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Why is networking useful in business?

Answer and explanation

Correct answer: To obtain advice, cooperation, and opportunities

Business networking connects an entrepreneur with customers, suppliers, mentors, investors, institutions, and other professionals. These relationships can provide information, guidance, cooperation, referrals, and new opportunities. Networking does not remove legal duties or justify ignoring customers. Its value lies in building useful and trustworthy professional relationships that support enterprise development.

Related tags

NetworkingCollaborationOpportunityEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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