A key difference in competition between retailing and e-tailing is that ________.

Question

Quizplus · Accepted Answer

Retailers face fewer competitors compared to e-tailers because e-tailers can operate from anywhere in the world, while retailers are restricted to a physical location. This means that e-tailers have a larger pool of potential competitors. Additionally, e-tailers can easily enter and exit the market with lower costs, making competition more intense for e-tailers.

A Key Difference in Competition Between Retailing and E-Tailing Is