Question

Amazon, the largest online retailer, has experimented with physical stores and recently bought Whole Foods. Whole Foods has almost 500 stores and gives Amazon facilities for rapid physical expansion. The general insight here is that:__________
a. to survive today, organizations need to be present in both the online and physical markets
b. Amazon recognized a bargain-priced stock in Whole Foods
c. people do not like buying groceries online

Answer 1

Answer:

a. to survive today, organizations need to be present in both the online and physical markets

Explanation:

Nowadays, despite emergence of online stores for buying goods or availing services, majority of the customers still prefer traditional buying i.e bricks and mortar set up.

The shift towards online purchases has been on a rise over the years yet it is not substantial enough for retailers to obviate the need for physical retail stores.

Since, consumers still shop from both, it has become essential in the current scenario for organizations to be present both in physical markets as well as set up online stores.