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What do you mean by business environment

Posted by Nikhil Khandelwal 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Sia ? 5 years, 5 months ago

The business environment is the sum total of all external factors that influence the functioning of a business enterprise. The combination of internal and external factors that influence a company's operating situation. The business environment can include factors such as: clients and suppliers; its competition and owners; improvements in technology; laws and government activities; and market, social and economic trends.

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Related Questions

Identify the marketing management philosophy adopted in the following cases: Chanda, a note-book manufacturer for students, decided to maximize her profit by producing and distributing at large scale and thereby reducing the average cost of production. Indira, a dealer of refrigerators decided to maximize her profits by using different promotional efforts in an aggressive way. Shikha surveyed the market and found that customers need lemon based cold drinks in summers. She decided to produce lemon-masala cold drinks in the market.

Posted by Deexita Swarnkar 4 months ago

CBSE > Class 12 > Business Studies

0 answers

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Posted by Yuvraj Singh 4 months, 3 weeks ago

CBSE > Class 12 > Business Studies

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2. Hero Ltd.’s target is to produce 10,000 shirts per month at a cost of ₹ 150 per shirt. The Production Manager was able to produce 10,000 shirts at a cost of ₹ 140 per shirt but not within the stipulated time. As a result, there was loss of revenue. In this case the Production Manager is: a. effective but not efficient b. efficient but not effective c. Neither effective nor efficient d. All of these

Posted by Saku Shar 5 months, 1 week ago

CBSE > Class 12 > Business Studies

1 answers

Don't post personal information, mobile numbers and other details.
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Posted by Naina Mishra 4 months, 3 weeks ago

CBSE > Class 12 > Business Studies

0 answers

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
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Posted by Vanshika Nandwani 4 months, 3 weeks ago

CBSE > Class 12 > Business Studies