Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Which of the following is an example of shifts in demand due to technological evolution?

Options:

From steam locomotives to diesel engines

From fountain pens to ballpoint pens

From typewriters to computer-based word processors

All of the above

Correct Answer:

All of the above

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. Shifts in demand from vaccum tubes to transistors, from steam locomotives to die seland electric engines, from fountain pens to ballpoint, from propeller airplanes to jets, and from typewriters to computer based word processors.