Solving previous years' papers of UPSC Management optional subject can indeed help in improving one's understanding of business environment and corporate strategy concepts.

1. Comprehensive Coverage: Solving previous years' papers provides a comprehensive coverage of various topics related to business environment and corporate strategy. These papers are designed by experts and cover a wide range of concepts, theories, and case studies.

2. Familiarity with Exam Pattern: Solving previous years' papers helps in getting familiar with the exam pattern of UPSC Management optional subject. It allows the candidates to understand the types of questions asked, the weightage given to different topics, and the level of difficulty. This familiarity helps in better preparation and time management during the actual exam.

3. Identification of Important Topics: By solving previous years' papers, candidates can identify the important topics and areas of focus within the subject. This helps in prioritizing the study material and allocating time accordingly. It also helps in understanding the areas where one needs to improve their understanding and knowledge.

4. Application of Concepts: Solving previous years' papers requires applying the concepts and theories learned in a practical manner. It helps in developing analytical and problem-solving skills, as candidates need to analyze the given information, identify the relevant concepts, and apply them to answer the questions effectively. This enhances the understanding of business environment and corporate strategy concepts.

5. Time Management: Solving previous years' papers helps in improving time management skills, as candidates need to solve the papers within a specific time frame. It helps in developing a strategy to allocate time to different sections and questions, ensuring that all the questions are attempted within the given time limit.

Conclusion: Solving previous years' papers of UPSC Management optional subject is an effective way to improve understanding of business environment and corporate strategy concepts. It provides comprehensive coverage, familiarity with the exam pattern, identification of important topics, application of concepts, and improves time management skills. It is a valuable resource for candidates preparing for the UPSC exam and can significantly enhance their chances of success.