Question : ___________ assists in planning and helps in policy formation.
Option 1: Group dynamics
Option 2: Business environment
Option 3: Turn around management
Option 4: None of the above
Correct Answer: Business environment
Solution : The major strategies or plans and policies in the organisation are formed with the business environment in mind because policies and strategies must be implemented in the presence of environmental forces, Hence, option 2 is the correct answer.
Question : Advance understanding of business environment will help in:
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
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.
Question : Analysing the business environment is the duty of which level of management?
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.
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