12th Class Business Studies Business Environment Question Bank Topic - 1 MCQs - Business Environment

  • question_answer
    What do business firms enjoy by environmental scanning?

    A) Competition      

    B) Benefit of tax

    C) First mover advantage                

    D) Tapping useful resources

    Correct Answer: C

    Solution :

    [c] Explanation: The awareness of environment helps an enterprise to search the opportunities prevailing in the market. They can make strategies to capitalise such opportunities at the earliest.


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