It is often said that there is not a proper link between some of the activities under way in the world of academics and in most business Account for this state of affairs and give suggestions for improvement
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Business is a hands-on phenomenon. You constantly look for opportunities in the market place and then provide them to potential customers. The field keeps evolving because once a particular strategy becomes well known, it loses its penetrative power.
Most “innovations” in academics related to the business are based upon empirical evidence from observing actual business people doing things. In other words, business academicians are relating to actual practice.
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