Question

Describe the concept of convergence and how it relates to technology and e-commerce.

Answer 1

Convergence is the theory which states that two or more existing concepts come together to form a new concept. It is one of the most used and popular theories in recent world where technology is growing at quite an advancing rate and though convergence it can be made even better. We can see that convergence has a huge role to play in technology where we see that existing technologies are conglomerated to form a new technology which has helped the way business moves and e-commerce is not an exception, rather e-commerce actually requires more and more new technologies to sustain which will give them an upper hand over other competitors. Convergence is a concept used a lot in e-commerce where may be existing theories are clubbed together to form a new theory which makes the business profitable. E-commerce is all about how unique the organization because there is a huge completion in this sphere of business as well and organization need to compete to be successful.