DB WK 2

DB WK 2 - The "Business Environment" around the...

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The "Business Environment" around the world, and especially in the United States, is constantly changing. "Technology" and "innovation" allow companies to introduce new products and change existing ones very rapidly. Such changes demand expensive and time consuming changes in production processes. Consumer demands for new and better products change almost daily. The general society as well as government regulations place new restrictions on the ability of businesses to market products. READ THE FOLLOWING STATEMENT CAREFULLY. You are expected to study chapter 3 carefully . After studying chapter 3, you are to respond to the statement below. You may agree or disagree. You must defend your position. Your defense must contain some sound logic and reasoning. Statement: Based on the above description of the "Volatile nature" of the environment in which businesses must operate, EFFECTIVE PLANNING IS DIFFICULT IF NOT IMPOSSIBLE, MAKING PLANNING AN INEFFICIENT USE OF TIME. REACTION TO CHANGE MAKES
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DB WK 2 - The "Business Environment" around the...

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