What are the Challenges Faced Due to Technological Constraints?
Entrepreneurs face multiple challenges due to limited access to advanced technology:
1. Limited Market Reach: Without digital marketing tools and platforms, reaching a global audience becomes difficult. 2. Inefficiency: Manual processes consume more time and are prone to errors, affecting productivity and quality. 3. Inability to Innovate: Lack of resources for research and development stifles innovation. 4. Competitive Disadvantage: Competitors with access to better technology can offer superior products and services, capturing larger market shares.