describe the contraints of Indian Business Environment
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The three main external influences are: market competition, economic conditions and environmental constraints. Some types of environmental issues are pollution (air, noise and water) the wastage of natural resources.
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Definition: According to Androse “The termbusiness environment of a company is defined asa pattern of all external influences that effect itslife and development.
Business environment consist of all those factorsthat have a bearing on the business.
The survival of a business firm depends on itsinnate strength resources at its command and itsadaptability to the environment and the extent towhich the environment is favorable todevelopment of the firm
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