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Understanding the Market — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipUnderstanding the Market1 Mark
Question
How well the company buys the resources depends on which features?
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Answer

How well the company buys the resources depends on:
  1. How well it grasps the working of the various supply markets.
  2. How well it applies business principles in conducting its relations with suppliers.

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