Consider the following statements.
Statement 1: E-commerce has led to a decline in the importance of location for businesses.
Statement 2: E-commerce has made it more difficult for consumers to build relationships with local businesses.
Choose the correct option from below:
1
Both statements are true.
2
Both statements are false.
3
Statement 1 is true, but statement 2 is false.
4
Statement 1 is false, but statement 2 is true.