Answer to Question #165589 in Management for Dela

Question #165589

"Business is build on relationship". what do you think this statement means? what are the implication of managing external environment?


1
Expert's answer
2021-02-22T13:40:43-0500

The statement means that for any business to succeed, there must be a good relationship between the business organisation and the customers or the external environment. This could be built through adverts and public relations. The more relationships a business create, the more connections and customers it acquires consequently leading to success of that business. Management of the external environment encourages increase in production and sales of the products.


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