Online execution of business processes. Conducting day-to-day business functions by internet or other electronic networks. An alternative online processes is electronic data interchange (EDI). Collaboration with distributors on sales promotions, interaction with customers, and joint research with business partners are high levels of process in electronic business. Contrast to an electronic commerce firm,
Link to This DefinitionDid you find this definition of ELECTRONIC BUSINESS (E-BUSINESS) helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary