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 Form 1 Business Studies: Business and its environment online lessons

Ways in which business can interact with external environment to reduce its adverse effects.

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Answer Text:
Ways in which business can interact with external environment to reduce its adverse effects.
-Monitor changing demographic features.
-Adapt to changing technology and innovations
-Operate within various laws.
-Adapt to changing customers tastes and preferences.
-Establish good relationship with suppliers.
-Constantly analyses competitors strategies, products and actions.
-Take up social responsibility services seriously.
-Adapt ever changing cultural believes of society.


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