Assignment on Project Management - Response Electronic Commerce

Running head: PROJECT MANAGEMENT
Project Management
Name of the Student
Name of the University:

1PROJECT MANAGEMENT
Response
Electronic Commerce (E-Commerce) is defined as a service for buying and selling goods,
transmitting data or funds using an efficient platform. This kind of business transactions occurred
either in the form of business to business, customer to business, customer to customer and
business to customer. However, the process of E commerce is very often used interchangeably.
These days most of the businesses are using the concept of Ecommerce to increase the speed of
buying and selling products. Businesses those are using the concept of Ecommerce, becoming
competitive among many similar companies. Not only this but also the companies are also
earning measurable commercial revenues.
The process of Ecommerce is different from traditional commerce concept. Traditional
commerce allows manual process of transaction whereas; Ecommerce is completely automatic in
nature. Traditional business gives limited time access opportunities but Ecommerce gives 24*7
service. In this process customers can interact face to face but E-Commerce gives screen to face
interaction approach. Traditional business never gives uniform platform to exchange information
but Ecommerce provides uniform platform to share useful information. Traditional business
gives linear business relationship and Ecommerce gives an end to end relationship.
Organizations using Traditional business make payment using cash, credit card, cheque etc but
Ecommerce allows online transactions in terms of credit cards, fund transfer etc.
I found that, the theme which is selected for the initial post is Amazon’s E-COMMERCE
business platform. After reviewing the previous post have realized that, these days companies
those are using the concept of Ecommerce are becoming competitive and commercially