Question

"Increase in the use of mobile phones and i-pods instead of papers and radio" refers to an example of key component of general environment of business. Identify the component of business environment. 

Options

• Technological

• Political

• Legal

• Economic

Answer 1

Technological

Explanation -

The state of science and technology in the country is referred to as the technical environment. The external environment of the organisation is related to the development element of technology.