Q15
Which environment can create new market and new business segments?
A.
Political environment
B.
Economic environment
C.
Socio cultural environment
D.
Technological environment
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Technological environment can create new market and new business segments. Technological environment refers to the state of science and technology in the country and related aspects such as rate of technological progress, institutional arrangements for development and application of new technology, etc.