Which of the following best describes the technological environment in business?
Practice Questions
Q1
Which of the following best describes the technological environment in business?
The influence of social media on marketing
The impact of government regulations
The availability of financial resources
The state of the economy
Questions & Step-by-Step Solutions
Which of the following best describes the technological environment in business?
Correct Answer: Technological advancements and innovations
Step 1: Understand that the technological environment refers to all the tools, systems, and innovations that businesses use.
Step 2: Recognize that this environment includes things like computers, software, the internet, and new technologies.
Step 3: Realize that advancements in technology can change how businesses operate, such as improving efficiency or creating new ways to reach customers.
Step 4: Acknowledge that the technological environment also affects how products are marketed, like using social media or online advertising.