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The growing use of online payments shows which effect of the technological environment?

Answer and explanation

Correct answer: Growth of digital transactions

The technological environment describes how technology changes the way people, organisations, and markets operate. Online payment uses digital devices, communication networks, and electronic systems to transfer money without requiring a physical cash exchange. Its increasing use therefore indicates the expansion of digital methods in economic activity.

Option D, growth of digital transactions, directly matches this effect. Option A says dependence on cash is increasing, which is opposite to the usual implication of growing online payments. Options B and C concern taxation and population, which belong mainly to other parts of the business environment rather than the technological effect shown here. The important clue is the word online: it points to a technology-enabled transaction. Hence the supplied answer D is appropriate.

Related tags

Digital PaymentBusiness EnvironmentClass 12

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