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What Improvements can be brought in MBA Education ?

Few days ago , I have started this blog after operating others like Accounting Education. I have tried to write contents relating to business environment topics in very simple language , so that all Indians who have admitted in MBA - Ist Semester   from non - commerce side ( from B.A. or B.Sc. ) can also understand different legal policies , laws and its provisions which  is also covered  in B.Com. level. For this , I have studied many referred books , so that contents will be useful for better preparation of examination of MBA . I have tried to write contents more realistic after reading referred books of experienced authors .

For improvement in MBA Education , it is the duty of lecturer and professors to explain more practical example relating to present business , so that this MBA education will become more practical .

I think examination should be more practical . MBA student should solve the business problem . Writing  the 5 answers  out of 10 Questions of MBA is not good examination for checking the talent of MBA students . If we want to make good MBA Scholars , then Shiksha ( Education ) should be more practical .

Even Assignment system is not good because , student can easily copy the contents from books or net and write it and get marks in internal assessment . If university want to give internal assessment , then MBA students should have to opportunity to go to Companies office , plant and factory and for some weeks and ask their work experience . A student who understood better in practically should give more internal assessment than one other .

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Technological Environment

Definition of Technological Environment :-


“Technological Environment means the development in the field of technology which affects business by new inventions of productions and other improvements in techniques to perform the business
 work. "

Objective of Business Environment

Following are main objectives of business environment:
1. Knowledge of Information 
By studying the business environment, we can know the changes of business. This information is very useful for our business. Every businessman should aware current environment of business. With this, he can think the future of his business in such environment. 
2. Basis of Decisions 
One of main objective of the study of business environment that it can provide all the information which is needed for taking good decisions. Suppose, you completed your internal business environment study. With this study, you can take decision relating to purchase, sale, salary and price because you know your competitor, you know your suppliers and you know your customers. 
3. Helpful in making of Policies 
For making good business policies, we need to know and scan business through business environment. 
4. Technological Planning 
Today, technology is changing very fastly. 3 years ago, I have to search software for downloading …

Limitation of Business Environment Analysis

Following are main limitation of business environment analysis:

1. Unexpected and Unanticipated Events 

We can not tell unexpected and unanticipated events in business environment analysis. Sometime, business has to face unexpected happenings. So, there will no benefit of business environment in these cases.

2. No sufficient Guarantee

Business environment analyst does not give any guarantee whether all events will happen as per estimation in business environment.

3. Uncritical Faith 

Sometime data may be incorrect. So, decisions on basis of these analysis may be risky for business.

4. To much information

Sometime too much information relating to business environment analysis will create the doubt in businessmen.