The Internet is transferring power from suppliers to customers, especially in consumer markets.

Question

Quizplus · Accepted Answer

With the rise of the internet, customers now have greater access to product information and options, as well as the ability to easily compare prices and reviews. This puts pressure on suppliers to offer competitive prices and high-quality products in order to retain customers. As a result, customers have more power and influence in shaping the market.

The Internet Is Transferring Power from Suppliers to Customers, Especially