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Business Environment
Question
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Privatisation

Answer

It refer to such an economic process through which some public sector undertaking is brought either partially or completely under private ownership.

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Some More Questions From Business Environment Chapter

What do you mean by Business Environment?

Why it is important for business enterprises to understand their environment? Explain briefly.

Mention the various dimensions of business environment.

Liberalisation

Privatisation

Globlisation

Briefly discuss the impact of Government policy changes on business and industry.

How would you characterise business environment? Explain, with examples, the difference between general and specific environment.

Explain, with examples, the various dimensions of business enviornment.

How is business environment helpful in the ‘improvement of performance’?