Question

In: Operations Management

Discuss the global opportunities that are available for technopreneurs. (15 marks)

Discuss the global opportunities that are available for technopreneurs.

Solutions

Expert Solution

In the digital era, the technopreneurs are availed with global opportunities to undertake a wide range of business activities into different genres. The technopreneurs are having long set technical areas that can be implanted in work standards to run businesses online. The online businesses are much convenient to make a global outreach, the technopreneurs are having opportunities to coming up with new ideas of making business by utilizing technology.   

The most concentrated sector running in the present times is the online cab booking system. The process is entirely technology-dependent and the technopreneurs can successfully lead the business across different countries of the world. For example, UBER is the global platform used for online cab booking system and technopreneurs can run their business in such types of areas. The entire process is conducted on mobile applications with the help of the internet.

The customers all around the globe are registered on such applications to avail services and as per requirement; the customer's book cab for their preferred choice of ride destination. Through GPS (Global Positioning System) tracker, the customer’s locations are being traced and in this way, the customer avails the facilities and pays the fees as traveling distances. This is one example of global opportunities that are available for technopreneurs to make it use to lead a business process.      

The second example is digital marketing that is used to boost the websites of different companies to strengthen the business process. Many technopreneurs have landed on the platform of digital marketing business and such a process involves the internet and a computer. The technopreneurs get in touch with many global and local clients who have designed their websites to sell products in the market. However, due to not having a stable rank or lesser marketing idea, the website is not being promoted to the top search list. The technopreneurs work on this area to make a website rank higher for boosting up the business level for companies.

The technopreneurs have ample of scope to choose this path and can get global opportunities to undertake business activities. The technopreneurs can take up the project from the customers of the global range and work on websites to upscale the visitor’s traffic. It will enhance the sales graph of their business and not only websites, but such a process can also be done for social media platforms to engage customers to sell particular product based categories. In this way, the technopreneurs can lead the business process and there remain many opportunities available to them with the use of technology.                                                                                  


Related Solutions

Discuss global market opportunities for the healthcare industry.
Discuss global market opportunities for the healthcare industry.
13.) Discuss opportunities available to member countries of NAFTA as well difficulties or problems – economic,...
13.) Discuss opportunities available to member countries of NAFTA as well difficulties or problems – economic, political, social, Give your analysis of the problem.
Illustrate the career opportunities available to a finance graduate.
1.a.Illustrate the career opportunities available to a finance graduate.2b.What action could be taken to remove a management team if it departs form the goal of maximizing wealth?2c.What are ratios? What are the uses of ratios?2d.Distinguish between the following:Spot market and Futures marketMoney market and capital market2e.Why are financial markets essential for a healthy economy?2
Discuss the extent to which decision making is relevant in an organisation. ( 15 marks) ANSWER...
Discuss the extent to which decision making is relevant in an organisation. ( 15 marks) ANSWER THE QUESTION IN NEARLY 1000 WORDS.
Question 11 [15 marks] Global Sweet Imports (Pty) Ltd imports sweets from Italy and sells the...
Question 11 [15 marks] Global Sweet Imports (Pty) Ltd imports sweets from Italy and sells the sweets to local retailers in Cape Town. The financial manager provided you with the following information and requires your assistance in compiling the cash budget for the next 3 months (August, September and October). Sales for June was R450 000 and July was R500 000. The budgeted sales for the next three months are: August – R550 000 September – R300 000 October –...
(a) Critically discuss the ‘Guiding Principles’ and the ‘key elements’ of integrated reporting. [15 marks] (b)...
(a) Critically discuss the ‘Guiding Principles’ and the ‘key elements’ of integrated reporting. [15 marks] (b) Discuss the major corporate governance models around the world, and critically evaluate the key differences across different corporate governance models .[15 marks] total word limit should be 800 words please
What leisure opportunities were available to immigrants in New York City? How did those opportunities differ...
What leisure opportunities were available to immigrants in New York City? How did those opportunities differ for men and women?
What are some of the issues that arise as a result of new global business opportunities...
What are some of the issues that arise as a result of new global business opportunities and how can businesses be more prepared to address such issues? Please do not be overly brief or generic
Discuss the reasons why most organizations have chosen to incorporate projects in their organizations (15 Marks
Discuss the reasons why most organizations have chosen to incorporate projects in their organizations (15 Marks
15 marks) Describe the conceptual issues associated with externalities in both space and time. Discuss policy...
15 marks) Describe the conceptual issues associated with externalities in both space and time. Discuss policy options for the control of regional pollutants such as acid rain. Analyze the level of economic efficiency of each option. Please explain the full question, but do not copy and paste from the internet.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT