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Class 12 Business Studies Business Environment Technological environmentExpert

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Two different technological standards are competing in an industry and customers are delaying decisions. This indicates which situation?

Answer and explanation

Correct answer: Technology standards war

In a standards war, customers may wait to avoid choosing the wrong technology. In exams, understand standards and compatibility together.

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Business-Environment Technological-Environment Expert Class-12 Technological Environment Business Environment Business Studies Class 12 Mcq

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