3. E-Business – Transaction Medium Most e-commerce is done over the Internet. But EC can also be conducted on private networks, such as value-added networks ( VANs, networks that add communication services to existing common carriers ), on local area networks (LANs) or wide area networks (WANs)
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8. Communications Types C 4 C 5 C 1 C 2 C 4 O Many-to-many communications via the Internet medium O - Organisation M - Communicating Message C - Customers Internet Medium C 3 O O O Content M M M Content M M M Content Content
![E-Commerce & E-Business ,[object Object],E-commerce describes the process of buying, selling, transferring, or exchanging products, services, and/or information via computer networks, including the Internet. E-business refers to a broader definition of e-commerce, not just the buying and selling of goods and services, but also servicing customers, collaborating with business partners, conducting e-learning, and processing electronic transactions.](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)