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Class 12Business StudiesBusiness EnvironmentTechnological environmentMedium
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How does studying technological environment help managers?

Answer and explanation

Correct answer: In planning according to changing technology

Technological information helps managers plan on time. In exams, consider the purpose of environmental study as identifying opportunities and threats.

Related tags

Business-EnvironmentTechnological-EnvironmentClass-12MediumTechnological 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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