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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:- What does the term "technological advancements" refer to?
 

 

 

Option 1: The process of reducing government intervention in the economy

Option 2: The process of nationalizing private companies

Option 3: The process of promoting import restrictions

 

Option 4: The development and implementation of new technologies


Team Careers360 16th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: The development and implementation of new technologies


Solution : The correct answer is (D) The development and implementation of new technologies

The term "technological advancements" refers to the development and implementation of new technologies. It encompasses the progress, innovation, and improvements in various fields of technology, including information technology, manufacturing, communication, and more. Technological advancements often lead to the creation of new products, services, and processes that can transform industries and businesses.

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