E-Commerce Accounts for Approximately What Percentage of Total Retail Sales

question 14

Multiple Choice

E-commerce accounts for approximately what percentage of total retail sales?

• A) Less than 1 percent
• B) 10.2 percent
• C) 5 percent
• D) 13.4 percent

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Definitions:

Upstream Division

A segment of a company or industry involved in the early stages of production or supply chain, often dealing with raw materials.

Downstream Division

A segment or part of an organization focused on the later stages of production or distribution in the supply chain, such as sales and delivery of the final product.

Profit Center

A department or segment of a business responsible for generating its own revenue and profit.

Minimizing Costs

The process of reducing expenses to the lowest possible level while maintaining efficiency and effectiveness.