Question : 'Increasing trend towards E-commerce' is an example of:
Option 1: Economic environment
Option 2: Technological environment
Option 3: Social environment
Option 4: Political environment
Answer (1)
25th Jan, 2024
Correct Answer: Technological environment
Solution :
Technological environment includes forces related to scientific improvement and innovation which provide new ways of producing goods and service. Online sale of grocery item, Online booking of tickets. Increasing trend towards E-commerce.
Hence, option 2 is the correct answer.
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