Statement:
The rise of e-commerce has transformed retail shopping, with many traditional stores closing due to declining foot traffic. Online platforms offer convenience and competitive pricing, attracting millions of customers worldwide. However, certain product categories like luxury goods and fresh groceries still see strong in-store sales because customers prefer to examine them physically before purchasing.
Conclusions:
I. E-commerce will completely replace traditional retail stores in the future.
II. Customer preferences vary depending on the type of product being purchased.
III. Online platforms are successful only because of competitive pricing.
Analysis:
I. E-commerce will completely replace traditional retail stores – False (The statement says some products still require in-store shopping, so complete replacement cannot be concluded.)
II. Customer preferences vary depending on the type of product – True (The statement clearly mentions that some products like luxury goods and groceries are still preferred in stores.)
III. Online platforms are successful only because of competitive pricing – False (The statement mentions both convenience and pricing, so success is not only due to pricing.)
Thus, Only Conclusion II follows.