We can introduce economic environment as all the factors which affect business due to changing the economic policies, economic system and economic conditions. In big companies, there may be large number of economist whose work is to make economic policies and economic planning. They control the prices of product of company. They also control the production level and try to best to reach it on optimum level. They monitor all external economic factors and to reduce company's economic weaknesses and risks.
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For finding business's available opportunities and risks, environmental appraisal is needed. Environmental appraisal means to analy...
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Following are main objectives of business environment: 1. Knowledge of Information By studying the business environment, we can know the ...
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For finding business's available opportunities and risks, environmental appraisal is needed. Environmental appraisal means to analy...
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Commerce is just like a tree. Following are its main branches.
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Business Environment Analysis is great tool of Business Environment Management which helps to bring great idea to control it and get ...
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Definition of Technological Environment :- “Technological Environment means the development in the field of technology which affects...
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Natural environment is the group of natural resources which is used by business. Let me explain it in detail. Suppose, one business is of ma...
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Introduction of Information Technology Act 2000 Information technology is one of the important law relating to Indian cyber laws. It had ...
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Meaning of Social Environment Social or Societary environment of business means all factors which affects business socially . Every bus...
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In demographic environment of business, we can include following things 1. Size of population All these elements are relating to busine...
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After applying IT Act 2000 , Ministry of Communication and Information technology are taking many new steps for national security .
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