Abstract:
The emergence and development of the Internet, the improvement of information technologies,
systems, and standards for their interaction have led to the creation of a new direction of modern business - electronic
business, as a special form of business, implemented to a large extent through the introduction of information
technologies in the production, sale and distribution of goods and services. E-business is any business activity that
uses the power of global information networks to transform internal and external communications in order to create
profit. However, this definition reflects the processes associated mainly with the use of the Internet, while the
development of electronic business today has already passed this stage and stepped into a new, more extensive era of
its development. E-business is the implementation of business processes using the capabilities of information and
telecommunication technologies, systems and networks.