e-business

Vocabulary Word

Definition

E-business refers to any commercial business that operates online. It can include selling products on a website, providing customer service through email, or online marketing.

Examples in Different Contexts

In human resources, 'e-business' includes online recruitment, training, and employee management practices. An HR director might state, 'Our e-business approach to HR has enhanced our ability to attract, train, and manage talent across the globe.'

Practice Scenarios

Tech

Scenario:

We need a platform that can handle a large volume of transactions smoothly. A comprehensive digital solution could be a game-changer.

Response:

Implementing an e-business solution will certainly help us handle a higher volume of transactions efficiently.

Business

Scenario:

Our goal is to expand our reach to more customers. Online marketplaces have proven successful for many businesses.

Response:

We should definitely start building an e-business strategy to capture the online market.