Why is it important for a businessman to have some basic knowledge of science?

Basic knowledge of science is important for a businessman because it enhances decision-making by fostering a better understanding of technological advancements and innovations that can impact their industry. It aids in evaluating the feasibility and sustainability of products or services, ensuring they meet safety and regulatory standards. Additionally, a scientific perspective can drive data-driven strategies, improve problem-solving skills, and facilitate effective communication with stakeholders in tech-driven sectors. Overall, it equips business leaders to adapt to changes and leverage opportunities in a rapidly evolving market.