Current business trends indicate that ________ percent of all transactions in the world will be conducted by electronic means by the end of the present decade:

Question

Quizplus · Accepted Answer

The question states that "current business trends" indicate that by the end of the present decade (which is implied to be the 2020s), a certain percentage of transactions will be conducted electronically. While there is no definitive answer to this question, many experts predict that the percentage of electronic transactions will continue to grow rapidly in the coming years. According to a report by Statista, global e-commerce sales are expected to reach 4.88 trillion U.S. dollars by 2021, up from 2.3 trillion U.S. dollars in 2017. This represents a compound annual growth rate (CAGR) of 18% over the period. Given this strong growth trajectory, it is reasonable to assume that by the end of the 2020s, at least 40% of all transactions will be conducted electronically, making choice E the most likely answer.

Current Business Trends Indicate That ________ Percent of All Transactions