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On April 22nd Facebook agreed to buy 9.9% of Jio for $5.7bn. In February, after a long struggle, tentative approval was granted for WhatsApp to handle payments in India. The combined efforts of WhatsApp and Jio, said Reliance’s boss, Mukesh Ambani, would enable India’s 30m Kirana stores (small neighbourhood shops) to become critical components of e-commerce, able to receive orders and offer quick delivery through Whatsapp accounts—in contrast to the online-shopping business model that has made many local shops elsewhere in the world obsolete. It may be the deal’s biggest selling point.
Which of the following best explains why the Reliance’s boss reasoning is flawed?
(A) Facbook is not subsidiary of Whatsaapp
(B) Whatsapp is a subsidiary of Facebook
(C) Too much Indian data will go into foreign companies systems.
(D) Kirana stores might not be able to use Whatsapp.
(E) The online-shopping business model has made many local shops elsewhere in the world obsolete
Source:- created by neelavb
Which of the following best explains why the Reliance’s boss reasoning is flawed?
(A) Facbook is not subsidiary of Whatsaapp
(B) Whatsapp is a subsidiary of Facebook
(C) Too much Indian data will go into foreign companies systems.
(D) Kirana stores might not be able to use Whatsapp.
(E) The online-shopping business model has made many local shops elsewhere in the world obsolete
Source:- created by neelavb
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