Which of the following options has drastically reduced the costs of operating and transacting on a global scale?

A. Internet

B. Social network

C. Intranet

D. Extranet

E. Value network

Answer: Internet.

Explanation:

The internet is an interconnecting platform, where computer users from different locations around the world can easily share information and communicate among themselves. The internet has reduced the cost of doing business, because a person does not need to be physically present to transact business, as most transactions can now be completed over the internet.