Which of the following predictions about the impact of e-commerce on traditional businesses is likely to be most accurate?
A)Traditional firms will enter the e-commerce market.
B)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.
C)E-commerce will have little impact on most traditional businesses,because only a few types of products can be sold effectively over the Internet.
D)Traditional businesses will cease to exist within twenty years.

Question

Quizplus · Accepted Answer

It is likely that traditional firms will adapt to the changing market and enter the e-commerce industry in order to remain competitive. This will help them retain their existing customer base and attract a new one. Many brick-and-mortar stores have already launched their websites to cater to their customers' changing needs. Therefore, the prediction that traditional firms will enter the e-commerce market is the most accurate.

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