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 organizations.

Answer 1

Answer: Technological component

Step-by-step explanation:

From the given case/scenario, we can state that this question best illustrates or demonstrates the effect of Technological component of an organization. Technological components are referred to or known as sets of the interconnected system that tend to store, transform, control or transport materials and information for several purposes.