Which of the following is an example of industry undergoing product transformation? Highway construction Automobile industry Rail transport Air transport
Question
Which of the following is an example of industry undergoing product transformation? Highway construction Automobile industry Rail transport Air transport
Solution
The Automobile industry is an example of an industry undergoing product transformation. This is because it has seen significant changes over the years, such as the shift from gasoline-powered vehicles to electric vehicles, the development of self-driving technology, and the implementation of advanced safety features. These changes are all examples of product transformation as the industry adapts to new technologies and consumer demands.
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