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.
Option 1: Helps in taping useful resources
Option 2: Helps in coping with rapid changes
Option 3: Helps in assisting in planning and policy formation
Option 4: Health and improving performance.
Correct Answer:
Helps in assisting in planning and policy formation
Solution :
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. It is the base for planning and policy formation.
Hence Option C is correct.