ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Technological advancements have made it possible for some entrepreneurs to
A
eliminate the need to pay taxes
B
reduce the need for financial records.
C
run their businesses with no resources
D
operate their businesses entirely from their computers
Explanation: 

Detailed explanation-1: -Mobile phones have made the work of an entrepreneur much easier. Making appointments with clients or investors, reaching out to people becomes so easy when you have a device in hand that need nothing but signals. Internet, emails and now VoIP are becoming a companies’ card to save money and making life easier.

Detailed explanation-2: -Technology entrepreneurship is a style of business leadership based on the process of identifying high-potential, technology-intensive business opportunities, gathering resources such as talent and cash, and managing rapid growth using principled, real-time decision-making skills.

Detailed explanation-3: -No matter what industry you work in, staying on top of the latest tech trends gives your business a competitive advantage. By implementing cutting-edge technology, you’ll not only streamline your processes, but you’ll also differentiate yourself from your competitors.

There is 1 question to complete.