The Advent of the IPod Saw an Increase in the Downloading

question 172

Short Answer

The advent of the iPod saw an increase in the downloading of music from the internet. Music artists are noticing a decrease in the sales of their CDs, which is an effect of which dimension of the external environment?
Technological
Economic
Socio-cultural
Political
Global

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Definitions:

Artificial Intelligence

The capability of a computer or machine to imitate intelligent human behavior, including learning, reasoning, and problem-solving.

Blockchain Technologies

Digital ledger technology where transactions are recorded with an immutable cryptographic signature called a hash.

Environmental Scan

A strategic analysis tool used to understand the external and internal environment affecting an organization, including trends, opportunities, and threats.

Regulatory Force

External pressures from government bodies or regulatory agencies that influence or dictate certain behaviors within an industry or organization.