Question

_____________ change is a potent form for the reconfiguration of industrial boundaries.​

Answer 1

Answer:

Technological is the correct answer

Answer 2

The change is technological.

• It is a powerful force in reshaping industrial boundaries and has the ability to extend or constrict widely accepted industry boundaries.
• Companies may find themselves in a different line of business as a result of technical advancements caused by them or others.
• In many industries, technological development is a dominant force in defining competitive dynamics and is one of the major reasons that leads to product replacement and differentiation.
• It has an impact on industry boundaries and structure, product replacement and differentiation, and product price-quality connections.