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Question

E-Commerce development in India 2017 it has been reported that Medium scale businesses which went digital experienced annual revenue growth which was 27% higher than traditional businesses. State True or False.


A

True

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B

False

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Solution

The correct option is A

True


True. E-Commerce development in India 2017 it has been reported that Medium scale businesses which went digital experienced annual revenue growth which was 27% higher than traditional businesses. Not only did the revenue increased, but also the costs reduced - there was a 60 % reduction in marketing and distribution costs.


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