Scientific and technological advancements in a specific industry, as well as in society at large, are included in which general environment dimension?
A) Sociocultural
B) Legal-political
C) Economic
D) Technological
E) Corporate culture

Question

Quizplus · Accepted Answer

Scientific and technological advancements fall under the Technological dimension of the general environment, which includes innovations and advancements in technology that shape the industry and society. The Sociocultural dimension relates to cultural values and attitudes that shape consumer behavior, while the Legal-political dimension includes laws and regulations that affect the industry. The Economic dimension refers to economic conditions like inflation and recession, and the Corporate culture dimension relates to the values and beliefs within an organization.

Scientific and Technological Advancements in a Specific Industry, as Well