Question

Scientific and technological advancements in a specific industry as well as in society at large are included in which general environment dimension? a. Legal-political dimension b. Sociocultural dimension c. Corporate culture dimension d. Technological dimension e. Economic dimension

Answer 1

The correct answer is d. Technological Dimension

Step-by-step explanation:

Technological advances in this time and age are essential to make an industry renew itself by introducing new competitors that will take advantage of cost-reducing, efficient new methods of producing something or providing a service. This concept is known as the Technological Dimension, and is one of the external factors that affect any Company or Enterprise.

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