39. Modern business is
Dynamic
Complicated
Complex
Limited
Answers
Answer:
modern business is dynamic complicated.
Answer:
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Explanation:
The research explored the antecedents and outcomes of seeking information and advice about the marketplace in which a small firm exists. A survey of 185 small business owners suggested that both operating in a dynamic environment and having complex marketing activities had a direct link to the frequency with which the small business owner sought marketplace information and advice. Marketplace advice seeking, in turn, was positively correlated with owners' perceptions of business performance. The usefulness of the findings for owners and business-support advisors was discussed.
In the early stages of a business, entrepreneurs need a lot of outside professional advice (Bennett and Robson, 2003). Startup companies do not yet have the necessary skills and competences, so they use external consultancy services (Dyer and Ross, 2008;Devi and Samujh, 2010). ...
... In the accounting service industry, a growing number of important items found in financial statements have come under real-time management, as information technology has made such practices both economically feasible and competitively necessary (Dyer and Ross, 2008;Everaert et al., 2010;Sarens et al., 2015;Sjögren et al., 2014). In addition, new studies (Bhimani and Willcocks, 2014;Hätönen and Eriksson, 2009; indicate that a digitally enabled business may create a range of challenges, as well as new opportunities, for accounting information providers. ...
... In the accounting service industry, a growing number of important items found on financial statements have come under real-time management, as information technology has made such practices both economically feasible and competitively necessary [4] [5] [6] [7]. Extant studies [8] [4] [5] [9] [10] [6] [7] indicate that digitally enabled business may create a range of challenges as well as new opportunities for accounting information providers. ...