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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

What do you know about Technological environment? - Commerce

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Question

What do you know about the Technological environment?

Short Note

Solution

The development in IT and telecommunications has created a global market. Technology is widely used in conducting market research for understanding the special needs of the customer. This dynamic environment also includes the following:

  • the level of technology available within the country
  • rate of change in technology
  • the technology adopted by competitors
  • technological obsolescence
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Types of Business Environment
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Chapter 19: Environmental Factors - Exercise [Page 164]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 19 Environmental Factors
Exercise | Q III. | Page 164
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