The better informed a business is about its markets, its costs of production, alternative techniques and alternative products it could make, the better it will be able to fulfil its goals.

Question

The better informed a business is about its markets, its costs of production, alternative techniques  and alternative products it could make, the better it will be able to fulfil its goals.

Quizplus · Accepted Answer

Being well-informed allows a business to make strategic decisions, optimize production, innovate, and adapt to market changes, thereby enhancing its ability to achieve its objectives.

The Better Informed a Business Is About Its Markets, Its