Question

What do you mean by business environment.describe the key elements of indian business environment?

Answer 1

BUSINESS ENVIRONMENT - -

____♣♣♨♨
____♣♣♨♨
____♣♣♨♨..

Business environment refers to all those factors which affect the business working. These factors are both internal as well as external.

____♨♨♣♣⭐⭐
____♨♨♣♣⭐⭐

Internal factors are those which affect the business working from inside nature. like government policy, managerial goals, managerial capicity etc.

____⭐⭐♣♣♨♨
____⭐⭐♣♣♨♨

External factors are those which affect the business from outside such as various types of environment - - - economic environment, social environment, political environment, legal environment, and technology environment...


Most key elements of indian business environment are - - - ⭐⭐⭐

1/ generation and distribution of wealth in social set up - - - Economic environment

2/ Cultural, birth rate, death rate, literacy rate - - - social environment

3/ Political parties, goals, structure - - - - political environment

4/ acts - - - legal environment

5// Changes in technology - - technology environment


______________________
_______________________
________________________

:))) HOPE ITS HELPFUL FOR YOU...

⭐♨♣✨✨✨