Identify the dimensions of Business Environment in the following cases:
a. The demonetization move of the government has resulted in the accumulation of lakhs of
crores of rupees in the banks. Now the banks will give more loans to the people at lower
interest rate. General public can now afford home loans more easily.
b. Small business will now move towards transaction of business affairs in plastic money. This will
lead to use of internet, new gadets, etc. and reduce dependence on cash. Report generation of
these transactions will be helpful in acting as proof for the betterment of future business
c. Advertising of a particular brand is taken back as it is expected to hurt the sentiments of a
particular section of society. The company takes this decision on a conscientious level
Answers
Answer:
The demonetization move of the government has resulted in the accumulation of lakhs of
crores of rupees in the banks. Now the banks will give more loans to the people at lower
interest rate. General public can now afford home loans more easily.
b. Small business will now move towards transaction of business affairs in plastic money. This will
lead to use of internet, new gadets, etc. and reduce dependence on cash. Report generation of
these transactions will be helpful in acting as proof for the betterment of future business
c. Advertising of a particular brand is taken back as it is expected to hurt the sentiments of a
particular section of society. The company takes this decision on a conscientious level
Explanation:
The demonetization move of the government has resulted in the accumulation of lakhs of
crores of rupees in the banks. Now the banks will give more loans to the people at lower
interest rate. General public can now afford home loans more easily.
b. Small business will now move towards transaction of business affairs in plastic money. This will
lead to use of internet, new gadets, etc. and reduce dependence on cash. Report generation of
these transactions will be helpful in acting as proof for the betterment of future business
c. Advertising of a particular brand is taken back as it is expected to hurt the sentiments of a
particular section of society. The company takes this decision on a conscientious level