why is it important to develop various theories of firm?
because they are important
When the firm is successful
A firm would usually do that because it expects to sell the product, and make a profit.
A firm resources can be sourced in various ways
win the competition
patents
It is very important to monitor the macro-environment of a firm as they will directly affect the organization. These are external factors that a firm will not have control over and will affect the performance of the business.
its inportant to the firm on the cause that it give some reputation, it also ofthen give a valiu of the state of that firm (Notice: the firm can have a low stock and goes good)
Planning is not only important to the firm but it is important for individual too. Planning is important to estimate tasks and resources available. Planning is important in prioritizing among multiple tasks. Planning is important in estimating final output. Planning is important in estimating time period to achieve target.
true
If that question could be resolved the person to answer the mystery would become an overnight celebrity. Right now, there are many theories but no firm answers.
The definition of an international firm is a company who deals in important and exports. They do so internationally thanks to licensing and franchising.