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Subjects

Business Studies

Technological environment

Technological environment, a dimension of Business Environment in Class 12 Business Studies, explains how advances in science, technology and business methods affect organisations. Students learn how innovation, research and development, automation, digital communication, e-commerce and digital payments can change production, marketing, distribution and customer service. The topic also highlights opportunities such as greater efficiency and new markets, along with challenges including technological obsolescence, changing customer expectations and the need for timely adaptation.

Expert · Level 3 · 25 questions

Practice questions

01In which situation does the technological environment make an old product irrelevant most quickly?

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Answer and explanation

02A bank introduced mobile payments and instant transfer facilities to reduce branch queues. Which technological impact does this show?

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03Which managerial decision carries the highest risk of ignoring the technological environment?

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04When a company continuously spends on research and development what is its main objective?

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05Which example clearly shows a change in production technology?

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06In which circumstance does the technological environment become an opportunity for business?

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07Which statement best explains the dynamic nature of the technological environment?

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08A retailer adopted a coded scanning system for inventory management. What will be the main benefit?

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09If a company adopts new technology but does not train employees which risk will increase?

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10With the growth of online education platforms what pressure can arise on businesses selling printed notes?

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11Which example shows technology increasing market reach?

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12What is the most appropriate business impact of artificial intelligence based customer support?

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13In which situation does the technological environment become a threat to business?

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14After adopting automation which decision becomes most important in the initial period?

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15Which statement gives the correct relation between technological environment and innovation?

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16Which example shows the technological environment changing consumer expectations?

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17Which technological change can reduce the role of intermediaries in some sectors?

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18What is the main use of technological forecasting?

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19If a competitor installs an energy saving machine and your company uses an old machine what is the best response?

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20What direct benefit can a small business get by adopting digital payments?

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21In which case does cybersecurity become an essential part of the technological environment?

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22Which option shows an indirect impact of the technological environment?

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23What is the main technological benefit of adopting a cloud based accounting system?

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24In which situation does patent protection become an important issue linked with the technological environment?

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25Which example shows technology changing the cost structure?

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