Xornam is a fresh graduate from one of Ghana's Universities. She studied banking and finance and graduated with first class honours. After her National Service with a bank, she applied to be maintained as a permanent or contract staff with the bank. As part of the bank's employment criteria, she is supposed to submit an essay on a given topic by the bank and when she is able to get the pass mark, she will proceed to the next level, which is to participate in a group interview. The topic she was given, which she is supposed to present her answer by 2 days' time is "electronic business is an aspect of electronic commerce. Do you agree?" Xornam is very confused because she did not get the opportunity to study electronic banking and electronic commerce as a course in her university. She has you, a level 300 students of University of Professional Studies, Accra (UPSA) as a friend and has come to you for help.

 

Discuss the topic in full detail, bringing to bear, any similarities and differences you are aware.