Necessity is the mother of invention; competition and a host of other reasons are responsible for the rapid technological changes and innovations. This statement is related to which business factor? O a. Government & Legal Factor O b. Economic Factor O C. Technological Factor O d. Social Factor

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter1: Accounting As A Tool For Managers
Section: Chapter Questions
Problem 16MC: Which of the following terms means knowing how a business is run and how it is influenced by...
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Necessity is the mother of invention; competition and a host of other reasons are responsible for the rapid technological changes
and innovations. This statement is related to which business factor?
O a. Government & Legal Factor
O b. Economic Factor
O C. Technological Factor
O d. Social Factor
Transcribed Image Text:Necessity is the mother of invention; competition and a host of other reasons are responsible for the rapid technological changes and innovations. This statement is related to which business factor? O a. Government & Legal Factor O b. Economic Factor O C. Technological Factor O d. Social Factor
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