Business Studies, asked by shernickdavies4, 21 hours ago

explain how businesses use networking to adapt to the market environment ?​

Answers

Answered by ronitsingh170707
1

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4Ways to Adapt to Fluctuating Business Challenges.

Understand the Scale of Change. The word 'adapting' may sound cliché to most experienced businesses and executives.

Be Flexible to Alternative Ideas.

Review the Structure of Your Business.

Embrace Innovation.

Explanation:

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Answered by priyarksynergy
0

Networking is one of the best methods to adapt to the marketing environment.

Explanation:

  1. Networking refers to the process of building a network and growing your circle in order to deal with contingencies or unforeseen changes in the business environment.
  2. Networking in a business is extremely helpful to adapt to the market environment because the contacts cannot only provide information about potential changes but also suggest ways to deal with those changes.
  3. Networking with businesses having great goodwill in the market can also make your business shockproof to small contingencies.
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