Positive impacts of technology to entrepreneurs

Entrepreneurship-and-Communication-Skills-notes
  1. It results to increase productivity and therefore increased output
  2. It helps to reduce cost of production and results to greater profit margin
  3. It results to expansion of market through e-commerce and internet networking
  4. Increased income to the entrepreneur
  5. It slows down rural-urban migration of adopted in the rural areas
  6. It enhances business networking
  7. Leads to reduction of paper work and better control of data resources
  8. It enhances invention and innovation
  9. It saves time because of speed and thus enhances efficiency and accuracy to performance
  10. Creates/saves and reduces congestion as the employer can work away from
  11. It enables entrepreneur to survive competition
  12. It enhances communication both within and outside the organization

 

 



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