Scenario $3-2.$ Terry$$s Technology Service is currently conducting a SWOT analysis of the business. Several differing factors have been observed. One of the major strengths of Terry$$s business is that he has kept current with all the new technologies that have been developing. The ability to adapt the technologies to business applications has been a key feature of the business. A definite weakness of the business is that Terry$$s cash flow has been strained lately due to the capital investments that are necessary in order to keep up with current technological advances. Owing to Terry$$s good relationship with his customers, he is getting many referrals for new customers. A recent consideration is his competition. A new business has started in town that is offering similar services.

In Scenario $3-2,$ keeping current with the new technologies and the cash flow problem are examples of which environment?

Group of answer choices

economic environment

external environment

internal environment

technological environment