Acme Global Corporation Created an Application That Allows Customers to Send

question 104

Multiple Choice

Acme Global Corporation created an application that allows customers to send in orders quickly and easily.Since rolling out the new app,orders have increased by 20 percent.This represents the influence of _______ in the external environment on the organization.

• A)labor force
• B)shareholders
• C)technology
• D)competition

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Definitions:

Google

A multinational technology company specializing in Internet-related services and products, including search engines, online advertising technologies, and software.

Monopolistic Market

A market structure characterized by a single seller who has exclusive control over a product or service, limiting competition.

Marginal Cost

The cost associated with the production of an additional unit of a good or service.

Internet Explorer

A discontinued web browser that was developed by Microsoft, once a dominant choice for internet access but replaced by newer technologies.