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3. New methods of communication , production and even the development of entire new industries are...

3. New methods of communication , production and even the development of entire new industries are the results of the change in:

A. demographic

B. social preferences

C. technology

D. the economy

business   Operations-Management   
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Answer #1

Answer: C. Technology

Reason: New methods of communication can only happen with new technology, for example, the various communication platforms like webinars, video calling, etc are available due to advancement in technology has shifted the paradigm of communication. Production methods again rely on technological change without which different methods like batch production or mass production wouldn't be possible. The development of new industries like AR, Green energy and so on is again a result of a change in technology.

A. Demographics doesn't have any impact on giving rise to new industries or communication. They might have a little impact on methods of production based on the size of the population.

B. Social preferences only impact the use of different methods of communication as only the accepted forms or methods last but don't impact the methods of production which is mostly affected by the change in technology.

D. The change in the economy is normally a result of technological advancements or government policies which changes the structure of the society but doesn't impact the methods of communication much. However, there is a change in economic growth due to new methods of production which can either be productive or non-productive based on the output.

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