BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS COMMUNICATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is NOT an example of changing technology factor?
A
Telecommuting
B
Databases
C
Team roles
D
Software applications
Explanation: 

Detailed explanation-1: -Expert-Verified Answer The social environment refers to the environment which is surrounded by a social setting in which the people act upon. Thus technological factor does not come under the social environment.

Detailed explanation-2: -Technological factors include production techniques, information and communication resources, production, logistics, marketing, and e-commerce technologies.

Detailed explanation-3: -Technological change brings efficiency into production processes and labour performance. There are many types of efficiency; two of the most relevant for us are productive efficiency and dynamic efficiency. Productive efficiency is the level of output achieved at the average cost of production.

Detailed explanation-4: -The four elements of technological change – invention, innovation, imitation and learning – are defined, and a distinction drawn between codified and tacit knowledge. The ‘neighbourhood effect’ and ‘networks’ affect the spread of technology.

There is 1 question to complete.