Small Businesses Make Up the Majority of the Competitive Landscape

question 234

Multiple Choice

Small businesses make up the majority of the competitive landscape for most businesses. There are approximately ________ small businesses in the United States.

• A) 17 million
• B) 30 million
• C) 46 million
• D) 62 million
• E) 97 million

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Definitions:

Environmental Force

External factors, such as social, economic, technological, competitive, and regulatory conditions, that influence an organization’s operations and outcomes.

Personalized Marketing

A marketing strategy where promotional messages are tailored to individual consumers based on their preferences and behaviors.

Visual Search

The ability to search for information on the internet or within an application using images instead of text.

Artificial Intelligence

The capability of a computer or machine to imitate intelligent human behavior, including learning, reasoning, and problem-solving.