Podcast
Questions and Answers
What is one advantage of using the internet for business?
What is one advantage of using the internet for business?
- Lower security risks
- Reaching customers globally (correct)
- Facing less competition
- Needing a physical store
What is a disadvantage of starting an online business?
What is a disadvantage of starting an online business?
- Limited competition
- 24/7 customer service
- Higher security risks (correct)
- Lower operational costs
Why might it be harder to build trust with online customers?
Why might it be harder to build trust with online customers?
- Inability to see or touch products (correct)
- More opportunities for customer interaction
- 24/7 accessibility to customers
- Physical presence of products
What does the text suggest about the internet's impact on business operation?
What does the text suggest about the internet's impact on business operation?
What characterizes commerce in the era of IR4.0?
What characterizes commerce in the era of IR4.0?
How are entrepreneurs using online tools in the contemporary digital landscape?
How are entrepreneurs using online tools in the contemporary digital landscape?
What do customers expect in the contemporary digital landscape?
What do customers expect in the contemporary digital landscape?
Why is keeping customer information safe online super important for businesses?
Why is keeping customer information safe online super important for businesses?
What has led to an increase in the importance of digital marketing and social media?
What has led to an increase in the importance of digital marketing and social media?
What enables businesses to offer personalized shopping experiences in the era of IR4.0?
What enables businesses to offer personalized shopping experiences in the era of IR4.0?
What technology allows for real-time tracking and optimization of supply chains in the era of IR4.0?
What technology allows for real-time tracking and optimization of supply chains in the era of IR4.0?
Which development has allowed brands to interact directly with consumers, bypassing traditional retailers and distributors?
Which development has allowed brands to interact directly with consumers, bypassing traditional retailers and distributors?
