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Online meeting tools can reduce which cost in business?

Answer and explanation

Correct answer: Travel cost

Online meeting tools allow employees, customers, and business partners to connect remotely. This can reduce travel, fuel, ticket, and accommodation expenses for meetings, so travel cost is correct. Tax on raw materials is determined by government tax policy and is not directly reduced by online meetings. Exam tip: In questions on technological environment, identify the business cost or process made more efficient by technology.

Related tags

Business EnvironmentTechnological EnvironmentOnline MeetingsTravel CostCost ReductionBusiness StudiesClass 12 Mcq

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