Mark the letter A, B, C or D on your answer sheet to indicate the best arrangement of utterances to make a meaningful text.

a. While many readers once relied on the daily paper for reliable updates, today’s audiences turn instead to digital platforms with convenient access.
b. In such a climate, the survival of any newspaper depends on its ability to adapt with modern models that preserve credibility while meeting digital demands.
c. This shift has led to shrinking circulation numbers and the closure of many local presses.
d. The decline of newspapers has become a defining feature of modern media.
e. Advertisers have also redirected their budgets towards online outlets, further eroding the financial stability of traditional journalism.