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Question : Case Study 2:

XYZ Corp. is a technology-based company that has been facing challenges due to rapid technological advancements in the industry.

Q:- Which dimension of the business environment is affecting XYZ Corp. in this case?
 

Option 1: Economic environment

Option 2: Social environment

Option 3: Technological environment

 

Option 4: Political environment


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Technological environment

 


Solution : The correct answer is (C) Technological environment

The challenges faced by XYZ Corp. due to rapid technological advancements in the industry are a result of changes in the technological environment. The technological environment includes factors related to advancements, innovations, and disruptions in technology that can significantly impact technology-based companies like XYZ Corp.

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