Final answer:
The extent of contact with online businesses has increased significantly in recent decades due to technological advancements and globalization. Consumers can now order products and services from anywhere in the world, leading to increased competition for local retail businesses. It is essential for consumers to prioritize online privacy and security.
Step-by-step explanation:
The extent of contact with online businesses for many consumers has increased significantly in recent decades due to the advancement of technology and globalization. Consumers can now order products and services from anywhere in the world, leading to increased competition for local retail businesses. Business-to-business websites further facilitate buyer and supplier interactions on a global scale.
Advancements in communication technologies, such as the internet, have allowed consumers to access a wide range of products and services online. This has led to a shift in how markets are defined, with online marketplaces becoming increasingly prevalent. However, it is important for consumers to be aware of online privacy and security concerns, as data breaches and identity thefts have become more prevalent.
Overall, the extent of contact with online businesses has expanded due to the convenience and accessibility they offer. Consumers can now connect with businesses globally, order products and services online, and interact with other consumers through platforms like social networking. However, it is essential for consumers to prioritize their online privacy and security when engaging with online businesses.