Question : Case Study 13:
XYZ Corp. is a service-based company that has been impacted by advancements in information technology. The company is facing the challenge of adopting digital technologies to stay competitive.
Q:- What is the business environment factor affecting XYZ Corp. in this case?
Option 1: Economic environment
Option 2: Technological environment
Option 3: Government policies
Option 4: Social environment
Correct Answer: Technological environment
Solution : The correct answer is (B) Technological environment
The business environment factor affecting XYZ Corp. in this case is the technological environment. The company is facing the challenge of adopting digital technologies to stay competitive, which is directly related to technological advancements in the industry.
Q:- How can understanding the technological
Q:- What does the term "technological
Question : Case Study 2:
XYZ Corp. is a technology-based company that has been facing challenges due to rapid technological advancements in the industry.
Q:- Which dimension of the business environment is affecting XYZ Corp. in this
Q:- How can understanding the technological environment benefit XYZ Corp.?
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