electronic business

Interaction between two or more parties for the purpose of conducting business where the interaction is via an electronic channel mediated by a computer. Channels through which electronic business is conducted include video phones, interactive television, and the Internet. Electronic business is usually taken to have wider definition than electronic commerce, and embrace other aspects of business, such as marketing, PR, accounting, other than merely the sale and purchase of goods and services.

IBM was one of the first companies to make wide use of the term e-business.