Get premium membership and access revision papers with marking schemes, video lessons and live classes.
  OR
Processing. Please wait.

 Form 1 Business Studies: Business and its environment online lessons

Ways in which business can interact with external environment to reduce its adverse effects.

 (4m 52s)
1099 Views     SHARE

Download as pdf file

Answer Text:
Ways in which business can interact with external environment to reduce its adverse effects.
-Monitor changing demographic features.
-Adapt to changing technology and innovations
-Operate within various laws.
-Adapt to changing customers tastes and preferences.
-Establish good relationship with suppliers.
-Constantly analyses competitors strategies, products and actions.
-Take up social responsibility services seriously.
-Adapt ever changing cultural believes of society.


|