BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Farms
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Stores
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Trucks
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Factories
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Detailed explanation-1: -Amazon is the giant of online shopping; more people shop here than at any other online shopping site.
Detailed explanation-2: -As of 2022, at least 75% of consumers shop online at least once a month. It’s estimated that in 2022, global e-commerce retail sales reached $5.7 trillion. A massive 63% of all shopping journeys begin online, whether or not the consumer ends up making their purchase online or in-store.
Detailed explanation-3: -A subcategory of consumer goods, consumer staples are products that people consider essential and therefore buy the most. These products include beverages, food, household items, and tobacco. Other consumer goods that people buy on a regular basis would be cleaning products, personal hygiene items, and clothing.
Detailed explanation-4: -China is the biggest and top eCommerce market in the world, with annual online sales of $672 billion.