Question : Fill in the blanks-
New equipments, research and development, are the part of ____ environment.
Option 1: Economic environment
Option 2: Social environment
Option 3: Technological environment
Option 4: Political environment
Correct Answer:
Technological environment
Solution :
Technology environment includes forces relating to scientific improvement and innovation which provides new ways of producing goods and services and involvement of new methods and techniques for operating a business.
Hence Option C is correct.