answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How does competitive environment affects business?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How Environment affects business activities?

Environment is affected by business


Evaluate the role of information system in today's competitive business environment?

Evaluate the roles of information systems in today's competitive business environmen


How business enterprises use mis to enhance competitive intelligence and competitive advantages?

The management information system they choose will help them monitor the environment, which will help them develop a competitive environment. The way the system handles information will help them create business intelligence.


Changes in business environment?

Changes in the business environment can encompass a variety of factors, such as technological advancements, shifts in consumer behavior, economic fluctuations, regulatory changes, and competitive dynamics. Businesses must adapt to these changes by being agile, innovative, and responsive to stay competitive and thrive in the evolving landscape. Staying informed, leveraging data analytics, fostering a culture of continuous learning, and building strong partnerships can help organizations navigate and capitalize on these changes effectively.


Explain how the environment in which a business operates impacts upon?

The business environment impacts a business because managers have to make decisions based on what is going on around them. If the environment is fiercely competitive, then the business would have to respond appropriately.


Immediate industry and competitive environments?

The immediate industry includes the competitive environment for business. It includes all the competition within the industry and governmental agencies regulating the business.


What are the main tasks of a finance manager in today's business environment?

Quality of Service In today's competitive carrier environment


Factors affecting business environment?

1.Demographic factors like the population composition,size and location does affect the business environment. 2.Political interventions and environment one way or the other largely affects the business environment. 3.The Legal environment also affects the business environment. 4. Economic factors like, Inflation, interest rate on loans, exchange rate systems.


What are causing the Pizza Hut industry's competitive structure and business environment to change?

Nothing


How the environment in which the business operates impacts upon its success?

The environment affects a business because changes can impact business strategy and processes. For instance, heavy government regulations can place a burden on the business.


What role has the increasingly competitive business environment played in the development of management accounting?

you all are hopeless!!!


What are the competitive factors affecting a business environment?

role of government in the promotion of small and medium scale