12 Questions
What is one advantage of using the internet for business?
Reaching customers globally
What is a disadvantage of starting an online business?
Higher security risks
Why might it be harder to build trust with online customers?
Inability to see or touch products
What does the text suggest about the internet's impact on business operation?
Transforms how companies operate
What characterizes commerce in the era of IR4.0?
Digital integration and global connectivity
How are entrepreneurs using online tools in the contemporary digital landscape?
To sell things, talk to customers, and build a community
What do customers expect in the contemporary digital landscape?
Personalized products, quick service, and more information about product origins
Why is keeping customer information safe online super important for businesses?
To build trust with customers and avoid data breaches
What has led to an increase in the importance of digital marketing and social media?
The digitalization of commerce and the rise of e-commerce platforms
What enables businesses to offer personalized shopping experiences in the era of IR4.0?
Advanced data analytics and AI
What technology allows for real-time tracking and optimization of supply chains in the era of IR4.0?
IoT and AI technologies
Which development has allowed brands to interact directly with consumers, bypassing traditional retailers and distributors?
Shift towards direct-to-consumer (D2C) models
Test your knowledge about commerce in the era of Industrial Revolution 4.0, focusing on digital integration, personalization, efficiency, global connectivity, and the agility of entrepreneurs in adapting to cyber-social development.
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