Harvard student Mark Zuckerberg came up with the idea for Facebook as a way to provide a forum for students on his college campus to network and display pictures of themselves and their friends. Today, Facebook has a market value of approximately $750 million and media giants such as Google and Yahoo have been trying to outbid each other for ownership. What reason for starting a small business does the creation of Facebook BEST represent?

Question

Quizplus · Accepted Answer

The creation of Facebook represents the reason for starting a small business as opportunity knocks, as Zuckerberg saw a gap in the market and an opportunity to create a social networking platform for his college campus.

Harvard Student Mark Zuckerberg Came Up with the Idea for Facebook