What major external business force has changed the way and the speed at which an organization conducts and transacts business?
A)Society
B)Economy
C)Government
D)Technology
E)Customers

Question

Quizplus · Accepted Answer

Technology has had a significant impact on the way organizations conduct and transact business, accelerating the speed of communication and creating new opportunities for business growth and expansion. Advances in technology have led to the creation of new platforms for conducting transactions, such as online marketplaces, e-commerce websites, and mobile apps, which have transformed the way organizations interact with customers and suppliers. Additionally, the emergence of cloud computing and big data analytics has enabled organizations to streamline their operations, enhance their decision-making capabilities, and improve their overall efficiency and effectiveness.

What Major External Business Force Has Changed the Way and the Speed