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Question
With a revolution taking place in the manufacturing of mobile phones with super class cameras, the business of cameras in the consumer market has taken a hit. Studies show that mobile phone photography has devastated the camera industry.
The dimension of business environment highlighted in the above case is:
Options
Economic Environment
Technological Environment
Social Environment
Political Environment
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Solution
With a revolution taking place in the manufacturing of mobile phones with super class cameras, the business of cameras in the consumer market has taken a hit. Studies show that mobile phone photography has devastated the camera industry.
The dimension of business environment highlighted in the above case is technological environment.
Explanation:
Manufacturing mobile phones with high-quality cameras is an example of a technological shift that has devastated the camera industry.
