Business Studies, asked by sahil8651, 2 months ago

business is an open system comment upon this statement and discuss the nature of interaction between a business system and its environment.​

Answers

Answered by piyacutepie
3

Answer:

Business is an open system. A business is involved in the transformation of input into output. It accumulates the inputs required from the environment. Similarly, it transmits its output to the environment.

Explanation:

Hope it helps you : )

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