Which of the following factors would influence a company's decision to change its production process?...
MARKETING
WAEC 2023
Which of the following factors would influence a company's decision to change its production process?
- A. Demographic factor
- B. Social factor
- C. Political factor
- D. Technological factor
Correct Answer: D. Technological factor
Explanation
Teachnogical factors include production techniques, information and communication resources etc. These affect how an organisation operates, sells its products, interacts with, and gathers intelligence on customers, suppliers and competitors.
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