Matching skills and resources to changing technology


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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