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It is necessary to have knowledge of legislation involved in business because it affects how businesses operate and can affect the prices of goods and services.
To avoid discrimination and prosecution.
Environmental scanning is important in international business because the needs of consumers change rapidly. With environmental scanning, a business can adapt to the market as necessary.
A business can't be ran without knowledge. The more you know will definitely lead to a more successful business. It depends on which business is being done: clothing, food, investments, etc. If you don't know anything about a specific business, that is when you must obtain knowledge. Food, marketing, customer service, micro or macro management...Many things to consider. Otherwise, you will fail. Unless you are naturally business savy I suppose. Good luck!
of what relevance is the knowledge of business environment
how does qualification and knowledge support to ensure successful business managemnet
1. Why is it necessary to have a working knowledge of the legislation involved in business?
1. Why is it necessary to have a working knowledge of the legislation involved in business?
It is necessary to have knowledge of legislation involved in business because it affects how businesses operate and can affect the prices of goods and services.
Oro International is an international award for business people or companies. It is the best recognition for the successful companies around the world.
It is necessary to succeed in business so that your business can generate a profit. When you are not successful, you will lose money if you continue to operate.
Getting an MBA will not guarantee you will become a successful business owner. However, I believe it will help tremendously if you apply the knowledge you acquire from the MBA appropriately. It will be an advantage that will set you apart from those lacking business knowledge.
Depends on their business and exactly how successful they are.
To avoid discrimination and prosecution.
Environmental scanning is important in international business because the needs of consumers change rapidly. With environmental scanning, a business can adapt to the market as necessary.
It depends on the background knowledge you have in the subject matter. Many small business owners do not have an actual business degree, but had knowledge in the area that they wanted to start a business. A business degree is always a good backup though.
There are many good international business management books available. Some of these books include "The Ten Must-Read Books on International Business" and "A Guide to the Project Management Body of Knowledge".