Question

There are many factors that influence the evolution of retail concepts. Certainly in the past few years, ____________, especially the widespread diffusion of the Internet has had a huge impact on the retail landscape?

Answer 1

A. Technology

Step-by-step explanation:

Retail concept describes the various evolution of the retail life cycle. It refers to the transformation of retail life cycle. In trying to stay relevant, many businesses and retailers evolves their techniques by trying various models and concepts. Of course, we have many factors affects or rather influence the concept of retail. One of them is technology and that is what is referred to in the question. Technology has changed the environment of retailing, mostly through the unprecedented spread of the internet. Many retailers around the world now are looking for medium in which they can bring online and technological experiences to their stores and drive up customer desires. Many other retailers shop and now situated online selling their products through the aid of technological advancements.