Online sales from sources like iTunes and the rise of streaming services like Spotify have transformed the music business.Music artists are no longer earning their main income from physical sales of their music.This new reality is an example of which dimension of the external environment?
A)Technological
B)Economic
C)Socio-cultural
D)Political
E)Global

Question

Quizplus · Accepted Answer

The transformation in the music business due to online sales and streaming services is primarily driven by technological advancements, making it an example of the technological dimension of the external environment.

Online Sales from Sources Like ITunes and the Rise of Streaming