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Business Environment
Write six Indian economic policies.
Economic Policies of India: In order to direct the economic activities in India, the following major economic policies have been framed:
(i) Import-export Policy to control import-export in the country.
(ii) Employment policy to make employment available to the people of the country.
(iii) Tax policy to form a structure of direct and the indirect taxes.
(iv) Industrial policy to encourage industrial development in the country.
(v) Public Expenditure Policy in order to control public expenditure.
(vi) Public Debt Policy in order to control public debt.
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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’?
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