ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The importance of information and communication technology (ICT) to entrepreneurs is to ____
A
attract very few customers
B
enable the company to be visited without time restrictions
C
immediately get a customer to buy their product
D
maximized management costs
Explanation: 

Detailed explanation-1: -ICT makes a business more efficient, effective and promptly respond to customers’ needs. ICT can assist business activities including design, manufacturing, R&D, distribution and sales and feedback.

Detailed explanation-2: -It plays an important role which allows students to learn different concepts. It provides different technology to support the process of communication which is beneficial for the students. The spheres of education have changed the practices of the suitable emergence to facilitate higher education growth.

Detailed explanation-3: -Information and communications technology (ICT) plays a profound role in any business growth. It improves employee communication, automates many business operations, and enhances the transparency of your projects. That will enhance client and employee satisfaction, increase profits, and give you a chance to grow.

Detailed explanation-4: -Better work efficiency and data tracking. Greater accessibility and collaboration through cloud computing. 24/7 support and consistent software upgrades. Data safety, cyber security and important data backups in case of physical damage. Greater ease of access and customer satisfaction. 02-Jan-2019

There is 1 question to complete.