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12 October, 20:01

What is the role of environment in organizational strategy?

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  1. 12 October, 23:06
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    Answer: The environment plays an important role in developing the organizational strategy.

    Explanation:

    The environment provides resources like raw materials, financial resources, human resources, and other elements that are required to develop a product or service in an organization.

    The environment also provide suppliers, cultural factors and competitors which can also influence the functioning of the organization.
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