Asked by Basma Kassab on Sep 28, 2024

Since the introduction of the iPhone,a booming market for smartphone applications has emerged.It is most accurate to say that this new opportunity was created through changes in the ________ environment.

A) political and legal
B) technological
C) sociocultural
D) economic

Technological Environment

The aspect of the external business environment that relates to the development, availability, and application of technology affecting businesses.

  • Identify how technological advancements create new market opportunities.