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Business Environment Ebook

Welcome business environment ebook. We have made this ebook for the students of B.Com, M.Com and MBA. Today is the time of technology. All most all the students have 3G mobile or tablet. It is sufficient to open this ebook. If you will study through your pc or laptop, it will be helpful for your eyes health. But decision is on your hand and terms of time and situation of place. But, our aim is to provide the business environment knowledge will be fulfilled at any time and any place through this ebook.

Learn Basics of Business Environment 

»  Introduction
» Meaning of Business
» Micro Environment of Business
» Macro Environment of Business
» Economic Environment of Business
» Political Environment of Business
» Natural Environment of Business
» Natural Environment of Business
» Demographic Environment 
» Technological Environment 
» International Environment 
» Objectives of Environment Study
» Limitation of Environment

Learn The Process of Business Environment Scanning 

» Introduction
» Importance of Environment Scanning
» Factors of Environment Scanning
» Approaches of Environment Scanning
» Environment Appraisal
» SWOT Analysis 
» PESTEL analysis

Learn Economic Environment

Learn Political  Environment

» Introduction
» FEMA 2000
» IT Act 2000
» MRTP Act 1969
» Competition Act 2002
» FTDR Act 1992

Learn Social Environment 

»  Introduction

Learn Technological Environment 

» Introduction

Learn International Business Environment 

Learn about MNCs

» Introduction
» Benefits of MNCs
» Drawbacks of MNCs

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Branches of Commerce

Commerce is just like a tree. Following are its main branches.

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. "

Information Technology Act 2000

Introduction of Information Technology Act 2000

Information technology is one of the important law relating to Indian cyber laws. It had passed in Indian parliament in 2000. This act is helpful to promote business with the help of internet. It also set of rules and regulations which apply on any electronic business transaction.

Due to increasing crime in cyber space, Govt. of India understood the problems of internet user and for safeguarding the interest of internet users, this act was made.

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 …

Factors of Environmental Scanning

Following are the main factors of environment scanning.

1. Events

Past events of business environment is the main factor of environment scanning. For example, if Govt. has to control food prices, it has to scan every week prices of vegetables, fruits, milk and other food items. For more simplification of price rise, Govt. will calculate wholesale price index.