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Business Environment

Question

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‘Nothing can be said with any amount of certainty about the factors of the business environment.’ Why?

Solution

Because they continue to change quickly.

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’?

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