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Which balanced impact of the technological environment on micro enterprises is correct?

Answer and explanation

Correct answer: Low-cost digital tools give opportunities but also increase the need to learn

The governing concept is that the technological environment creates both opportunities and challenges for business organisations. Micro enterprises can use affordable smartphones, cloud services, digital payment systems, social media and online marketplaces to reach customers, reduce transaction time and compete beyond their local area. However, owners and workers must learn new tools, protect information and adapt to changing platforms. Thus option B gives the balanced impact. Option A is incorrect because technology is not only harmful; option C is an absolute claim contradicted by low-cost tools; and option D is wrong because technology supports accounting but does not remove the need for records, control and compliance.

Related tags

Business-EnvironmentTechnological-EnvironmentMicro-EnterprisesDigital-ToolsTechnological EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

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