Business Environment

Q.1 Explain affair environment. Explain different types of phone line environment. ANS. The battle cry pedigree environment is constitute of two words: business and environment. Business involves all those commercial activities that involve buying and selling of goods and services across the national boundaries. It is concerned with international effort of goods and services, employees and technology. The other term environment means the surroundings in which the business activities of an organization are conducted. BUSINESS + ENVIRONMENT Service domain + govt. sector Scenario in which business is Conducted. Business environment whitethorn be defined as the total surroundings which carry a direct or indirect bearing on the functioning of the business.

BUSINESS ENVIRONMENT 1) Economic environment: The survival and the succeeder of each enterprise depend upon its economic environment which is composed of: a)Economic conditions: The economic conditions of a nation refer to the regulate of economic factors that have great influence on business organisations much(prenominal) as GDP, NI, and Disposable Income etc. b)Economic policies: All business activities and operations are influenced by economic policies framed by the government. These can be discussed as follows: -Industrial Policy: - It covers all principles, policies, rules and regulations regarding swear of industrial enterprises in India. -Fiscal Policy:-It includes government policy in respect of public expenditure, taxation etc. -Monetary Policy: - It includes all those activities and interventions that orchestrate at smooth supply of credit to business. -EXIM Policy:-It aims at increasing the exports and decreasing the imports. 2) Social Environment: It includes social factors such as customs, traditions, values, poverty, literacy, life... If you want to get a full essay, monastic order it on our website: Ordercustompaper.com

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