How does electronic commerce benefit small businesses?
A)Small businesses are often more "tech savvy" allowing quicker adoption of innovations.
B)Large businesses may not push the consumer towards the Internet resulting in small businesses being able to gain customers.
C)E-commerce allows small businesses to expand beyond local markets without having to make a large investment.
D)The government has committed significant resources to encourage small businesses to adopt an e-commerce business model.

Question

Quizplus · Accepted Answer

E-commerce provides small businesses with the ability to reach a wider range of customers and expand beyond their local markets without the need for a large investment. This can lead to increased sales and growth opportunities for small businesses. Option A may be true in some cases, but not necessarily a benefit of e-commerce specifically. Option B is not entirely accurate as large businesses are often leaders in e-commerce adoption. Option D is not true, as while the government may provide incentives for small businesses, there is no significant commitment of resources specific to e-commerce adoption.

How Does Electronic Commerce Benefit Small Businesses