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A company adopted a machine learning model for production forecasting. Which dimension is related?

Answer and explanation

Correct answer: Technological dimension

The governing concept is that the technological environment consists of scientific knowledge, innovations, tools and methods that improve or alter business operations. A machine-learning model analyses production data, identifies patterns and generates forecasts, helping the company plan capacity, materials and schedules. This is a direct use of information technology and artificial intelligence, so option B, the technological dimension, is correct. A political dimension would relate to government direction or stability, a legal dimension to rules or compliance, and a social dimension to demographic or cultural change. The business purpose of forecasting does not make the factor economic; the relevant environmental change is the adoption of the technology.

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Business EnvironmentTechnological EnvironmentMachine LearningBusiness StudiesClass 12 Mcq

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