4 years ago

Why is knowledge of basic economic principles important for business?

Social Studies

2 answers:

svetlana [45]4 years ago

4 0

Answer: It can help them make better decisions about meeting consumer needs.

Explanation:

I answered it on A.PEX

Rudiy274 years ago

3 0

Having economic principles are important for businesses as the complementary study of economics, the first quantitative technique employed in the discipline, allows business man/woman to become vital consumers of statistically primarily based arguments concerning various public and personal problems instead of passive recipients unable to sift through the statistics.

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