Overview of Business Environment

Description
Business Environment consists of all those factors that have a bearing on the business, such as the strengths, weaknesses, internal power relationships and orientations of the organisation; government policies and regulations

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AN OVERVIEW OF
BUSINESS ENVIRONMENT
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Meaning of Business Environment
? Business Environment consists of all those factors that have a bearing on the
business, such as the strengths, weaknesses, internal power relationships and
orientations of the organisation; government policies and regulations; nature
of the economy and economic conditions; socio-cultural factors;
demographic trends; natural factors; and, global trends and cross-border
developments.
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Characteristics of Indian Business
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Factors Influencing Business Decision
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Business Objectives
Business
Critics
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Types of Environment
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Environmental Factors and their Features
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Forces Driving Industry Competition
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Environment of Business
Linkage amongst
stages
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The Common Entry Barriers
1. Government Policy
2. Economies of Scale
3. Cost Disadvantages Independent of Scale
4. Product Differentiation
5. Monopoly Elements
6. Capital Requirements

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Strategic Management Process

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