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How did technological changes affect business organizations after the new reforms?

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Question

How did technological changes affect business organizations after the new reforms?

Options

  • Technology was ignored.

  • The technological environment remained static.

  • Businesses faced tremendous changes in technology and needed to adapt.

  • Only small firms adopted technology.

MCQ
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Solution

Businesses faced tremendous changes in technology and needed to adapt.

Explanation:

Businesses had to regularly upgrade and adjust to rapidly evolving technologies to remain competitive.

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