Lately many companies have planned for significant investment in organised retailing in India. Several factors have prompted their decision in this regard- customer income is rising. People have developed a taste for better quality products even though they may have to pay more. The government permitted cent percent foreign direct investment in some sectors of retailing.
Identify the change in business environment under different dimension quoting the line
from the above para.

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’?

How ‘first mover advantage’ is made available by the business environment? Give an example.

Explain ‘Dynamic nature’ and ‘Uncertainty’ as features of Business Environment.