In what way has the Internet made cost competitiveness a more important consideration for businesses?
A)Retailers have more shipping options than before.
B)Advertising has become less effective because of online ads.
C)Consumers have more information about production processes.
D)Producers have more information about what competitors are doing.
E)Consumers can more easily compare prices online.

Question

Quizplus · Accepted Answer

With the ease of access to information on the internet, consumers can easily compare prices online. This means that businesses need to take into account the cost competitiveness of their products and services to remain competitive in the market.

In What Way Has the Internet Made Cost Competitiveness a More