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Class 12 Business Studies Business Environment Technological environmentHard

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A manufacturer invests heavily in new technology but customers are not yet ready in the market. Which technological challenge is shown?

Answer and explanation

Correct answer: Timing mismatch in technology adoption

For technology to succeed market acceptance is also needed. In exams distinguish technological capability from market readiness.

Related tags

Business-Environment Technological-Environment Technology-Adoption Market-Readiness Technological Environment Business Environment Business Studies Class 12 Mcq

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