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– Nelson Mandela

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Lesson 01 - Discussion

Lesson 01 - Discussion

Q Which of the entrepreneurial trends discussed in the chapter will have significant impact, and why? Big data has had a big impact because now entrepreneurs can quickly learn more about their businesses and how customers are responding than ever before using readily available analytical tools. The availability of this information improves decision making and performance. Apart from Big Data, what are the other trends discussed in the chapter that are having significant impact? Discussion Requirements: 1. Your initial post should be at least 200 words, written in APA style with a reference supporting your position (due by Saturday at 11:59pm each week). 2. Read, evaluate and compose a substantial in-depth response to at least two of your peers (these must be posted on two different days-- due by Tuesday at 11:59pm). 3. Correct grammar, spelling, and punctuation are expected.

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I think that digital anonymity as well as the lead startup movement will definitely have significant impact. This is because there can be compromise of anonymity of users of digital interfaces in future leading to lower percentages of customers showing interest in online purchases/transactions (Hussein et al., 2020). If digital anonymity is maintained with accuracy, there can be more customers getting added to the already existing online customer-database of organizations. There must be transparency in the activities conducted for balancing digital anonymity with business activities (Hussein et al., 2020). Otherwise, there can be negative impact on businesses because of poor sales percentages and low interest shown by customers after one customer identifies the breach of privacy by an organization.