Question : Identify the importance of business environment highlighted in the below case. Enterprises which continuously analyse and understand the trend of the business environment and exist themselves as per the changes such enterprises succeed in the market for the longer period.
Option 1: Helps in taping useful resources
Option 2: Helps in coping with rapid changes
Option 3: Helps in assisting in planning and policy formation
Option 4: Helps in improving performance.
Correct Answer: Helps in improving performance.
Solution : Enterprises which continuously analyse and understand the trend of the business environment and exist themselves as per the changes such enterprises succeed in the market for the longer period. Future of an enterprise is closely linked with what is happening in the environment analysing and understanding of trends helps the business to improve its performance. Hence, Option D is correct.
Question : Identify the importance of business environment highlighted in the below case. Environment is a source of opportunities amd thread it helps to understand and analyse the base for the future codes of action and guidelines for decision making.
Option 4: Health and improving performance.
Question : Identify the importance of business environment highlighted in the below case. Increase in the Indian share of World tourism the AGF hotels has planned for new hotels in India.
Question : Identify the importance of business environment highlighted in the below case. All sizes and all types of enterprises are facing increasingly dynamic environment.
Option 1: Identify opportunities and getting first mover advantage
Option 2: Identify threads and early warning signals
Option 3: Helps in taping useful resources
Option 4: Helps in coping with rapid changes
Question : Identify the importance of business environment highlighted in the below case. Timely understanding of environment helps to make suitable changes in the organisation.
Question : Identify the importance of business environment highlighted in the below case. Enterprises design policies to arrange the required resources so that it can convert them into desired output.
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