This document defines e-business and e-commerce, and discusses their roles in business. E-business refers to using digital technology and the internet to execute major business processes within a company and with external partners. E-commerce is the part of e-business that deals with buying, selling, marketing and servicing products/services online. The document also discusses internet, intranets and extranets, and different types of information systems used in business like transaction processing systems and management information systems. It covers challenges in information system management and development like changing requirements and lack of user input, and discusses ensuring ethical and responsible use of information technology.