e-Business

A way of conducting business electronically, over the Internet, leveraging technology initiatives such as e- commerce, electronic data[2] interchange (EDI), and electronic funds transfer (EFT). Electronic storefronts, self-service Web applications, and Web-based supply chain integration[1] are a few examples of new e-business opportunities.

Defined Terms
1. integration.

A process concerned with joining different subsystems or components as one large system. In HR, integration allows organizations to combine the various applications relating to the management of their workforce and their core business so they work effectively together for the best results. The term that describes what happens when two applications are able to communicate with each other and exchange information.

2. data.

Numbers, characters, or images in a form which can be assessed by a human or (especially) input into a computer, stored and processed.

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