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Business Environment — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesBusiness Environment1 Mark
Question
Give a practical example from current scenario to prove that business environment helps the firm to identify threats and early warning signals.
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Answer

Recession started in 2008 and still going on resulting in a fall in purchasing power and share market and also the major fraud ever happened in Satyam computers.

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