Matching skills and resources to changing technology

Entrepreneurship-and-Communication-Skills-notes

For an entrepreneur to survive in the market, he must remain updated in the current technology. Appropriate and relevant technology has the following characteristics:-

  1. Simplicity – easy to use and not complicated
  2. Effective – producing quickly the services results and enhancing skills
  3. Readily available – for local entrepreneurs
  4. Durable – should be long lasting for a long time
  5. Cost effective – should be able to reduce overall cost of production
  6. Affordability – should be cheap to acquire



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