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प्रश्न
Justify the following statement:
Adequate knowledge of rules and regulations is essential for better business performance.
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उत्तर
- Any business in a country can be started, regulated, and controlled within the legal framework of a country.
- A separate set of laws are framed by all countries to control and direct the business affairs.
- Knowledge of law, rules, and relegations helps the business managers to take a prompt decision in making business policies.
- Various laws are implemented for influencing the business, protect and safeguard the business, as well as the consumers.
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संबंधित प्रश्न
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What are the five key points that highlight the significance of Environmental scanning in guiding organisations to adapt to rapidly changing business environment?
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