| How would you argue that the success of a business enterprise is significantly influenced by its environment? |
| Or |
| Understanding of business environment gets a first mover advantage, acts as a warning signal for adverse conditions and sensitise the management. Discuss. |
| Or |
| Explain five importance/benefits of understanding business environment. [Delhi 2006C] |
| Or |
| Explain by giving any five reasons why understanding of Business Environment is important for managers. |
| [Delhi, AI, Foreign 2010] |
| Or |
| Why is understanding of 'Business Environment' important for managers? State any five points. [Delhi 2012] |
| Or |
| State any five points which clarify how understanding of Business Environment helps the managers. [AI 2012] |
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