Meaning – Any business that operates on the internet, and also allows transactions to take place over the web, is an E-Business. Many entrepreneurs are now taking their businesses online, as the scope for reaching out to a wider audience, is a very real and attractive incentive.
An E-business allows customers to browse through the offerings of the business from the comfort of their homes, and if anything catches their fancy, it even allows them to pay for the same using online banking services.
Customers staying in a different country can interact with the E-businesses found anywhere else on the globe, be it in their locality, or in a different country altogether.
Example of usage – “She started her own crafts business, and in order to make her visible across the world, she decided to take the business online, and register it as an E-Business.”