Question

When Zaprogs, a start-up, used the e-wallet system to develop an application for easy cashless transactions, a majority of people completely switched to online banking. As a result, a number of organizations that relied on hard cash transactions began to lose their business. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizationsA) technological componentB) sociocultural componentC) political componentD) economic component

Answer 1

The correct answer is A) technological component.

Step-by-step explanation:

In many cases, when talking about information systems and information technology in the business context. You tend to consider them the same thing. However, although they have a close relationship they are not the same.

One of the ways to evaluate what the ICT contribution a company requires is by analyzing each of the elements that make up the ICT. These elements are called technological components.