8 Views

Question : Case Study 13:

XYZ Corp. is a service-based company that has been impacted by advancements in information technology. The company is facing the challenge of adopting digital technologies to stay competitive.

Q:- How can understanding the technological environment benefit XYZ Corp. in adopting digital technologies?
 

 

 

 

Option 1: By expanding into new markets

Option 2: By implementing cost-cutting measures

Option 3: By investing in research and development of digital technologies

 

Option 4: By diversifying into unrelated businesses


Team Careers360 17th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: By investing in research and development of digital technologies

 


Solution : The correct answer is (C) By investing in research and development of digital technologies

Understanding the technological environment can benefit XYZ Corp. in adopting digital technologies by enabling the company to invest in research and development of digital technologies. This approach allows the company to stay competitive and innovative by developing or acquiring the necessary digital tools, systems, and capabilities to adapt to the changing technological landscape.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
VIT - VITEEE 2026
Apply
National level exam conducted by VIT University, Vellore | Ranked #16 by NIRF for Engg. | NAAC A++ Accredited
RV University, Bangalore | La...
Apply
Excellent curriculum; an impressive range of electives, besides core law courses. Up to 100% merit scholarship on a first-come, first-served basis
Amity University-Noida M.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Amity University-Noida MBA Ad...
Apply
Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.
Great Lakes Institute of Mana...
Apply
Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books