BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -It studies the process of technological change. Under the field of Technology Dynamics the process of technological change is explained by taking into account influences from “internal factors” as well as from “external factors".

Detailed explanation-2: -Technological innovation is the outcome of a dynamic, continuous process, which is composed of a sequence of actions that take place over a certain period of time. In other words, things do not occur statically over a specified duration of time, they occur dynamically with the lapse of time.

Detailed explanation-3: -In general, dynamic means “energetic or forceful, ” while static means “stationary.” In computer terminology, however, dynamic usually means “capable of action or change, ” while static means “fixed."

Detailed explanation-4: -Technological environment refers to the changes in the output, production methods, use of equipment and quality of the product. It includes force related to scientific innovations and improvements in products as well as production technology.

Detailed explanation-5: -Business environment is highly dynamic in nature and keeps on changing. So it is not static or rigid in nature and business environment need to be monitored continuously due to its dynamic nature. Therefore, Static nature is not a feature of business environment.