Ryron Bank, a private bank, introduced Internet banking facilities for its customers after the government demonetized hundred dollar bills. Customers who were reluctant to use credit cards for their daily purchases were enthusiastic about this new option. In this context, which dimension of the business environment is affected the most?
A) The social environment
B) The technological environment
C) The political environment
D) The global environment

Question

Quizplus · Accepted Answer

The introduction of Internet banking facilities is primarily related to advancements and changes in technology, thus affecting the technological environment the most.

Ryron Bank, a Private Bank, Introduced Internet Banking Facilities for Its