Question

In the last few years, there has been a sudden surge in the volume of online transactions. Most people don't want to carry a huge amount of cash with them. Instead, they prefer storing money in E-wallets. This gives the opportunity to many businessmen and new businesses like Mobikwik, Freecharge, Phone Pe, etc start mushrooming. The government is fully supporting them. Using these payment apps, customers can transfer money within seconds. Even investing has become so easy.
i. "Most of the people don't want to carry a huge amount of cash with them." Which dimension of Business Environment is highlighted here?
a. Legal Environment
b. Political Environment
c. Social Environment
d. Technological Environment​

Answer 1

I think Technological Environment.

Answer 2

D) technological
Hope it helps