Increasing trends towards E-Commerce” is an example of :
(A) Economic Environment
(B) Technological environment
(C) Social environment
(D) Political environment
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Answer:
option C social environment is your answer
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It is an example of option B: Technological environment.
- E-commerce refers to the internet market where customers purchase goods from commercial websites.
- Because of technology advancements on this platform, there is a growing trend toward using it.
- Customers' wants are met in a variety of ways due to technological advances.
- This is an example of a technological setting or tech environment.
- People can quickly search for their preferred goods from a large number of products using a computer or a mobile phone.
- Also, online payment methods have made shopping easier, and buyers no longer have to travel long distances to find the things they want.
- As a result, it is a technological environment.
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