Which of the following statements is true of the technological environment of business?
A) It helps firms that find it difficult to integrate new approaches.
B) The rise of digital networks hinders individualized buying experience.
C) It is beneficial for firms that are slow to adopt new innovations.
D) It represents a rich source of competitive advantage for fast-moving firms.

Question

Quizplus · Accepted Answer

Fast-moving firms can leverage the technological environment to gain a competitive advantage by quickly adopting and integrating new technologies, which can improve efficiency, innovation, and customer experience.

Which of the Following Statements Is True of the Technological