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Class 12 Business Studies Business Environment Technological environmentEasy

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What problem may a company face if it delays adopting new technology?

Answer and explanation

Correct answer: Falling behind in competition

A company may fall behind in competition if it does not adopt new technology. In exams treat technological change as both threat and opportunity.

Related tags

Business-Environment Technological-Environment Competition-Risk Technological Environment Business Environment Business Studies Class 12 Mcq

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