Meaning and definition of technological environment
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External factors in technology that impact business operations. Changes in technology affect how a company will do business. A business may have to dramatically change their operating strategy as a result of changes in the technological environment.
General examples of Technological Factors affecting business include: The existence of 3Dtechnology.
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The technological environment is defined as the incorporation of technology and modern-day instruments in the environment and daily life.
Explanation:
- Examples of technological environment can be a school where there are different uses of technologies like electronic boards, projectors, Air conditioners, etc.
- Even our home is also a technological environment where there are chimneys, exhausts, geysers, taps for water, washing machines, refrigerators, televisions, air conditioners, lights, fans, etc.
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