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Subjects
Class 12Business StudiesBusiness EnvironmentTechnological environmentEasy
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A food company starts accepting online payments. This is most related to which environment?

Answer and explanation

Correct answer: Technological environment

Online payment depends on digital technology. In exams connect payment technology with technological environment.

Related tags

Business-EnvironmentTechnological-EnvironmentOnline-PaymentTechnological EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq
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10 more MCQs
  1. 1In which situation has the entrepreneur made an innovation?
  2. 2If new mobile technology changes customers' buying habits, which environment does it indicate?
  3. 3Internet speed improves in a city and demand for online services rises. This is the effect of which environment?
  4. 4If new digital technology reduces distribution cost and speeds up customer service, what does it show?
  5. 5If a new machine produces faster than the old method, which external component is shown?
  6. 6New machines and automation are related to which dimension of the business environment?
  7. 7Progress in research and development is linked with which dimension of the business environment?
  8. 8Growing use of mobile banking is related to which dimension of the business environment?
  9. 9Installing an automatic packing machine in a factory is related to which dimension of the business environment?
  10. 10Installing internet based monitoring system in a factory is an example of which dimension?
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