For fast-moving companies, what can the technological environment represent?
A) major threats
B) a rich source of competitive advantage
C) lower efficiency and effectiveness
D) employee resistance to change

Question

Quizplus · Accepted Answer

The technological environment can represent a rich source of competitive advantage for fast-moving companies, as they can leverage technology to innovate, streamline processes, and offer new products and services to customers faster than their competitors. While there may be some threats and challenges associated with technology, it ultimately presents a significant opportunity for companies that can adapt quickly and effectively. Lower efficiency and effectiveness, as well as employee resistance, are not necessarily inherent characteristics of the technological environment, but rather potential outcomes if companies do not effectively manage their technology adoption and implementation.

For Fast-Moving Companies, What Can the Technological Environment Represent