Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

What role do technological innovations play in the business landscape?

Options:

They have no impact on business

They provide limited opportunities

They create numerous opportunities and threats

They only benefit large enterprises

Correct Answer:

They create numerous opportunities and threats

Explanation:

Continuing innovations in different scientific and engineering fields such as lasers, robotics, biotechnology, food preservatives, medicine, telecommunication and synthetic fuels have provided numerous have all been responsible and creating new business opportunities and threats for many different enterprises.