2ND PERIODICAL TEST TLE - Entrepreneurship

Which of the following is a key benefit of technology for entrepreneurs?

• Slower communication

• Higher costs

• Faster operations and communication

• Limited market reach

Technology helps entrepreneurs by:

• Reducing productivity

• Increasing market access

• Limiting customer interaction

• Preventing business growth

What is one way technology increases efficiency for entrepreneurs?

• By automating tasks

• By decreasing revenue

• By reducing product quality

• By complicating operations

Technology enables entrepreneurs to:

• Expand their market globally

• Operate only locally

• Avoid customer engagement

• Increase manual labor

Digital tools allow entrepreneurs to:

• Track business performance easily

• Spend more time on manual tasks

• Communicate only via letters

• Ignore customer preferences

Which of these is NOT a benefit of technology for entrepreneurs?

• Automating repetitive tasks

• Slowing down decision-making

• Improving marketing strategies

• Enhancing customer service

Using technology, entrepreneurs can:

• Use online platforms to sell products

• Only rely on physical stores

• Avoid customer feedback

• Spend more on advertising

Cloud storage helps entrepreneurs by:

• Increasing paper use

• Keeping data organized and accessible

• Making data harder to share

• Reducing business security

Technology improves customer interaction through:

• Advanced email marketing tools

• Slower communication methods

• Manual messaging

• Ignoring customer feedback

One way technology reduces costs for entrepreneurs is by:

• Eliminating the need for automation

• Reducing the number of online sales

• Using digital marketing instead of traditional advertising

• Limiting the customer base