Technological Developments Over the Past Two Decades, Such as the Rise

question 12

Multiple Choice

Technological developments over the past two decades, such as the rise of the Internet and email, have:

• A)decreased the importance of entrepreneurship in the national economy.
• B)given small business owners more flexibility in business management.
• C)made it harder for small businesses to compete against large businesses.
• D)decreased the independence small businesses have in managing their businesses.

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Definitions:

DVD

A digital versatile disc (DVD) is a type of optical storage media used for video, audio, and data storage.

CD

A compact disc, a small plastic disc used to store data digitally, including music, images, or software.

Budget Constraint

The limits on the consumption bundles that a consumer can afford, based on their income and the prices of goods and services.

DVD

a digital storage format used to store high-quality video, audio, and data.