Question

According to most retail analysts, as a result of several key forces at work today, which of the following forms of nonstore retailing will experience significant growth over the next decade while the other forms will remain steady or decline?

1) Telemarketing
2) Vending machines
3) Catalog sales
4) Direct selling
5) Internet shopping

Answer 1

Internet shopping is expected to see significant growth due to technological advancements and globalization, outpacing other forms of nonstore retailing.

Step-by-step explanation:

According to most retail analysts, in light of the key forces such as technology advancements and globalization, Internet shopping is expected to experience significant growth over the next decade while other nonstore retailing forms like telemarketing, vending machines, catalog sales, and direct selling will remain steady or decline. E-commerce has been continuously transforming the marketplace, as seen with Amazon dramatically changing the way books are bought and sold. This shift is driven by the convenience and efficiency of purchasing items online, which can be sourced locally or globally, intensifying the competition for traditional brick-and-mortar stores.