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CBSE Class 12 Business Studies 2026 All Sets Solved Paper
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Question : 6 of 21
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‘Renew Ltd.’ was the pioneer in the Electric Vehicles segment and presently has 70
Solution:
The case highlights that the business environment changed ”suddenly” due to new competitors and government incentives. Because the company could not ”accurately assess future trends” amidst this volatility, their plan to increase market share failed. This illustrates that planning has limitations when faced with a highly unstable or dynamic market.
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