A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations. the emerging modes of business are e-business, e-commerce, and outsourcing. E-business, commonly known as electronic or online business is a business where an online transaction takes place. In this transaction process, the buyer and the seller do not engage personally, but the sale happens through the internet. E-Commerce stands for electronic commerce and is a process through which an individual can buy, sell, deal, order, and pay for products and services over the internet. Outsourcing is a process where the business operation or particular business activity is given as a contract to the specialized agency. Across the globe, the outsourcing business is rising rapidly, and with its help, firms can focus on their core operations and gain more profits and enhance product quality.

Jincy Anna Joy

42 resources

0

0

0

Like