Business Studies, asked by supriyabjwala1, 1 year ago

. To stay updated and connected with the latest trends in the industry, state and justify your opinion on the importance of boundary spanning?

Answers

Answered by Wafabhatt
1
Boundary spanning is the term that defines the individuals that put forward the integration of internal networks to external sources. 

Boundary spanning is important to operate in the modern industrial scenario. . To stay updated and connected with the latest trends in the industry, boundary spanning is important because it:

(i) Allows the firm to connect with other firms which can lead to their integration.

(ii) Allows the firm to understand the threats that the industry may face.

(iii) Allows the to understand the changing trends of the market.

(iv) Allows the firm to connect with the target audience.

(v) Allows the firm in decision and policy making.

(vi) Makes marketing easier. 


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