Electronic commerce is a modern business methodology
that addresses the needs of organizations, merchants
and consumers to cut cost while improving the
quality of goods and services.
B2B describes a business that sells its products or
services to another business or to businesses. The term also applies
to the use of computer networks to search and
retrieve information in support of human and
corporate decision-making. There is a range of
B2B e-Commerce opportunities that depend on the nature
of the business and the customers it serves.
To begin with electronic commerce, it is vital that
prior to entering into any sort of business
activity, a company must be traceable relatively
easily on the Internet.
An appropriate and generic domain name would enable
a company to conduct on-line transactions with ease
and likewise enable customers and suppliers to trace
With the types of Internet services and technologies
catching up, e- business forms a major part of
trading worldwide. And with more and more banks and
other financial institutions becoming online, the
prospects of electronic trade or web based trading
have been increased many folds. When we look at the
service provider point of view in e-business, we can
classify them as mainly.