Electronic Business: Concepts, Methodologies, Tools, and Applications (4-Volumes) P206. Over the course of a few short years, electronic business has advanced from a buzzword to a thriving new channel for the delivery of goods and services and the mediation of financial transactions, shaping the destiny of numerous contemporary enterprises and significantly affecting entire economies worldwide. The rapid pace of advancement and change driven by e-commerce technologies, and the larger fiscal, economic, and sociological implications, have created a need for authoritative research to enhance the grasp of the academic, commercial, and consumer sectors on the full range of opportunities, issues, and.