Which of the Following Is Not a Major Business Trend

question 86

Multiple Choice

Which of the following is not a major business trend in e-commerce in 2013-2014?

• A)Social e-commerce continues to grow.
• B)Small businesses and entrepreneurs are hampered by the rising cost of market entry caused by increased presence of industry giants.
• C)Facebook grows to more than 1.1 billion users.
• D)Social and mobile advertising begins to challenge search engine marketing.

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Definitions:

Constant Sum Game

A situation in game theory where the total benefit to all players in the game remains constant, regardless of the distribution of gains among players.

Negotiating

The process of discussing something with someone in order to reach an agreement.

Maximum Willingness-To-Pay

The highest amount an individual is willing to spend to acquire a good or service.

Dominant Strategy

A strategy in game theory that is best for a player, no matter what the strategies chosen by other players, leading to an optimal outcome for the player regardless of opponent decisions.