Question: When Zaprogs, a start - up , used the e - wallet system to develop an application for easy cashless transactions, a majority of people

When Zaprogs, a start

-

,

used the e

-

wallet system to develop an application for easy cashless transactions, a majority of people completely switched to online banking. As a result, a number of organizations that relied on hard cash transactions began to lose their business. In the context of the general environment, this scenario best illustrates the effect of the

_____

on organizations.

.

sociocultural component

.

political component

.

economic component

.

technological component

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