Which of the following predictions about the impact of e-commerce on traditional businesses is the most accurate?
A) E-commerce will have little impact on most traditional businesses, because only a few types of products can be sold effectively online.
B) Traditional brick-and-mortar firms will enter the e-commerce market by creating their own websites.
C) E-commerce will prove to be very successful in competing against traditional firms in B2C markets, but will have much less success in B2B markets.
D) Brick-and-mortar businesses will cease to exist within 20 years.

Question

Which of the following predictions about the impact of e-commerce on traditional businesses is the most accurate? 
A) E-commerce will have little impact on most traditional businesses, because only a few types of products can be sold effectively online.
B) Traditional brick-and-mortar firms will enter the e-commerce market by creating their own websites.
C) E-commerce will prove to be very successful in competing against traditional firms in B2C markets, but will have much less success in B2B markets.
D) Brick-and-mortar businesses will cease to exist within 20 years.

Quizplus · Accepted Answer

Businesses that provide their customers with quality products at good prices with great service will succeed. Established firms have quickly adapted the technology necessary to compete in the e-commerce market.

Which of the Following Predictions About the Impact of E-Commerce