An increasing number of American workers currently work from their homes or remote offices and conduct their business by phone or the Internet. This trend has created a ________.
A) booming real estate market in the big cities
B) booming SOHO market
C) decline in the demand for convenience foods
D) decline in the demand for financial services
E) steady increase in global enterprises

Question

Quizplus · Accepted Answer

SOHO stands for Small Office/Home Office. With the increasing number of American workers working from their homes or remote offices, there is a growing demand for products and services catering to this market segment. This includes home office equipment, software, and technology, as well as services such as virtual assistants, bookkeeping, and marketing. Therefore, the trend has created a booming SOHO market. This market is expected to continue to grow as more workers shift to remote work, creating new business opportunities for entrepreneurs and established companies alike.

An Increasing Number of American Workers Currently Work from Their