The emergence of technology has created new markets for companies.Which of the following represents an example of this new market tendency?
A)The construction of convenience stores that replace service stations.
B)Listing of ingredients on the side panel labels of products distributed worldwide.
C)Newspapers being distributed online as opposed to physically on newsprint.
D)Storage facilities rented just on time.

Question

Quizplus · Accepted Answer

The distribution of newspapers online is an example of how technology has created a new market for news media outlets. With more and more people accessing news online, newspapers have had to adapt and offer their content electronically to stay competitive. Options A, B, and D do not necessarily represent new markets created by technology, but rather new developments or changes within already-existing markets.

The Emergence of Technology Has Created New Markets for Companies