Question

Identification of opportunities to get first or more advantage is one of the importance of the business environment.

Answer 1

(a) True
(b) Cannot say
(c) False

Answer (a) True

Explanation: The business environment is concerned with those parts of the environmental elements of a business enterprise, which influence or impact its activities and decide its viability. It alludes to variables and powers that influence a company’s capacity to build and keep up with effective client connections. It is true that businesses must grab various opportunities before their competitors in order to monopolise the market.