With today's cell phone, you can watch the news, shoot videos, take pictures, listen to music, and so much more. Because of these features, consumers may want to replace their existing phone with a new model or brand. This increase in demand is in part due to changes in

Technology.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

With today's cell phone, you can watch the news, shoot videos, take pictures, listen to music, and so much more. Because of these features, consumers may want to replace their existing phone with a new model or brand. This increase in demand is in part due to changes in technology which is considered to be an environmental factor.

Hence, technology plays a significant role in improving the quality of goods and services that are made available to end users so as to meet their needs or requirements.

For example, as a result of technological advancement, a user can sit in the comfort of his or her homes place an order for a particular product and have it delivered to him or her at home.

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