Question

what are importance of business environment​

Answer 1

Answer:

Business is extremely important to a country's economy because businesses provide both goods and services and jobs. Businesses do these things much more efficiently than individuals could on their own. Businesses are the means by which we get most of the goods and services that we, as consumers, want and need.

The understanding of its business environment helps an organization to make realistic plans and ensure their effective implementation. It also helps the business enterprise in identification of opportunities and threats.

Answer 2

Answer:

1warning signal

2 coping/overcome with rapid changes

3mover advantage

4improvement in performance