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
Answer (1)
21st Jan, 2024
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.
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