Statement: “The gestation period for an online business is a tenth or a hundredth of that in the physical world.” Assumptions: I. Business through the internet is preferable to traditional business. II. Saving time is very important in business.

Introduction / Context:The statement contrasts time-to-launch for online vs physical businesses, claiming dramatic time savings online. We evaluate assumptions.

Given Data:Only relative gestation periods are discussed; preference is not stated.

Concept / Approach:Highlighting a time advantage presumes time matters to business decisions.

Step-by-Step Solution:I: “Preferable” does not necessarily follow; other factors (margins, regulation, differentiation) also matter. Preference is not assumed. Not implicit.II: If saving time were unimportant, the comparison would be pointless. Hence II is implicit.

Verification / Alternative check:Even if online is faster, a business could still choose physical for other reasons; the statement merely underscores time.

Why Other Options Are Wrong:Any choice affirming I misreads a relative claim as a preference claim.

Common Pitfalls:Equating “faster” with “better overall”.

Final Answer:Only assumption II is implicit.