Final answer:
Globalization has spurred the entry of small businesses into the global arena by creating opportunities to expand markets and sell products or services globally.
Step-by-step explanation:
The correct answer is B: Globalization.
Globalization refers to the increasing interconnection and interdependence of countries and businesses around the world. It has played a major role in spurring the entry of small businesses into the global arena.
With globalization, reductions in trade barriers, improved transportation, and communication media have made people more aware of what is available in the rest of the world. This has created opportunities for small businesses to expand their markets and sell their products or services globally.