Question

While analyzing technological environment, which of the following is not considered? (a) Capital Requirement (b) Current technology being used (C) Upcoming technologies relevant to business (d) The relations with the country creating the technology​

Answer 1

Answer:

Technological Environment of business includes forces relating to scientific improvement and innovations which provide new ways of producing goods and services and new methods and techniques of operating a business.

Hence, it is B)Current technology being used

Answer 2

We are required to give the correct answer to the question as to what will not be considered while analyzing the technological environment and the correct answer is d.

• Let us analyze the options one by one starting from the first option.
• The first option given is ' capital requirement ' and this is an important factor because only when we have the capital which is required can we use the technology present.
• The second option given to us is the current technology being used and while analyzing the technology we need to see how developed the technology is at present in the place. So this is an incorrect answer.
• The third option given to us is the upcoming technologies relevant to business and even this has to be considered while carrying out our analysis. So this is also an incorrect answer.
• The fourth option given to us is the relations with the country creating the technology. This answer is incorrect as this factor will not be considered while carrying out an analysis of the technological environment as if the relations are not good they will not even allow us to do our technological analysis.
• This factor will have to be decided on before we do our analysis of the technological environment.
• Therefore, from the above, it is evident that the correct answer is d.

PROJECT CODE:#SPJ2