CameraIcon

SearchIcon

MyQuestionIcon

Business Studies

Business Environment

A good knowle...

Question

A good knowledge of___helps a manager identify opportunities earlier to take its benefit.

A

Business environment.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Legal environment

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Both A and B

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

A good knowledge of business environment helps a manager identify opportunities earlier to take its benefit.

Suggest Corrections

thumbs-up

0

mid-banner-image

mid-banner-image

Similar questions

Q. "A good understanding of environment by business managers enables them not only to identify and evaluate but also to react to the forces external to their firm."
In the light of the above statement explain any four points of importance of understanding business environment by a manager.

"The understanding of business environment enables business firms to identify opportunities".

Q. "The understanding of business environment enables the firm to identify opportunity."

What is meant by 'opportunities' here?

Q. 'Understanding of environment by business managers enables them no only to identify and evaluate, but also to react to the forces external by their firms.' In the light of this statement, 'explain by giving any five point why in the present day competitive market; it is essential for a business enterprise to remain alert and aware of its environment.

Q. a. Business economics makes a manager a more competent model builder.
b. Business economics helps in reaching a variety of business decisions in a complicated environment.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Business Environment

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Business Environment

Standard XII Business Studies

Join BYJU'S Learning Program