Question

3. Describe at least one global trend that you think offers a business opportunity in the global marketplace. (2-5 sentences. 2.0 points)

Answer 1

One global trend I think offers a business opportunity in the global marketplace is the internet. With the internet customers can shop a store from virtually anywhere in the country. A small store such as local boutiques become a big hit with online shoppers.

Answer 2

E-commerce is one of the biggest trends in terms of marketplace.

Step-by-step explanation:

E-commerce means that all marketing, shopping and selling is done on the internet, by the use of computers, mobiles and applications. Customers do not need to go out of their houses or big companies do not need to move out of their buildings to get into what they want, they just need to access webstores and/or applications for the specific things they are looking for. All of them have delivery fees, but most of them have promotions and discounts.