Business Environment

4. These forces have impact on all business enterprises and affect an individual firm indirectly.
9. Administrative orders issued by government authorities is an important element of this dimension of Business environment.
11. This dimension of business environment includes forces relating to scientific improvements and innovations which provide new ways of
13. It refers to the positive external trends or changes that will help a firm to improve its performance.
15. Drastically reduce the role of the public sector.
16. Business environment differs from country to country and even region to region.

1. The economic reforms that aimed at deregulating the Indian business from all controls & restrictions.
2. It is very difficult to predict future happenings in business environment.
3. Integration of the various economies of the world leading towards the emergence of a cohesive global economy.
5. Customs & traditions are an important element of this dimension of Business environment.
6. These forces affect individual enterprises directly and immediately in their day-to-day working.
7. Just take the universe,subtract from it the subset that represents the organisation & the remainder is
8. Business environment keeps on changing.
10. It refer to the external environment trends and changes that will hinder a firm's performance.
12. Changes in disposable income of people is an important element of this dimension of business environment.
14. General stability and peace in the country is an important element of this dimension of Business environment.