Pronunciation: [ˈɛbɪznəs] (IPA) 
The spelling of the word "eBusiness" is a combination of the letter "e" and the word "business". The "e" is pronounced with a short "eh" sound, as in "bed" (IPA: ɛ), and "business" is pronounced with a hard "b" sound followed by a short "ih" sound, as in "bit" (IPA: ˈbɪz.nəs). The word "eBusiness" refers to conducting business activities online, typically through the use of electronic communication tools and platforms.
EBUSINESS, short for electronic business, refers to the conduct of business activities using the internet or other digital platforms. It encompasses any form of business or commercial transaction conducted electronically, including buying and selling products or services, engaging in online marketing and advertising, online banking and payment processing, and online collaboration and communication.
In eBusiness, organizations leverage digital technologies to streamline operations, enhance efficiency, and reach a larger customer base. This may involve utilizing websites, mobile apps, social media platforms, and other online channels to promote their offerings and connect with customers.
One key characteristic of eBusiness is the removal of geographical limitations. It enables companies to transcend traditional boundaries and engage in global business interactions, expanding their market reach beyond local and national borders.
eBusiness also provides numerous advantages such as reduced costs, increased accessibility, and improved customer experience. It allows for 24/7 availability and convenience, enabling customers to make purchases, obtain information, and communicate with businesses at any time and from anywhere.
As technology continues to evolve, eBusiness evolves with it. New innovations, such as artificial intelligence, blockchain, and the Internet of Things, are increasingly integrated into eBusiness strategies, further transforming the way companies operate and interact with their customers.
