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Steps to Become a Petroleum Broker

Petroleum Broker is the person who contacts big petrol pumps and sell petrol to them for his clients. For this, he gets commission. He has to go to different petrol pumps for getting order. High order means high commission. So, if you have good communication skills and good record of petroleum prices, petroleum broker is good option for you. For becoming a petroleum broker, following are its main steps.

1st Step : Get MBA in marketing. During your MBA, you should strong your business environment subject. You should good knowledge of political environment because petrol prices are mostly affected with govt. decisions.

2nd Step : Get experience in petroleum companies. This experience will help you to become successful petroleum broker.

3rd Step : Start with dealing small businessmen. With this, you can get idea how to do big deal of petroleum. 



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Following are main objectives of business environment:
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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. 
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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.

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
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