New and improved technologies rapidly create and support substitutes for products, alternative service options, and superb quality. This is an example of ________ pressures.
A)Economic
B)Market
C)Social
D)Technology

Question

Quizplus · Accepted Answer

The statement mentions the advancements in technologies that create substitutes, alternative options and better quality. This indicates technological pressures, and hence the correct answer is D. Economic pressures relate to financial and resource constraints, market pressures refer to competitive and customer demands, and social pressures are based on societal and cultural changes.

New and Improved Technologies Rapidly Create and Support Substitutes for Products