What is the single word that can best describe todays business
Answers
Answer:
Hope you got your answer.
Explanation:
A company (also known as acompany, enterprise, and firm') is usually a legally recognized organization built to provide goods or services, or both, to consumers, businesses and governmental entities.
Answer:
The single word that can best describe todays business is-
Change
Explanation:
Truly said-"Change is the only thing that remains the same or constant in the universe".
In terms of business change happens when an organization improves, restructures or transforms a major part of its operations disrupting systems, people and processes.
In today's world or 21st century ,it is reflected by -
- an increase in the use of technology to create new ideas,
- marketing those ideas to consumers and communicate the message of a brand to those around the world.
With the increase in computerized resources, the economy has become more global than ever before.
Positive change in business
- Changes in business makes a competitive edge and makes things relevant in our business area.
- Change encourages and develops skills, innovation, develops staff and leads to better business opportunities, and
- it improves staff morale.
Negative change in business
- Negative changes faced by the employees are salary cuts, loss of benefits,
- downgrading in job position,
- job loss or relocation to another city, state or country.
All of these are the impacts of changes in today's business .