Which of the following is the MOST significant recent trend in small-business start-ups? A) Entrepreneurs who cross over from big business, B) Increased opportunities for minorities, C) Increased opportunities for women, D) Emergence of e-commerce, E) Global economic downturn

Marketing Dec 20, 2020

Which of the following is the MOST significant recent trend in small-business start-ups?

A) Entrepreneurs who cross over from big business,

B) Increased opportunities for minorities,

C) Increased opportunities for women,

D) Emergence of e-commerce,

E) Global economic downturn.

Expert Solution

The correct answer is D) Emergence of e-commerce.

This is because e-commerce enabled small-business start-ups to overcome the limitation of geographical boundaries. Along with that, an entrepreneur can run their business at a low cost.

Other options are incorrect because

Option A is incorrect because starting a small-business after working for a big business can be seen at any time of the year.
Option B and C are incorrect because even though increased opportunities for minorities and women are trendy, they're not the most significant one.
Option E is incorrect because an economic downturn reduces business opportunities.

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