Which of the following best indicates the importance ofbusiness environment?(a) Identification(b) Improvement in performance(c) Coping with rapid changes(d) All of them
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Which of the following best indicates the importance ofbusiness environment?(a) Identification
(b) Improvement in performance
(c) Coping with rapid changes
(d) All of them✅✅✅
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d) All of them
Explanation:
“identification”, “improvement in performance”, “coping with rapid changes” are finely indicates the importance of business environment. “Business environment” can be defined as the total of external and internal such as social, political and other natural factors which affect the business. In this way, the business environment is made up of a combination of various components on which we have no control and more and more we can adjust ourselves by studying them.
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