Business Studies, asked by muski5211, 11 months ago

Importance of business environment for technical chmges

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Answered by kairaji

A good knowledge of business environmnet is always beneficial for any firm or business house.
if the management analyses the technical changes that are about to come or makes steps to develop a better technology or production method then could reap the benefit of first mover advantage . Along with it, it will also help to come ahead of competitors in the market

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