Electronic Business, commonly referred to as "eBusiness" or "e-Business", may be defined as the utilization of Information and Communication Technology (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.

E-business involves business processes spanning the entire value chain: electronic purchasing and supply chain management, processing orders electronically, handling customer service, and cooperating with business partners. Special technical standards for e-business facilitate the exchange of data between companies. E-business software solutions allow the integration of intra and inter firm business processes. E-business can be conducted using the Internet, intranets, extranets, or some combination of these.

Electronic Business, commonly referred to as "eBusiness" or "e-Business", may be defined as the utilization of Information and Communication Technology (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.

E-business involves business processes spanning the entire value chain: electronic purchasing and supply chain management, processing orders electronically, handling customer service, and cooperating with business partners. Special technical standards for e-business facilitate the exchange of data between companies. E-business software solutions allow the integration of intra and inter firm business processes. E-business can be conducted using the Internet, intranets, extranets, or some combination of these.

http://en.wikipedia.org/wiki/EBusiness