Which of the following predictions about the impact of e-commerce on traditional businesses is likely to be most accurate?
A) E-commerce will have little impact on most traditional businesses, because only a few types of products can be sold effectively over the Internet.
B) Traditional brick-and-mortar firms will enter the e-commerce market by creating their own web sites.
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 twenty years.

Question

Quizplus · Accepted Answer

Traditional brick-and-mortar firms are likely to enter the e-commerce market by creating their own web sites to stay competitive and reach a wider customer base. This has already been observed with many established businesses launching online operations in recent years. While e-commerce may prove successful in competing with traditional businesses, it is unlikely that brick-and-mortar businesses will cease to exist entirely within the next two decades. A is incorrect because many different types of products can effectively be sold over the internet, and the success of companies like Amazon and Alibaba demonstrate this fact. C may be true to some extent, but it's too simplistic and doesn't account for the variety of factors that could influence the success of e-commerce in different markets. D is too extreme and not supported by any evidence or trends.

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