Practice Modernisation - 5.5 | 3. Business Size and Finance | ICSE Class 12 Business Studies
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Modernisation

5.5 - Modernisation

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

Define modernisation in a business context.

💡 Hint: Think about how businesses update their systems.

Question 2 Easy

What is one benefit of modernisation?

💡 Hint: Consider how process improvements help companies operate better.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is modernisation in business?

A method of increasing financial risk
Adopting new technologies to improve operations
A process that does not impact customer satisfaction

💡 Hint: Think about the reasons businesses update their methods.

Question 2

True or False: Modernisation can lead to better customer satisfaction.

True
False

💡 Hint: Remember how technological improvements can affect customer experiences.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Analyze the potential risks involved in modernising a business and suggest mitigation strategies.

💡 Hint: Consider real-life cases where businesses faced challenges during modernisation.

Challenge 2 Hard

Evaluate how modernisation can differ in impact for various business sizes (micro, small, medium, large).

💡 Hint: Reflect on resource availability and agility in adopting changes.

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Reference links

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