To give money the time value as it deserves. To reduce risks and compensate for the same through offering products and services. To enable the most efficient economic resource allocation. To maintain market stability in the economic sector.
General environment include all possible settings where various tasks is about to be conducted. Managers are obligated To use the information regarding general environment as a basis for materials that they must consider in their future strategies.
The belief that there is an empirical reality, but that our understanding of it is limited by its complexity and by the biases and limitations of researchers is called Postpositivism. Basic science is the effort to figure out what the world is like and why it works as it does.
