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In which situation can technological environment force a manager to change pricing strategy?

Answer and explanation

Correct answer: When automation reduces costs and competitors start offering lower prices

Technology can change cost structure and create price pressure. In pricing questions, look at both cost and competition.

Related tags

Business-EnvironmentTechnological-EnvironmentHardClass-12Technological EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

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