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Question : Identify the importance of business environment highlighted in the below case.
Enterprises design policies to arrange the required resources so that it can convert them into desired output.
 

Option 1: Identify opportunities and getting first mover advantage
 

Option 2: Identify threads and early warning signals
 

Option 3: Helps in taping useful resources
 

Option 4: Helps in coping with rapid changes
 


Team Careers360 24th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Helps in taping useful resources


Solution : Environment is a source of various resources for running a business. Enterprises design policies to arrange the required resources so that it can convert them into desired output. This can be done better by understanding what the environment has to offer.
Hence Option C is correct.

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