E Commerce is the buying and selling of goods and service over the Internet. E Commerce refers only to online transaction E Business, derived from the term e commerce, is the conducting of business on the internet , not only buying and selling, but also serving customers and collaborating with business partners.
E Business model is an approach to conducting electronic business on the Internet E Business transaction take place between two major entities which is business and consumers.
two types of business relationships that is business to business (B2B) and business to consumer (B2C).
B2B
applies to businesses buying from and selling to each other over the internet. Emarketplace are interactive business communities providing a central market space where multiple buyers and sellers can engage in ebusiness activities.
B2C
applies to any business that sells its products or services to consumers over the internet.
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