The document discusses the benefits of electronic business (e-business) and information technology. It defines e-business and e-commerce, outlines the objectives of an e-business course, and describes various types and applications of e-business including business-to-business, business-to-consumer, and inter-organizational systems. It also summarizes the benefits of e-business for organizations, consumers, and society such as reduced costs, increased market reach, improved customer service, and more choices for consumers.