Download App

Business Environment — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesBusiness Environment1 Mark
Question
What is technological environment? Give an example for the same.
✓

Answer

Technological environment refers to the changes in the output, production methods, use of equipment and quality of product. It includes forces related to scientific innovations and improvements in products as well as production technology.
For example, with recent improvements in technology and computerisation, marketing and selling of products in now possible online leading to increase in sales and output of many firms.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Business Environment→Business Environment — all question types→Business Studies STD 12 Commerce question papers→CBSE Board STD 12 Commerce question papers→CBSE Board question paper generator→

Similar questions

Planning ensures clarity in thoughts and actions, work is carried on smoothly without an interruptions. Which importance of planning is mentioned here?
→
Which function of management ensures that actual activities confirm to planned activities?
→
The greatest number of managerial level in an organisation makes it more complex. This statement is about which type of barrier to communication?
→
Mohan, the manager of a business undertaking is very lax with his fellow employees and subordinates. He does not give them parameters or rules for reporting to work and completion of assignments.
Which principle of management is being overlooked and why? Give one violating effect.
→
How are policy and strategy connected with each other?
→
What is the role of ‘Leasing’ in determining the requirement of fixed capital?
→
Dinesh has 100 equity shares of a company. He wants to sell 500 of these shares. Which market should he approach?
→
State any two semantic barriers of communication.
→
Give the meaning of ‘Method’ as a type of plan.
→
In case of high fixed operating cost, company should prefer debt or equity?
→