Which environmental factor refers to the overall state of technology and its impact on businesses, societies, and the environment?
Understand the Problem
The question is asking which environmental factor relates to technology and its effects on businesses, societies, and the environment. It presents multiple-choice options to identify the correct one.
Answer
Technological environment.
The environmental factor that refers to the overall state of technology and its impact on businesses, societies, and the environment is the 'technological environment.'
Answer for screen readers
The environmental factor that refers to the overall state of technology and its impact on businesses, societies, and the environment is the 'technological environment.'
More Information
The technological environment encompasses the changes and advancements in technology that affect the way businesses operate and interact with society and the environment.
Tips
Confusing technological environment with economic or sociocultural factors, as they all impact businesses in different ways. Understanding each factor's unique influence helps avoid errors.
Sources
- What is Technological Environment? Factors, Examples, & Strategy - thembains.com
- Technological - BUSN - Business Environment - libguides.ucalgary.ca
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