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BUSINESS ENVIORNMENT
This is a research report on
BUSINESS ENVIORNMENT
uploaded by
Ajaz Shaikh
in category:
All Documents
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Business Environment
»
Business Intelligence
section of our research repository.
623 views, 0 comments, Last Update: Jul 3, 2012.
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N.G Archarya & D.K. Marathe College Chembur, Mumbai-71
SUBJECT : Business Environment PROJECT ON : Factor’s Affecting Business Environment SUBMITEED TO : _Miss Satinder Gujral CLASS : F Y B.M.S Submitted By: 1. Shaikh Ajaz 2. Sayeed Mehrunnissa 3. Shaikh Sabana 4. Shah Shamim 5. Sarang Mubarak
(42) (47) (43) (41) (40)
Topic
Factors Affecting Business Environment
“A Successful business man is on who can lay a firm foundation. With the bricks others have thrown on him”
What Is Business ?
One of the business value is business environment. It is important for us to understand the business environment that will lead of to do the best in business performances.
Definition Of Business
* “Business is an institution organized and operated to provide Goods and services to society under the incentive of private Gain” “ Business is a human activity directed towards producing or Acquiring wealth through buying and selling activities” -
*
-
Feature’s Of Business:
Importance Function OF Business
Creates Employment
Makes Meaningful Use Of Resources
Provides Goods And Services
Aids Economic Development
Generates Tax Revenue To The Government
How Does Business Relates To environment? Business Environment encompasses the “climate” or set of conditions-economic, social, political or institutor in which business operations are Conducted. It also consists of all external and internal factors that influence the complex interaction of the market, production and finance, the three basic components of our business world.
Business Environment Has been Classified into Two Major Field
Vision And Philosophy of The organisation Mission Objectives Plans Policies
External environment is beyond the business enterprises. External environment poses opportunities as well as threats. External environmental variables are beyond the control of a business organization and a business firm has to adapt to the changes expected by the external environment.
External Environment Variables Are further Divided As Follows
Micro Environment:
Understanding the economic condition in some country is important to analyze the business environment around the world. It reflects to the level of production and consumption for a particular country. Well actually the business performance of most firm depends on the three macroeconomic factors: economic growth, inflation, and interest rate
Major Four Elements Affect Business Environment
Other’s Factor’s Affecting Business Environment
There Are Various Environmental factors Which Can Impact the business in the economy These Environmental Factor can be Categorized internal And external Environmental Of The Business. The internal environment of the company includes the factors which are within the company and under the control of company like product Organizational culture, Leadership, the external factors are not under the control of the company and include Social environment, political conditions, suppliers, competitors of the company,
Other’s factors Affecting Business Environment
Social
Political
Financial
Technological
Other’s factors Affecting Business Environment
Case Analysis
Globalization Of Pop Culture
$ Cultural Barriers Are One Of the Most Talked About In
International Problems
$ Western Products And Styles Such As Foreign jeans, Fast Foods Has
Created Craze In The World
$ The UNESCO Report States That global Markets for cultural products is
becoming concentrated , Driving small and local industries
Conclusion
Sometimes there is a disconnection between the company’s code of ethics and the company’s actual practices. Many companies are assigning the environmental factors that can lead employees to engage in unethical conduct. An increasing number of companies also require employees to attend seminars regarding business conduct, which often include discussion of the company policies, specific cases studies, and legal requirement. Some companies even require employees to sign agreements stating. That they will abide by the company’s rules of conduct.
Bibliography for the Topic “Factors Affecting Business Environment”
Books: * Business Environment * Reference Book To Business Environment Internet Website! www.2dix.com www.ask.com www.hubpges.com
__ ___
Vipul Prakshan Himalaya Publication
! Help from professors and teachers: * “Mr Manmohan Sharma Sir” * “Satinder Gujral Miss ” And Librarians
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IT IS PPT ON FACTORS AFFECTING BUSINESS ENVIORNMENT FOR THE STUDENT STUDYING B.M.S
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