Transcription of BUSINESS ENVIRONMENT CHAPTER - NCERT
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BUSINESS ENVIRONMENT CHAPTER - NCERT
3 BUSINESS ENVIRONMENTCHAPTERA fter studying this CHAPTER you will be able to: n Explain the meaning of BUSINESS ENVIRONMENT ;n Discuss the importance of BUSINESS ENVIRONMENT ;n Describe the various elements of BUSINESS ENVIRONMENT ; andn Examine the economic ENVIRONMENT in India and the impact of Government policies on BUSINESS and OBJECTIVESOn what seemed like a regular day at work Dharamveer Kamboj, a rickshaw puller, was riding through the streets of Delhi when he met with a terrible accident. This was an event that would change his life forever. Knowing that he wouldn t be able to go back to his work, he made the decision of returning to his native village in the Yamunanagar district of Haryana to begin life anew. Being a school dropout with no technical training of any kind further restricted his scope in terms of desire to do something out of the ordinary kept stirring in his heart time and again.
Business Environment 73 measures as improving the quality of the product, reducing cost of the production, engaging in aggressive advertising, and so on. (iii) It helps in tapping useful resources: Environment is a source of various resources for running a business.
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