What do you know about Technological environment?

1.	What do you know about Technological environment?
Answer» The development in the IT and telecommunications has created a global market. Technology is widely used in conducting market research for understanding the special needs of the customer. This dynamic environment also includes the following: 1. the level of technology available within the country 2. rate of change in technology 3. technology adopted by competitors 4. technological obsolescence

Answer»

The development in the IT and telecommunications has created a global market. Technology is widely used in conducting market research for understanding the special needs of the customer.

This dynamic environment also includes the following:

1. the level of technology available within the country

2. rate of change in technology

3. technology adopted by competitors

4. technological obsolescence

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What do you know about Technological environment?

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