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LoginMention the various dimensions of business environment
General Awareness BUSINESS-ENVIRONMENT IN GENERAL AWARENESS 2 years ago
1. Economic environment :
The economic environment consists of the factors and forces concerning with means of production and distribution of wealth.
2. Social environment :
The social environment consists of all the social cultural forces within which business firms operate.
3. Political environment :
The political environment consists of the forces concerning management of public affairs and their impact on business.
4. Technological environment :
It refers to the change taking place in the method of production and use of equipment to improve the quality of product.
5. Legal environment :
The legal environment consists of laws and regulations of the country.
Posted on 06 Oct 2022, this text provides information on General Awareness related to BUSINESS-ENVIRONMENT IN GENERAL AWARENESS. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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