eBay's UK Chief Says Brexit is Good for Business

The video discusses the role of eBay in connecting UK handmade products to the global market, highlighting the UK's position as a leading e-commerce market. It examines the impact of Brexit on UK exports and small businesses, emphasizing their agility in adapting to economic changes. The future of retail is explored through consumer trends, such as the rapid rise of fidget spinners, and the increasing importance of mobile engagement. The video suggests that small businesses' quick decision-making could offer lessons for the broader economy.

What is the UK's rank in the global e-commerce market?

• Fourth

• Second

• First

• Third

How did Brexit initially affect Funky Soap's business?

• Increased sales

• Immediate growth

• A slight dip in business

• No change

What percentage of people in Britain work for small and medium-sized enterprises (SMEs)?

• 75%

• 60%

• 45%

• 30%

What is a key advantage of small businesses according to the eBay boss?

• Extensive market research

• Ability to react quickly

• Large workforce

• High capital investment

What does the fidget spinner craze illustrate about consumer behavior?

• Consumers are not influenced by trends

• Consumer whims change rapidly

• Consumer trends are stable

• Consumers prefer traditional shopping