In the US, which of the following has likely been the most influential with respect to the increased level of competition faced by many local retail businesses?
A) vast improvement in communications technologies
B) development of the Internet
C) global business-to business websites
D) globalization and all of the above

Question

Quizplus · Accepted Answer

The most influential factor in the increased level of competition faced by many local retail businesses in the US is a combination of all the listed options: vast improvement in communications technologies, development of the Internet, and global business-to-business websites, all of which are components of globalization. These factors collectively have transformed the retail landscape by broadening the reach of businesses, enabling them to compete on a global scale, and making information and products more accessible to consumers worldwide.

In the US, Which of the Following Has Likely Been