Which of the following is a benefit that businesses receive from using the internet?

• A. Increased government regulation
• B. Reduced access to market information
• C. Ability to reach a larger customer base
• D. Higher transportation costs

Answer: (C)

Verified step by step guidance

1. Step 1: Understand the role of the internet in business operations. The internet primarily serves as a tool to improve communication, information access, and market reach.
2. Step 2: Analyze each option in terms of how the internet affects business benefits. Increased government regulation is generally not a benefit but a potential cost or constraint.
3. Step 3: Consider the option 'Reduced access to market information.' The internet actually increases access to market information, so this is not a benefit businesses receive from using the internet.
4. Step 4: Evaluate 'Ability to reach a larger customer base.' The internet allows businesses to connect with customers beyond their local area, expanding their market reach significantly.
5. Step 5: Assess 'Higher transportation costs.' The internet itself does not increase transportation costs; in many cases, it can reduce costs through better logistics and digital delivery methods.