The understanding of business environment enables the firm to identify opportunities and threats . What do opportunities and threats mean here?
Answers
Answered by
2
Answer:
"Children actively construct their understanding of the world" is a statement attributed to (a) Piaget (b) Kohlberg (c) Pavlov (d) Skinner
Explanation:
Answered by
2
The understanding of business environment enables the firm to identify opportunities that come in positive form where the changes in the business trends has a positive impact and it enables the organisation to gain maximum benefit and move ahead of its competitors. On the other hand the threats have a negative impact on the growth of the organisation
Explanation:
- The threats are the negative form of external factors of changes and trends in the business environment with obstruct the growth and the performance of the organisation
- The business environment consists of all the individuals and the institutions that are connected to the customers, suppliers, business trends, and to other forms of social and economic environment
- The interaction between the business and its environment helps in identifying the various opportunities and threats that affect the business. Since the business environment keeps changing it is important for the entities to be updated with the changes and adapt to them for their benefit.
To know more about business environment
What is technology transfer in business environment
https://brainly.in/question/9697654
Similar questions