Question

Technological conditions in the general environment include __________.

A. Philosophy and objectives of the political party or parties running the government, as well as laws and governmental regulations.
B. Inflation, income levels, gross domestic product, unemployment, and job outlook.
C. Norms, customs, and social values regarding human rights; trends in education and related social institutions; and demographic patterns in society.
D. Development and availability of technology, including scientific advancements.
E. Nature and conditions of the natural environment, including levels of public concern expressed through environmentalism.

Answer 1

Technological conditions in the general environment refer to development and availability of technology and scientific advancements, which are vital for a healthy economic climate and contribute to a nation's economic growth.

Step-by-step explanation:

Technological conditions in the general environment include the development and availability of technology, including scientific advancements. This encompasses everything from the latest innovations in information technology to progress in biotechnology and manufacturing. In an economic climate, it is recognized that a combination of physical and human capital deepening along with technological gains is crucial to sustaining economic growth.

Technological conditions have a profound impact on the productivity, operations, and long-term strategies of businesses as they adapt to technological gains and integrate them within their organizational frameworks. Moreover, the availability and progression of technology are key determinants in a nation's capability to compete in the global market and to offer a healthy climate for economic growth. Technology influences how markets operate and how businesses interact with customers and compete with each other.