Which of the following statements is True of digitization?
A) It lowers the entry barriers to start-ups in many areas.
B) It lowers the competition that established organizations face from unexpected areas.
C) It lowers the number of employees displaced by automation.
D) It lowers the need for cloud computing.

Question

Quizplus · Accepted Answer

Digitization allows for smaller start-ups to enter industries more easily since they do not require the same physical infrastructure or resources as larger established organizations. This lowers the entry barriers for new businesses.

Which of the Following Statements Is True of Digitization