In what way would a commitment to e-commerce and e-business affect a small business?Group of answer choicesIt would contribute to a decrease in their popularityIt would discourage customers who use the Internet frequentlyIt would increase their operational costsIt would reduce their operational costs. Previous
Question
In what way would a commitment to e-commerce and e-business affect a small business?Group of answer choicesIt would contribute to a decrease in their popularityIt would discourage customers who use the Internet frequentlyIt would increase their operational costsIt would reduce their operational costs. Previous
Solution
A commitment to e-commerce and e-business would affect a small business in several ways:
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Popularity: It would not contribute to a decrease in their popularity. In fact, it could potentially increase their reach and visibility to a broader audience.
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Customer Engagement: It would not discourage customers who use the Internet frequently. On the contrary, it would likely attract more customers who prefer the convenience of online shopping.
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Operational Costs: It would not necessarily increase their operational costs. While there might be initial investments in technology and training, e-commerce can streamline operations and reduce costs in the long run.
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Operational Costs Reduction: It would reduce their operational costs. E-commerce can lead to savings on physical store expenses, inventory management, and staffing, ultimately lowering overall operational costs.
Therefore, the most accurate choice is: It would reduce their operational costs.
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