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What could happen to a business using outdated technology?

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Question

What could happen to a business using outdated technology?

Options

  • It gains more customers.

  • It loses competitiveness and customers.

  • It saves innovation costs.

  • It expands globally faster.

MCQ
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Solution

It loses competitiveness and customers.

Explanation:

Firms that do not update their technology risk losing customers and falling behind market rivals.

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