How would you argue that the success of a business enterprise is signi – InterviewSolution

InterviewSolution

1.	How would you argue that the success of a business enterprise is significantly influenced by its environment ?
Answer» It is correct to say that the success of business enterprises is greatly influenced by the force and factors prevailing in environment by analysing and scanning the business environment. Business get the following benefits (i) First mover advantage (ii) Warning signal (iii) Helps in tapping business rescurces (iv) Assisting in planning and policy formation. (v) Improvement in performance (vi) Helps to adopt rapid changes.

Discussion

No Comment Found

Related InterviewSolutions

How would you argue that the success of a business enterprise is significantly influenced by its environment ?
Obstacles to privatisation areA. opposition by labourersB. problem of financingC. political pressureD. All of these
On which date PM Modi announced demonetisation?A. 13th November, 2016B. 8th November, 2016C. 18th November, 2016D. 8th October, 2016
The people of some regions translated the slogan of "come Alive" used by pepsi company as "come out of the grave". As a result company lost its market share rather than picking up. This is the effect of which environment and how does this dimension of environment affect the business ?
Name the term/process which means intergrating the economy with the rest of the world.
How does political unrest affect business firms ?
State two reforms under liberalisation related to goods and services
What is the full form of BIFR ?
The project of Nano car reestablished in Gujrat is indicated by which factor of environment ?
Name the term/process under which reduction in tax rates and lifting of unnecessary control over the economy was undertaker.