Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Organising

Question:

"The process of organising allows a business enterprise to accommodate changes in the business environment."

Identify the importance of organising from the above statement.

Options:

Effective Administration

Adaption to Change

Optimum utilization of Resources

Expansion and Growth

Correct Answer:

Adaption to Change

Explanation:

The correct answer is option (2) : Adaption to Change

The importance of organizing highlighted in the given statement is Adaptation to Change. The statement suggests that organizing enables a business enterprise to accommodate changes in the business environment. By having a well-organized structure and processes, a business is better equipped to respond to changes, whether they are in the external market conditions, industry dynamics, or internal factors. This adaptability is crucial for a business to thrive in a dynamic and ever-changing business environment.