Final answer:
E-commerce has several positive impacts, including increased convenience for customers, global reach for businesses, cost savings, and enhanced customer experience. Option 5
Step-by-step explanation:
The positive impact of e-commerce includes:
Increased accessibility and convenience for customers: E-commerce allows customers to shop anytime and anywhere, eliminating the need to visit physical stores. This convenience enhances the overall shopping experience for customers.
Global reach and expansion opportunities for businesses: E-commerce enables businesses to reach customers worldwide, expanding their market reach and potential customer base.
Cost savings and efficiency improvements: E-commerce eliminates the need for physical stores, reducing overhead costs. It also allows for streamlined inventory management and automated processes, leading to improved efficiency.
Enhanced customer experience and personalized marketing: E-commerce platforms can collect customer data and preferences, allowing businesses to personalize marketing messages and provide targeted recommendations. This enhances the customer experience and promotes customer loyalty.
Therefore, the correct answer is option 5) All of the above.