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A good understanding of enviornment by …

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A good understanding of enviornment by business managers enable them not only to identify and evaluate but also to react to the forces external to their firm.in the light of the above statement explain any four points of importance of understanding business enviornment by a manager.

Posted by Meenakshi Raj 7 years, 11 months ago

CBSE > Class 12 > Business Studies

2 answers

Pari Jain 7 years, 11 months ago

Helps in policy formulation , Helps in assembling the resources , Helps in identifying opportunities , Helps in identifying future threats

Nisha Deshwal 7 years, 11 months ago

To understand how competition affect their business , To understand how government regulation affect their business

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