SELECT * FROM question_mgmt as q WHERE id=5115 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=20 AND chapterId=592 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED) CBSE Free NCERT Solution of 12th business-studies Business Environment how does understanding of business environment hel

Question:

How does understanding of business environment help in improving performance of a business?

Answer:

Understanding of business environment help in improving performance of a business due to various reasons it helps to identify the various opportunities in the business, it helps in identification of threats or negative signals that affects the business, it helps in accumulation of useful resources for the business, it helps to adapt the change it in the business environment, and it also helps in formulation of new plans and polices and hence all these factors helps in improving the business environment.


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