerce, it is not compulsory that you have to own a company of yours. All the payment methods must be digital in digital transactions e.g., no shops are available. Transactions are either being converted or indirectly being sent in it. it is e-commerce when the idea is proposed on the internet, and doesn’t possess any manual functionality/ existence before. EXAMPLE:
    a programmer design games, as in zynga games on face book the CPC and the PPC is taken into account and earn profit through it.
    WHERE AS
    E-Business can have both internet as well as manual existence. as in if you have a flourished business and you put it online following the universal standards for it, it is e- business and NOT e-commerce. E-business has a large scope and e-comm is just a part of it. Transactions are being done within the firm and value exchange is not required in it. shops are available for it. EXAMPLE:
    a garments manufacturing industry, previously having shops and interacting with the local distributors and then putting its business online as well for increased sales volume and hitting masses.
    Lastly, E-business and E-commerce difference is must so that there must be some kind of distinction between both on the internet; the experienced and the new comer.

    ReplyDelete
  24. Electronic commerce or eCommerce are on-line business activities for products and services, be it business to business or business to consumer through the Internet. It only entails your company and the ultimate buyer (your customer). Not much else is done in a typical e-commerce transaction. You are simply using the Web and its resources to effectively conduct and execute a business transaction. E-Commerce is the subset of E-Business.
    E-Business is the transformation of key business processes through the use of Internet technologies".It refers to online transactions including interactions with business partners, customers and vendors. eBusiness interactions are aimed at improving business processes and efficiency. In the present time most organization realize the importance of Internet and transforming the businesses into an eBusiness one to maintain the competitive edge.

    Example of E-commerce is ebay and Amazon. Ptcl and telenor is an example of E-business

    Sidra hameed F07B001

    ReplyDelete
  25. Hafiza Anila Rabail F07B015
    Electronic commerce or e-commerce refers to a wide range of online business activities for products and services. It also pertains to any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact.
    E-commerce is usually associated with buying and selling over the Internet, or conducting any transaction involving the transfer of ownership or rights to use goods or services through a computer-mediated network. E-Commerce is the subset of E-Business.
    Electronic business, commonly referred to as "eBusiness" or "e-business", may be defined as the utilization of information and communication technologies (ICT) in support of all the activities of business. Electronic business methods enable companies to link their internal and external data processing systems more efficiently and flexibly, to work more closely with suppliers and partners, and to better satisfy the needs and expectations of their customers.
    In practice, e-business is more than just e-commerce. While e-business refers to more strategic focus with an emphasis on the functions that occur using electronic capabilities, e-commerce is a subset of an overall e-business strategy.
    Example of E-commerce is ebay. Ptcl is an example of E-business

    ReplyDelete
  26. Practice of digitally enabled commercial transactions between organizations and individuals is called E-Commerce. This involves the establishment of a completely new electronic business that has no physical existence and this feature differentiates it from E-Business. Examples for this are Amazon.com and EBay.
    Process of digital enablement of transactions and processes within a firm involving information systems under the control of the firm is called E-Business. There would be no exaggeration in saying that E-Business is the superset of E-Commerce which means that it not only contains E-Commerce that deals with the outward business processes, but also includes the internal business processes like production, inventory management and product development etc. Also digitalization of an already physically existing business falls under this category. Example of E-Business is online banking of Bank of America.
    Faizan Haider F07b014(M)

    ReplyDelete
  27. E-commerce refers to buying and selling products or services to either consumers or other businesses using the Internet while E-business refers to the transformation of key business processes through the use of Internet technologies. These processes include research and development, marketing, manufacturing and inbound and outbound logistics. It means e-business refers to those businesses that run the traditional way but also cater to the needs of online requests. E-commerce website only caters to selling of a commodity.
    E-commerce is just a subset of E -business. To sell online is e-commerce but to bring and retain customers and educate them online about the product or service is e-business.e.g. If you are successfully selling something online, that is considered as an e-commerce activity However, brining customers to your website by efficiently marketing your product and maintaining the standard of your website is an e-business activity. Moreover, educating your customers about the website and about the products or services is also an e-business activity.
    example for e-com is AMAZON.com while for e-biz is habib bank.
    MADIHA F07B023 (M)

    ReplyDelete
  28. E -business and e-commerce are terms that are sometimes used interchangeably, and sometimes they're used to differentiate one vendor's product from another. But the terms are different, and that difference matters to today's companies.
    E-commerce refers to digitally enabled commercial transactions between organizations and individuals.
    It includes sales, marketing, order taking, delivery, customer service, purchasing of raw materials and supplies for production and procurement of indirect operating-expense items, such as office supplies.
    Like alibaba.com is an E-commerce based site.

    Whereas e-business
    is digitally enablement of transactions and processes within a firm, involving information systems under the control of the firm.
    It includes local and on-line business. It is a superset of e commerce.
    It also covers internal processes such as production, inventory management, product development, risk management, finance, knowledge management and human resources.
    Like if a Doctor is doing his business locally and also creates an e-commerce based site by providing his services to individuals on internet, than he is doing E-business. And also PIA is a good example with this regard, it sells its tickets online and also sells it locally.
    Maira Akram
    F07B109(EVENING)

    ReplyDelete
  29. Sehrish Naeem
    F07b032(MOR)

    E business is super set of e commerce. E business is putting the already existing business online .
    it is One component of transitioning your company from a traditional business to an eBusiness is when you incorporate eCommerce into your company's flow.
    Example: National Bank of Pakistan (NBP)
    Shabbir Tiles
    Jang Group of Newspapers
    E-commerce is one specific aspect of an e-business focused on either buying or selling products or services over the Internet.for doing e commerce there is not need to have existing business.there is just a virtual company doing business on internet.
    Example: www.Amazon.com
    www.giftshift.com
    www.pakistangifthouse.com

    ReplyDelete
  30. This comment has been removed by the author.

    ReplyDelete
  31. E-commerce is emerging as an increasingly important way for businesses to reach potential customers. E-commerce is the use of Internet and the web to transact businesses digitally.
    E-commerce is when you start a business from scratch and having only web existence. Examples are Amazon.com and abebooks.com.
    E-Business goes far beyond e-commerce or buying and selling over the Internet. It is the powerful business environment that is created when you connect critical business systems directly to customers, employees, and business partners, using Intranets, Extranets, collaborative applications, and the Web. It can also be said that E-commerce is a subset of E-business, because e-business has web as well as physical existence. Examples are sentimentsexpress.com and (Allied bank) ABl.com.
    Tayyaba sadiq
    Fo7Bo22(M)

    ReplyDelete
  32. Tayyub Iqbal
    f07b142 -evening
    Tayyub said:
    Electronic commerce is the simple practice of doing the business digitally. What we used to do in the physical world with a hell of barriers and complexities and limitation and lot more is done simply over the electronic devices like the internet. The scope of ecommerce is very broad and it has multiple aspects. Most of the times ,it involves the exchange of the virtual items but involves the exchange and movement of physical products now equally.E commerce covers the multiple aspects of the daily business operations that we do physically.E commerce is just doing the job of innovating the traditional trade practices .It involves selling and buying of goods over the digital network of internet. All the transactions that are carried out are digital .E commerce can be between two businesses or between the end consumer and a business.
    E business is the practice of doing the business in a traditional manner with a blend of technology. It means that a company is already operating in the marketing with substantial share in overall market and now plans to move to the digital world of internet either to expand globally or to overcome the shortages in the local market. E business is basically carrying out all the functions specific of any business like supply chain management , order processing, customer relationship management and others electronically.
    E commerce examples:
    http://syntaxclothes.com/
    http://www.teetonic.com/
    http://www.uo.com.au/
    E business examples:
    Sportal.com
    boxman.com
    mondus.com
    netdoktor.com
    allied bank of pakistan
    army welfare trust
    murree brewery limited

    ReplyDelete
  33. Neelam,
    E-Business is the integration of a company's activities including products, procedures, and services with the Internet. A business can enter into an E-Business when it integrates its sales, marketing, accounting, manufacturing, and operations with its web site activities. E-business has both physical and virtual existence. And in both forms business is active. An E-Business uses the Internet as fully integrated channel for all business activities. E-Businesses do not consider the web site as a separate activity from their core businesses: The web site is integral to all activities at an E-Business. E-business can be conducted using the Web, the Internet, intranets, extranets, or some combination of these.
    EXAMPLE: Nokia mobile, UBL

    E-commerce means electronic business. Business has only virtual existence. All the task of business performs online.
    Electronic commerce, commonly known as (electronic marketing) e-commerce or eCommerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks
    EXAMPLE: ebay.com
    Neelam Naheed (f07b028-morning)

    ReplyDelete
  34. Areeha malik
    f07b027 MOR
    Ecommerce is narrower than E.business. It is a subset of E.business. Whereas E.business is very broader, it refers to using of the internet technologies to conduct business which in return provides the great impact in the overall business process.
    Ecommerce refers to the using of internet for Online Shopping i.e. to buy a product or service. For Example: Ecommerce occurs when a customer orders a ticket or book or gifts or any tangible or intangible product through internet. It occurs when an organization or individual pay money to another organization or individual via internet.
    The term E.business is covers all the areas of business. E.business occurs when a company or individual communicate with their clients or customers or suppliers through email. Marketing done through Internet, Sell Products or Services through internet, Use internet to conduct market research, use internet to hire people, use internet for product or service promotion etc.

    ReplyDelete
  35. saima batool
    f07b113
    evening
    E-commerce means to buy and sell online. It digitally enable trasactions between organizations and individuals.It covers outward-facing processes that touch customers, suppliers and external partners, including sales, marketing, order taking, delivery, customer service, purchasing of raw materials and supplies for production and procurement of indirect operating-expense items.e.g Amazon.com,ebay.com
    E-business is the superset of ecommerce.It includes e-commerce but also covers internal processes such as production, inventory management, product development, risk management, finance, knowledge management and human resources. E-business strategy is more complex, more focused on internal processes, and aimed at cost savings and improvements in efficiency, productivity and cost savings.
    e.g habib bank,allied bank

    ReplyDelete
  36. AQSA ARSHAD F07B026-M
    ECommerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks.
    E-business includes e-commerce but also covers internal processes such as production, inventory management, product development, risk management, finance, knowledge management and human resources.

    ReplyDelete
  37. This comment has been removed by the author.

    ReplyDelete
  38. This comment has been removed by the author.

    ReplyDelete
  39. AMINA IFTIKHAR
    FO7BO38(MORNING)

    Ecommerce is a way of doing business via digital transactions including buying and selling using the internet. People immediately think of consumer retail purchases from companies.
    For example www. Amazon.com

    Ebusiness is the transformation of key business processes through the use of Internet technologies. It is introducing an already florished business on internet. In Ebusiness not only buying and selling takes place but also servicing the customer takes place.
    For example: Telenor Insurance and HBL

    ReplyDelete
  40. sidra zahid f07b008
    E commerce is buying and selling of goods and services purely on web.eg amazon
    e business is the concuct of business on the internet.eg Bank alfalah
    E business is a company that exists on the Internet and the marketplace of such businesses collectively is the main difference between ecommece and ebusiness.

    ReplyDelete
  41. This comment has been removed by the author.

    ReplyDelete
  42. E-Commerce is the subset of E-Business. If you remember the Venn diagram you studied in school then you can very well understand what I am trying to convey. The later one is a very broad concept while the former one is just a small part of it. This relationship will be cleared in the subsequent example.
    When Dell sell computers, laptops, monitors, printers, accessories etc online then it is not engaged in e-commerce but e-business. Let me tell you how. When a visitor comes on the website, the first thing he see is website design and navigation as well as those things which are going to help him find what he is looking for and if he directly lands on the page he was looking for, he looks for the information related to it. The information provided should be appealing and clear maximum doubts of the visitor so as to convert him in a client. Till now no money has been exchanged nor been talked about. So, was this e-commerce? No, it is e-business which guides the visitor.
    In all, e-commerce can be described as the use of the Internet and the web to transact business. More formally, digitally enabled commercial transactions between and among organizations and individuals. On the other hand, e-business can be described as the digital enablement of transactions and process within a firm, involving information systems under the control of the firm. Moreover, e-business applications turn into e-commerce precisely when an exchange of value occurs.

    HINA SHAHZADI(F07B029)

    ReplyDelete
  43. Those activities which essentially involve monetary transactions are termed as "e-commerce". However, e-business is a much broader term.
    Ebusiness goes far beyond ecommerce or buying and selling over the Internet, and deep into the processes and cultures of an enterprise. It is the powerful business environment that is created when you connect critical business systems directly to customers, employees, vendors, and business partners, using Intranets, Extranets, ecommerce technologies, collaborative applications, and the Web. Dell Computer gets a lot of attention as a pioneering ebusiness today and is the best example of this form of business.
    sumaira tahir(f07b045)morning

    ReplyDelete
  44. Sana Shabbir
    F07b020(M)
    E- commerce consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. A large percentage of electronic commerce is conducted entirely electronically for virtual items such as access to premium content on a website, but most electronic commerce involves the transportation of physical items in some way.
    Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of the business transactions.

    E business is the utilization of information and communication technologies (ICT) in support of all the activities of business. e-business is more than just e-commerce. E-commerce is a part of e-business.
    EXAMPLE: NIKE and GUCCI are examples of e-business.
    While E-BAY is an example of e-commerce.

    ReplyDelete
  45. This comment has been removed by the author.

    ReplyDelete
  46. fahad maqsood
    (F07B150)evening

    All e-commerce is part of e-business. Not all e-business is e-commerce.
    If there is a direct financial transaction involved with the electronic process using Internet technologies it is e-commerce.
    If there is a non-financial transaction with an electronic process using Internet technologies it is e-business.
    Any transaction with an electronic process using Internet technologies is e-business. Therefore all e-commerce is e-business but not all e-business is e-commerce.

    ReplyDelete
  47. Rizwana Masood Malik
    F07b024(M)

    Ebusiness is a braoder term and ecommerce is the part of ebusiness. An ecommerce company is the company that started business on internet and has only virtual existence while ebusiness companies have both physical and virtual existence. Ebusiness is just making already flourihed businesses online.
    Value exchange is allowed in ecommerce but not in ebusiness.
    The example of an ebusiness company is MCB BANK http://www.mcb.com.pk/
    or JANG NEWSPAPER http://www.jang.com.pk/
    The example of an ecommerce company is http://www.beliscity.com/
    This company provides shopping of electronic devices, toys, gifts and jewellery etc.

    ReplyDelete
  48. E-commerce covers outward-facing processes that touch customers, suppliers and external partners, including sales, marketing, order taking, delivery, customer service, purchasing of raw materials and supplies for production. It involves new business models and is easy to implement. E-business includes e-commerce but also covers internal processes such as production, inventory management, product development, risk management, finance, knowledge management and human resources. E-business strategy is more complex, more focused on internal processes. marksandspencer.com is an example of e business and that of ecommerce is amazon.com.

    UZMA FAIZ F07B031 (M)

    ReplyDelete
  49. Electronic commerce, commonly known as eCommerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks.

    Electronic business, commonly referred to as "eBusiness".Electronic business methods enable companies to link their internal and external data processing systems.So that they can contact with their internal environment, effectively and effectively.

    Ecommerce is part of Ebusiness.In ecommerce transcation are done on internet through websites and websites use different payment methods like paypal, credit cards.

    Ecommerce involve contacting with customers
    ( online shop, Marketing purpose )
    In Ecommerce there is no physical involvement of consumers e.g. if you want to buy dvd online , you go to www.cduniverse.com, add your desired dvd into cart and then select any payment method which is fesaible to you like paypal,visa, master card,bill me later etc.

    In Ebusiness company have both virtuall and physical involvement.In ebusiness company interact with its departments and outside parties For example a company doing bussiness in exporting jeans.Now they make website and go online to increase their sales and to attract customers, around the globe.

    E-business software solutions allow the integration of intra and inter firm business processes.Ebusiness helps company in electronic purchasing and supply chain management, processing orders electronically, handling customer service.

    Ghazanfar Latif f07b137

    ReplyDelete
  50. E-Commerce is a subset of E-Business.E-commerce covers outward-facing processes that touch customers, suppliers and external partners.E-business includes e-commerce but also covers internal processes such as production, inventory management, product development, risk management, finance, knowledge management and human resources.

    Example of e-commerce
    amazon
    alibaba
    Example of e-business
    National bank
    Mobilink

    ReplyDelete
  51. when a company interects with customers means selling a product it is called Ecommerce, on the other hand Ebusiness is Super Set of Ecommerce so its main focus is on business internal processes or its interection is with Suppliers , Excuetives etc.

    Haris Saeed
    F07b133 (E)

    ReplyDelete
  52. Muhammad Salman Saeed F07B128

    ECommerce consists of the buying and selling of products or services over electronic systems such as the Internet and other computer network whereas Ebusiness methods enable companies to link their internal and external data processing systems.So that they can contact with their internal environment, effectively and efficiently.
    Ecommerce is a subset of Ebusiness.In ecommerce transcation are done on internet through websites and websites use different payment methods like paypal, credit cards, Debit cards etc.
    Ebusiness company have both virtuall and physical involvement. Ebusiness company interact with its departments and other departments. For example a company doing bussiness in exporting jeans.Now they make website and go online to increase their sales and to attract customers, around the globe.Ebusiness helps company in electronic purchasing and supply chain management, processing orders electronically, handling customer service. For example a company exports rice and through Ebusiness company can make thier business online to inhance thier costumers through out the globe.

    ReplyDelete
  53. MUHAMMAD ADEEL F07B118 (E)
    E-business includes e-commerce.
    Electronic commerce (e-commerce) is often thought simply to refer to buying and selling using the Internet but one thing included in the e-commerce is that transaction should be done on website.
    But in e-business there is already a establish business and they start business using web.
    So e-business is a superset of e-commerce.
    The companies doing e-business are above e-commerce.
    e-business also involve transactions within the boundaries.
    example e-buisness is www.ferozsons.com
    example of e-commerce is ebay.com

    ReplyDelete
  54. E-commerce is a part of E-business.
    In E-commerce all the business transections are done online via website. e.g www.amazon.com , you go to website and add products into your buying basket and then adopt any payment method i.e paypal, visa, master card etc.
    In Ecommerce there is no any physical interaction of customer.

    E.business occurs when a company or individual communicate with their clients or customers or suppliers through internet.E business is already a running business that has later been onlined.It has internet existence as well as physical existence.

    ReplyDelete
  55. This comment has been removed by the author.

    ReplyDelete
  56. This comment has been removed by the author.

    ReplyDelete
  57. Maria Iqbal F07b110 (Evening)
    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.Examples of e-commerce transactions are:
    • An individual purchases a book on the Internet.
    • A government employee reserves a hotel room over the Internet.
    • An individual withdraws funds from an automatic teller machine (ATM)
    Amazon.com
    Advertised to be the largest bookstore in the World. This Web site has access to 2.5 million book titles. Very nice search tools [ by title, author, topic, ISBN, etc. ] and several very interesting features re: Books of the Day.
    Pizza Hut This is the VERY FIRST Electronic Commerce site on the Internet! You can order Pizza from Santa Cruz Operation. You can select your pizza type, etc. You even have to hold down your mouse to get multiple toppings.
    e-Business covers online transactions, but also extends to all Internet based interactions with business partners, suppliers and customers such as: selling direct to consumers, manufacturers and suppliers; monitoring and exchanging information; auctioning surplus inventory; and collaborative product design. These online interactions are aimed at improving or transforming business processes and efficiency.
    iDecisionMaker is a magazine and Web site devoted to e-business.

    ReplyDelete
  58. M.Abdullah
    f07b135

    1)E-commerce:“ Digitally enabled commercial tranctions between organizations and individuals.”
    1) E-Business: “Digital enablement of transactions and processes within an firm, involving information system under the control of firm.”
    2)E-commerce is a part of(subset of) e-business.
    2) E-Business is superset of e-commerce.
    3) E-commerce: Currency exchange is allowed.
    3) E-Business: Currency exchange is not allowed.
    4) E-commerce: Commercial transactions involve exchange of values across organizational boundries in return of product and services (i.e.Transactions do not take place within the firm but outside the firm).
    4) E-Business: Does not involve commercial transactions across organizational boundries where value is exchanged (i.e.Transactions take place within the branches of the firm).
    5) E-commerce: Does not have physical existance just have online existance.
    5) E-Business:Traditional local business as well as online business.

    ReplyDelete
  59. E Commerce (electronic commerce) is the buying and selling of goods and services on the Internet, especially the World Wide Web.E-commerce covers outward-facing processes that touch customers, suppliers and external partners, including sales, marketing, order taking, delivery, customer service, purchasing of raw materials and supplies for production and procurement of indirect operating-expense items, such as office supplies. It may be conducted B2B (business to business) or B2C (business to consumer).
    For example:
    ASP.NET Shopping Cart Software
    AdVantShop .NET
    E Business (electronic business) is, in its simplest form, the conduct of business on the Internet. It is a more generic term than e Commerce because it refers to not only buying and selling but also servicing customers and collaborating with business partners.E-business covers internal processes such as production, inventory management, product development, risk management, finance, knowledge management and human resources.
    For example:
    Trade Scout | Global Business Online Corporation
    Nimra iffat f07b147

    ReplyDelete
  60. Hafiz Kasib (F07B114)E
    E-Commerce is a subset of E-Business.E-commerce covers outward-facing processes that touch customers, suppliers and external partners.E-business includes e-commerce but also covers internal processes such as production, inventory management, product development, risk management, finance, knowledge management and human resources.

    ReplyDelete
  61. Muneeb Imran(f07b148) Says:
    Practice of digitally enabled commercial transactions between organizations and individuals is called E-Commerce. This involves the establishment of a completely new electronic business that has no physical existence and this feature differentiates it from E-Business. Examples for this are Amazon.com and EBay.
    E-Business: Does not involve commercial transactions across organizational boundries where value is exchanged (i.e.Transactions take place within the branches of the firm).

    ReplyDelete
  62. E-Commerce:
    All the products that one can buy on the internet and also pay in terms of some cerdit card etc. and also by using electronic paying methods on the websites are said to fall in E-commerce catogery.

    E-Business:
    E-business is a broader term of E-commerce, i.e E-commerce is the subset of E-business.

    DIFFERNCE:
    If any company is doing business on the internet and fullfils all the requirements mentioned above in the E-commerce section and apart from that it is also doing transactions within the company, then that particular company falls in the catogery of E-business.

    ABDUL REHMAN
    F07b126 (E)

    ReplyDelete
  63. Umair Shahid F07b122 (EVENING)-
    E -Commerce refer to simply buying and selling any kind of goods and services using the Internet but one thing compulsary in the e-commerce is that transaction should be done online.
    Where as in case of e-business there is already an established business and they start there business using an online sell and purchase website i.e E-Commerce actually.Here we can say that E-Commerce is a subset of E-Business.
    For example a company doing bussiness in exporting footballs..Now they make their website and go online to increase their sales and to attract customers, around the world.

    ReplyDelete
  64. E commerce is online sale and purchase of goods and services , it is simpler than e business. E commerce is a system of digital transactions between different organizations, organizations and consumers and between consumers and consumers. E.g. Ebay is an e-commerce website which links different consumersand businesses, to consmuers and businesses. E-commerce is a subset of E Business
    E Business is to automate a running business which involves digital transactions between different organizations, within the organizations,between organizations and consumers and between consumers and consumers. E business includes E Commerce as well as it covers organizations internal processes such as product development, risk management, and online sharing of human resources and knowledge. E coomerce provides more profit for businesses but also it is difficult to implement and is more vulnerable to failure risks.
    Example of E Business is Emarkia, it is a business for e-solutions, it involves services like Domain Naming and Branding, e corporate website suite,web hosting and social media marketing
    http://www.emarkia.com/
    Tayyaba Munir
    F07B129

    ReplyDelete
  65. E-business includes e-commerce.
    Electronic commerce (e-commerce) is often thought simply to refer to buying and selling using the Internet but one thing included in the e-commerce is that transaction should be done on website.
    E-Commerce is a subset of E-Business.E-commerce covers outward-facing processes that touch customers, suppliers and external partners.In Ecommerce there is no physical involvement of consumers.Examples for this are Amazon.com and EBay.
    But in e-business there is already a establish business and they start business using web.
    So e-business is a superset of e-commerce.In e-business we contact with internal environment effectively.
    Imran Ali
    f07b138

    ReplyDelete
  66. zareen fatima,f07b112 (evening)
    E-commerece means bussiness on internet ,any site that generates revenue on net and payment is done digitally .It deals with the companies external partners like customers suppliers and other parties providing services e.g
    selling to customers or purchasing from suppliers .etc
    E-commerce involves new bussiness models and strategies to perform on internet can result in new revenue generation and the non efficient strategies can give competitors the edge .The ecommerce website is easy to develop . As it deals with the company as a single unit and the external partners.It has alow risk of failure .E bussiness also involves ecommerce but also it has a physically established business links the companies departments to exchange the within company informaion. Ebussiness is difficult to establish ,as it requiers the communication with customers ,suppliers , as well as branches of the companies departments resulting in ;ower costs and greater profits.has higher failure probability.
    example ebussiness
    http://lessee.orixpakistan.com/
    example ecommerce
    amazon.com
    http://www.emarkaz.com/shop/store/?

    ReplyDelete
  67. e-commerce is basically a entirely new business that get entered in the market as an online business.its purely online and has no physical existence for example amazon.com or ebay, while a business which already has physical existence to make that online for the purpose of extending it is ebusiness. for example PIA which has physical existence is nowadays doing online business as well.

    ReplyDelete
  68. E COMMERCE IS ONLINE BUYING AND SELLING OF PRODUCTS AND SERVICES ,FOR EXAMPLE GOECART WHEREAS E BUSINESS SHOPS ARE ONLINE AS WELL AS CONDUCTING BUSINESS PHYSICALLY,FOR EXAMPLE LEVIS

    ALI SALMAN
    F07B021

    ReplyDelete
  69. zuhaib said (f07b151)...
    e-bussiness and e-commerce can be used interchangeably. bassically e bussiness is a braoder term including the e commercerce in it.when you talk about the e-bussiness automatically it includes the e-commerce. but formally the diffence if that the e-bussiness includes e-commerce but basically covers internal processes such as any airline company.. while E-commerce covers outward-facing processes like microsoft products.....

    ReplyDelete
  70. E-commerce is a subset of E-business. Ecommerce basicaly handles online transactions which can be B2B, B2C or C2C. E-commerce is for the generation of revenue by having atleast one digitally enabled payment transaction method. Whenever a company wants to expand and go global the easiest way is to go online. Whereas E-business is for internal business communication. Large well-established businesses and use it to communicate with their supply chain. Thus when well-established firms go online for within the firm transactions they do E-business.

    Example of E-business is www.nadra.gov.pk and of E-commerce is www.mac.com.

    Nayab Nasir
    Roll#F07b127 (E)

    ReplyDelete
  71. e business is the transformation of key business processes through the use of Internet technologies.Electronic commerce (e-commerce) is often thought simply to refer to buying and selling using the Internet.e commerc e is part of e business. E business has both online and manual support. E commerce enable purchase of products online. The main business contribution of the site is through sale of these products. The sites also support the business by providing information for consumers that prefer to purchase products offline.for example walart is doing e business as it has both online and manual support. And e bay is a pure e commerce site.

    ReplyDelete
  72. e business and e commerce are different terms but in both e means the involvment of internet to improve or change business processes. E commerce involves three integrartions i.e vertical integration ,
    cross-business integration ,and
    integration of technology . E-business includes e-commerce but also covers internal processes such as production, inventory management, product development, risk management, finance, knowledge management and human resources. E-business strategy is more complex, more focused on internal processes, and aimed at cost savings and improvements in efficiency, productivity and cost savings. E business has these strategies
    vertically
    laterally
    horizontally
    downward
    all companies should have e commerce strategy because without internet you cannot interact with customers efficiently.
    big companies are already getting advantage by using e commerce strategies.
    but ebusiness needs changes in organizations strategies.in e business risks of failure are higher as compared to e commerce.
    A wise company may decide to consolidate its gains and complete the work involved in its existing and largely separate e-commerce

    ayesha ashraf F07B103 (E)

    ReplyDelete
  73. E-commerce consist of buying and selling products on internet at any time.Itprovide a convinient marketplace for shopping,you can also get any type of information.Many companies have started business through e-commerce and it is successfully capturing the market .E-business is that you are already doing a business and now you want to flourish your business more and introduce on internet.
    E-commerce is a part of E-business.
    AFRAZ RASHEED
    F07B041
    BBIT(MORNING)

    ReplyDelete
  74. Question No:2
    Maira saghir
    f07b017-M
    Question No:2
    maira saghir
    f07b017-M
    Advances in the Internet and other telecommunications technologies have opened new frontiers in
    communications, commerce, medicine, politics, and almost every other aspect of private and public life.
    Due to spread of internet many applications are becoming available and ecommerce is one of them.internet revolutionzed shopping.the internet promises in the revolution of business and commerce.with the help of internet ecommerce is one of the wide spread utility touching alomst everyone in society.The greatest economic value currently associated with Internet-Based commerce involves business-tobusiness
    transactions.ue to internet may companies have reported siginificant savings and improved thsir sales thorught e commerce.internet has provide increase information access at very low cost,
    traditional business have adopt internet based market by finding new ways to add value to their business and increase thier revenues.The Internet-Based market has broadened business-to-business market participation by lowering the costs of access
    Finally, the Internet also provides a new channel for the distribution of digital goods such as books, music, movies, and news.The second way the Internet has been utilized by business is direct sales to the final consumer (businessto-
    consumer).Internet helps in the marketing of products.if information abt goods is made avaiable on web the intended buyer will get the infomation.Internet give birth to new businesses.Making and receiveing payment become more easy due to internet.Today more n more business supplier are finding that their clients are demanding they should offer online stores.Due to internet commerce has changed so much that ppl are findind better employement oppurtunities .Anyone can start their bzn on internet by sitting at their home.Online auctions open a new marketplace, facilitating customer-to-customer transactions..Internet help in the social networking.There are many sites in whcih pple interact with each other and do business and make clients.internet has reduce the cost of advertising and is the fastetst way to spread information to large number of ppl.

    ReplyDelete
  75. Question No:2
    (hussain imran f07b016 -M)

    Definitely internet and use of web on internet have greatly changed commerce and helped commerce by providing a world wide access to a business. The main helping hands can be listed as:
    Globalization of business
    Improvement of customer services
    Simplification of business processes
    Cost reduction
    Generation of new revenues
    Increase in speed of decision making by providing better strategic information
    Selling is not time bound you can buy whenever you want

    ReplyDelete
  76. Question no: 2

    yes, its true that the internet and the web have greatly changed the traditional commerce by introducing E-commerce.
    With the innovation of e-commerce selling and buying has become extremely easy.Now companies can reach customers and sell products almost anywhere in the world. There are a variety of ways to purchase things online and many traditional methods of commerce are becomming obsolete because of the convenience and speed of online transactions.
    Now a person can buy almost everything he wants while sitting at his home without going out to shops.
    Organizations can also do business
    and exchange more accurate and secure information witin or between them.Complex business processes like taking opinions for new product ideas from customers, marketing, feedback has also became very easy through e- commerce. In short internet and the web has brought tremendous changes in commerce by adding factors like convenience, security , speed and global reach and many many more.


    Mina butt
    F07b048-M

    ReplyDelete
  77. This comment has been removed by the author.

    ReplyDelete
  78. This comment has been removed by the author.

    ReplyDelete
  79. mariam yaqub
    f07b149(E)

    E -business and e-commerce are terms that are sometimes used interchangeably, and sometimes they're used to differentiate one vendor's product from another. But the terms are different, and that difference matters to today's companies. Its also says as e-commerce is a subset of e-business.

    DIFFERENCE
    -------------
    E-business: - digital enablement of
    transactions and process within a firm, involving information system under the control of the firm.
    e-business does not involve commercial transactions across organizational boundaries where value is exchanged.
    If already stable business transform into website for more revenue then it will remain called as e-business. For example: - any bank like standard chartered bank.
    On the other hand
    E-commerce:- is digitally enabled commercial transactions b/w organization and individuals. Limitation of e-commerce is money is not hand to hand reliability does matter lots. For example:- all the online shopping malls or service centers which are only earning through online websites.

    ReplyDelete
  80. This comment has been removed by the author.

    ReplyDelete
  81. TAYYUB said:

    E commerce by internet and web has surely revolutionized the trading practice all over the world. IN our country , it is not yet adopted to the optimal level ,and majority of the people still stick to the traditional way but ultimately the need of the day is to switch to the digital counterpart of doing business to survive in the modern market. E commerce has brought flexibility, reliability, accessibility , easiness of trade , one click transaction capability , and remote access to the far off consumers . It doesn’t matter now if you are on the countryside and willing to have something not reachable there by the traditional channel ,all you have to do is to order online. If the consumer gets a product at his doorsteps having an affordable price and a competitive quality ,why would one bother to put effort to buy the product through physical store dealers. But again the quality checking may become an issue that has to be addressed by the e com service providers.
    Following are some of the benefits e commerce has brought to the business.
    • Increased sales
    • Decreased costs
    • Cost quotes provided online
    • Increased profits
    • Differentiation in profits and sales
    • Expansion to the global market
    • Market niche targeting
    • Product customization for specific target markets.
    • Allowing innovative business models
    • Allowing high degree of specialization
    • Supporting business process reengineering
    • Increased productivity
    • Improved customer service
    • Better ,more and reliable product descriptions
    • Improved customer feedback
    • Better information sharing between organization and customer and among organizations.
    • Better supply chain management
    • Improved demand and supply management handling


    E commerce has equally benefited the consumer and the business man.
    All the activities involved in running a business are now being digitalized with increased productivity.

    TAYYUB IQBAL
    F07B142-E

    ReplyDelete
  82. Question no 2:

    The internet is a massive network of networks, a networking infrastructure. It connects millions of computers together globally, forming a network in which any computer can communicate with any other computer as long as they are both connected to the Internet. In short, Internet is inter-connected computers around the world that allows the sending and travel of information.
    The web is a way of accessing information over the medium of the Internet. It is an information-sharing model that is built on top of the Internet. In short, World Wide Web is collection of multi-media resources accessible via the internet.
    It’s just like, one is the container; the other is an item within the container.
    Yes it’s true that, internet and use of web on internet have greatly changed commerce by providing a world wide access to a business. Internet commerce will give rise to new kinds of business models. But the web is also likely to reinvent tried-and-true models. A broad range of financial and information services are performed over the Internet today and sites that offer them are enjoying rapid growth. These sites are popular because they are doing business and help consumers and businesses of all sizes distribute their information over the Internet with greater convenience and richness in lesser time and minimum cost. Due to internet the payment method become easier now every one can start business by sitting at home.
    Auctions are a perfect example. One of the oldest forms of brokering, auctions have been widely used throughout the world to set prices for such items as agricultural commodities, financial instruments, and unique items like fine art and antiquities. The Web has popularized the auction model and broadened its applicability to a wide array of goods and services.
    Sidrah Shafiq
    F07b054-M

    ReplyDelete
  83. Question no 2
    What is The Internet?
    The Internet is a massive network of networks, a networking infrastructure. It connects millions of computers together globally, forming a network in which any computer can communicate with any other computer as long as they are both connected to the Internet. Information that travels over the Internet does so via a variety of languages known as protocols.
    What is The Web (World Wide Web)?
    The World Wide Web, or simply Web, is a way of accessing information over the medium of the Internet. It is an information-sharing model that is built on top of the Internet. The Web uses the HTTP protocol, only one of the languages spoken over the Internet, to transmit data. Web services, which use HTTP to allow applications to communicate in order to exchange business logic, use the Web to share information. The Web also utilizes browsers, such as Internet Explorer or Firefox, to access Web documents called Web pages that are linked to each other via hyperlinks. Web documents also contain graphics, sounds, text and video.
    Did web and internet change the commerce?
    Yes it changed the commerce.
    Businesses communicate with customers and partners through channels. The Internet is one of the newest and, for many purposes, best business communications channels. It is fast, reasonably reliable, inexpensive, and universally accessible—it reaches virtually every business and more than 200 million consumers. Doing business online is electronic commerce, and there are four main areas in which companies conduct business online today: direct marketing, selling, and service; online banking and billing; secure distribution of information; and value chain trading and corporate purchasing.
    A simple example is discussed here.Small businesses, too, have become easier to start up using the Internet. If you're a stay-at-home mom who makes a killer batch of cookies, you can easily sell them over the Internet and ship them to your customers. In this way business easily assessable and can do due to internet

    Hafiza Aneela
    F07b015-M

    ReplyDelete
  84. Question no: 2
    SADIA MUSHTAQ
    F07B049-M

    Yes internet and WEB both has changed the commerce entirely. But basically the difference is as: Internet is basically the inter-connected computers around the world that allows the sending and travel of information. And the Web gives users access to a vast array of documents that are connected to each other by means of hypertext or hypermedia links (via the internet). The WWW is Part of the INTERNET. There are several applications called Web browsers that make it easy to access the World Wide Web; most popular are Firefox and Microsoft's Internet Explorer.

    :-: Internet has helped in connecting today's online savvy shopper with any retail or wholesale merchant relate to commerce. Online shopping is very popular, it is now possible to compare prices on various items. We research on new items that just hit the market, get the best possible deals, and have the product of our choice delivered at the front doorstep with just a few clicks of our computer mouse. Internet has also reduced the cost of advertising and is the fastest way to spread information to large number of people.

    :-: Web has also changed the commerce like through web Access to anything; any item is available anytime, anywhere, around the globe. Per-student equipment costs are affordable. Almost any computer today equipped with a modem and free browser software can access the Internet or a private Intranet. There are many sites in which people interact with each other and do business and make clients.:)

    ReplyDelete
  85. This comment has been removed by the author.

    ReplyDelete
  86. Question no 2:
    The Internet is at its most basic definition an electronic communications network. It is the structure on which the World Wide Web is based. Think of the Internet as a bus, and the Web as the people within the bus....grumpy passengers, screaming babies, and people talking too loud.
    The World Wide Web is a part of the Internet "designed to allow easier navigation through the use of graphical user interfaces and hypertext links between different addresses”
    The Internet and the Web work together, but they are not the same thing. Think of the bus analogy again - the Internet provides the structure, and the Web provides the dynamic networks that we use via a variety of different methodologies and protocols. For a really good, technical explanation of how this all works.
    The true benefits of the Internet and web as an electronic commerce medium are easy to delineate. The web allows almost instant change to your entire business structure, merchandise, pricing, marketing, promotions and sales process. In fact, the Internet will allow you to change all of this from customer to customer.
    Sidra Hameed F07B001

    ReplyDelete
  87. samra hani
    f07b033-m
    yes the internet and web are the technologies which have greatly influenced and brought about great changes in commerce. trading and shopping can be done being anywhere in the world. the internet has greatly facilitated commerce. it has given a broader and easier aspect to commerce. now e-commerce gives us access to markets which either exist physically or just virtually, to global markets and to any business which has been online.

    ReplyDelete
  88. Ebusiness goes far beyond ecommerce or buying and selling over the Internet, and deep into the processes and cultures of an enterprise. It is the powerful business environment that is created when you connect critical business systems directly to customers, employees, vendors, and business partners, using Intranets, Extranets, ecommerce technologies, collaborative applications, and the Web.
    E-commerce covers outward-facing processes that touch customers, suppliers and external partners, including sales, marketing, order taking, delivery, customer service, purchasing of raw materials and supplies for production and procurement of indirect operating-expense items, such as office supplies. It involves new business models and the potential to gain new revenue or lose some existing revenue to new competitors.
    mamoona sharif f07b058(morning)

    ReplyDelete
  89. question no1:
    WASIM f07b011 said
    Digital enabled transaction through internet between organizations and individuals is called e-commerce.In e-commerce we create virtual company.Physical existence of company is not needed in e-commerce. All transactions are done through digital media. E-commerce has changed the way of business in past decade. Every thing is availbe online.
    When we talk about E-business we are talking baout broader aspect of business. E-business is just a part of E-commerce.All ready established business going online is called e-business. E-business are both physically present and availbe online.part of the business which is online can be called e-commerce.
    wasim
    f07b011

    ReplyDelete
  90. Electronic commerce or "eCommerce" covers the range of on-line business activities for products and services, both business-to-business and business-to-consumer, through the Internet. eCommerce breaks into two components:
    Online Shopping - the scope of information and activities that provides the customer with the information they need to conduct business with you and make an informed buying decision.
    Online Purchasing - the technology infrastructure for the exchange of data and the purchase of a product over the Internet. Online purchasing is a metaphor used in business-to-business eCommerce for providing customers with an online method of placing an order, submitting a purchase order, or requesting a quote.
    eBusiness is a super-set of eCommerce. One component of transitioning your company from a traditional business to an eBusiness is when you incorporate eCommerce into your company's flow. For example, when your sales and fulfillment organizations can handle web-based purchases equivalently to telephone and mail purchases, you have started the transition to eBusiness.
    iram aziz(f07b002)

    ReplyDelete
  91. This comment has been removed by the author.

    ReplyDelete
  92. E commerce refers to online transactions - buying and selling of goods and services over the Internet involving transaction of monetary nature. E Business refers to online transactions including interactions with business partners, customers and vendors. eBusiness interactions are aimed at improving business processes and efficiency. The difference between eCommerce and eBusiness is artificial and necessarily covers electronically transactions or information’s. While an eCommerce is the conclusion to a sale or purchase activity through internet with the help of internet banking or credit card gateway, eBusiness is a continuous process right from initiation of sale offer to after sales customer caring. It even does not end there and initiate another phase of the sale. Customer educating, Internet Marketing, researching etc all come under eBusiness. While an eCommerce activity can be done by just with a website that accepts Credit / Debit cards and similar on line purchase instruments, eBusiness scope is lot more than just buying and selling over the Internet, it goes into much depth of procedures and cultures of an organization.
    To conclude, it can be summarized that an eBusiness uses the Internet for all of its business activities, while eCommerce is only one domain of an eBusiness.
    Mohammad Hassan
    F07B034(M)

    ReplyDelete
  93. This comment has been removed by the author.

    ReplyDelete
  94. The differences between the two are as follows:
    1. E-Commerce is the subset of E-Business. The later one is a very broad concept while the former one is just a small part of it.
    2. Those activities which essentially involve monetary transactions are termed as "e-commerce". However, e-business is a much broader term. There are many other things besides selling including but not limited to marketing, procurement of raw materials or goods, customer education, looking for suppliers etc.
    3. To sell online is e-commerce but to bring and retain customers and educate them online about the product or service is e-business. Having a website to do it is not sufficient. But, having a professionally built website loaded with latest technologies to capture the attention of the visitor and win his/her appreciation is required. When money is involved then the first thing which user looks for is safety and security of his/her money. Having a website laden with such qualities is important.
    4. E-commerce has also been defined as a process covering outward processes that touch customers, suppliers and external partners while e-business covers internal processes such as production, inventory management, product development, risk management, finance etc.
    Muhammad Usman
    F07B025(Morning)

    ReplyDelete
  95. The "Internet" (or "Net" for short) is a massive public broadcast medium ... The World Wide Web, or "Web" for short, is the single largest and most popular subnetwork on the Internet.

    The World Wide Web, or "Web" for short, is the single largest and most popular subnetwork on the Internet.

    Yes, internet and web technologies has brought rapid development and has enabled people to have more choices than ever before about what to buy, where to buy and how to buy. the emerging ecommerce has also changed many aspects of existing business and business processes. with the revolutionary changes brought by internet and web, successful companies provide a bundle of services acceptable.
    As the range of internet techniques, web advertising attracts public attention.
    Channels of distribution have existed to get products to consumers cheaper, faster, and more effectively.

    The concepts of buying and selling and business combined with computers and the Internet all contributed to the possiblility of eCommerce. Since then much has changed or evolved including the many branches or different forms of online commerce.

    The world of eCommerce wouldn’t have been possible without the advances in technology that are now familiar to all online merchants. The expansion of credit card companies, electronic payment gateways, online shopping carts and the places to market your items have all contributed to the growth and evolution of eCommerce.

    MARYAM NAEEM- F07B051- M

    ReplyDelete
  96. f07b057 hammad aleem (M)
    Question 2
    it is quite obvious that internet and web has a positive impact on e-commerce. there are some points that will support this thing.
    providing a platform to the consumers for e-shopping/i-shopping
    reducing exhaustion cost of consumer
    providing many alternatives of same product from different producers
    providing more information about product and manufacturer or producer
    providing variety of products on different prices requiring any extra effort of consumer
    providing a platform to business people to have an interaction with consumers any time through e-commerce

    ReplyDelete
  97. “Internet and the web are just two of a long list of technologies that have greatly changed commerce.”
    The Internet provides an opportunity to create markets, and serve customers in ways hitherto unimaginable. A couple of years ago many viewed electronic commerce as simply trading using online networks and EDI (Electronic Data Interchange). For them, the Internet was "totally irrelevant and unsuitable for electronic commerce". Their views have changed! Many large companies and retailers are now flocking to the Internet.
    Web is the interface through which the customer can interact with the company. Customer can purchase things online easily,comfortably and in short time. Customer can access the international market throgh web and internet.
    So,internet and web have greatly improved commerce.
    Muhammad Usman
    F07B025(Morning)

    ReplyDelete
  98. How come i don't see the 2nd question?

    Nayab Nasir
    F07b127(E)

    ReplyDelete
  99. This comment has been removed by the author.

    ReplyDelete
  100. QUESTION NO.2
    Internet - inter-connected computers around the world that allows the sending and travel of information .World Wide Web (WWW) - collection of multi-media resources accessible via the internet.
    Yes the internet and web are those technologies which have brought about great changes in traditional commerce. Now you can do shopping anywhere in the world while sitting in your home. Internet has made it very easy for us .now you can browse for any product either you are interested in it or not and can purchase it. Internet has helped in connecting today's online shopper with any retail or wholesale merchant relate to commerce. Web has also changed the commerce like through web Access to anything; any item is available anytime, anywhere, around the globe.
    MADIHA
    F07B023(M)

    ReplyDelete
  101. This comment has been removed by the author.

    ReplyDelete
  102. Amna Zafar
    F07B055

    QUESTION 2:-

    Yes internet and use of web on internet have greatly changed commerce and helped commerce by providing a world wide access to a business. The internet and web are those technologies which have brought about great changes in traditional commerce. But basically the difference is as: Internet is basically the inter-connected computers around the world that allows the sending and travel of information. And the Web gives users access to a vast array of documents that are connected to each other. There are many sites in which people interact with each other and do business and make clients. Now you can do shopping anywhere in the world while sitting in your home. Internet has made it very easy for us .now you can browse for any product either you are interested in it or not and can purchase it. Internet has helped in connecting today's online shopper with any retail or wholesale merchant relate to commerce. Web has also changed the commerce like through web Access to anything; any item is available anytime, anywhere, around the globe.There are several applications called Web browsers that make it easy to access the World Wide Web; most popular are Firefox and Microsoft's Internet Explorer. Internet has helped in connecting today's online savvy shopper with any retail or wholesale merchant relate to commerce. Online shopping is very popular, it is now possible to compare prices on various items. We research on new items that just hit the market, get the best possible deals, and have the product of our choice delivered at the front doorstep with just a few clicks of our computer mouse. Internet has also reduced the cost of advertising and is the fastest way to spread information to large number of people.

    ReplyDelete
  103. F07B134(Evening)
    Ebusiness goes far beyond ecommerce or buying and selling over the Internet, and deep into the processes and cultures of an enterprise. It is the powerful business environment that is created when you connect critical business systems directly to customers, employees, vendors, and business partners, using Intranets, Extranets, ecommerce technologies, collaborative applications, and the Web.

    ReplyDelete
  104. Aliza Jafri
    F07B047 (M)

    Question 2:
    “Internet and the web are just two of a long list of technologies that have greatly changed commerce.”

    Yes internet and WEB both has changed the commerce entirely. But basically the difference is as: Internet is basically the inter-connected computers around the world that allows the sending and travel of information. And the Web gives users access to a vast array of documents that are connected to each other . The WWW is Part of the INTERNET. There are several applications called Web browsers that make it easy to access the World Wide Web; most popular are Firefox and Microsoft's Internet Explorer. Internet has helped in connecting today's online savvy shopper with any retail or wholesale merchant relate to commerce. Online shopping is very popular, it is now possible to compare prices on various items. We research on new items that just hit the market, get the best possible deals, and have the product of our choice delivered at the front doorstep with just a few clicks of our computer mouse. Internet has also reduced the cost of advertising and is the fastest way to spread information to large number of people.Web has also changed the commerce like through web Access to anything; any item is available anytime, anywhere, around the globe. Per-student equipment costs are affordable. Almost any computer today equipped with a modem and free browser software can access the Internet or a private Intranet. There are many sites in which people interact with each other and do business and make clients.

    ReplyDelete