- 4 Marks
CSEG – Nov 2017 – L2 – Q4c – Analysing the external environment
Identify and explain four effects of technological change on organizations.
Question
Technology is one of the most powerful forces within the external business environment that has significantly changed how business is conducted, especially within the 21st Century. For instance, information technology (IT), when well exploited, can have a significant impact on all five forces of competition.
Required:
Identify FOUR effects of technological change on organizations. (4 marks)
Find Related Questions by Tags, levels, etc.
- Tags: External Environment, Strategic Impact, Technological Change
- Level: Level 2
- Topic: Analysing the external environment
- Series: NOV 2017
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