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Entrepreneurial Strategy and Risk Mitigation Entrepreneurial strategy refers to the plan and actions an entrepreneur takes to achieve business goals and gain a competitive edge in the market. It involves identifying opportunities, navigating risks, and utilizing resources effectively to succeed in the business environment. This strategy helps an entrepreneur make informed decisions and choose the … Read more

Impact of Russia-Ukraine War on Global Business The ongoing war between Russia and Ukraine, which started in 2022, has caused major changes in the global business environment. It has affected energy supplies, trade, and prices, leading to challenges for businesses worldwide. i. Energy Crisis: The war disrupted the supply of oil and gas from Russia, … Read more

Changing Socio-Cultural Environment in Nepal The socio-cultural environment refers to the social and cultural factors that affect people’s behavior, choices, and lifestyles. In Nepal, this environment is rapidly changing due to urbanization, modernization, and shifts in values and beliefs. Nepal is experiencing changes in its social and cultural environment. These changes include shifts in values, … Read more

Components of Socio-Cultural Environment The determinants/ components of the sociocultural environment are mentioned below: i. Attitude: Attitudes are how people feel about things, like work or social issues. These feelings can influence what they buy and how they act. ii. Belief: Beliefs are what people think is true or important. These can affect their choices … Read more

Importance of Understanding Society in Business A business organization must be aware of society’s performance, values, beliefs, and practices because they directly influence its operations, reputation, and overall success. When businesses understand and adapt to societal expectations, they can build trust, avoid conflicts, and operate more effectively. Here’s how society’s performance, values, beliefs, and practices … Read more

Assessment of FIA 2074 and Its Business Impact The Foreign Investment Policy (FIA) 2074 of Nepal is designed to make it easier and more attractive for foreign investors to invest in the country. Here’s a simple assessment of the policy and how it creates a friendly environment for investment: The key features of FIA 2074 … Read more

Issues of Political Stability Political stability is important for businesses to grow. In Nepal, political challenges like frequent government changes and changing policies make it hard for businesses to plan and grow. These issues create uncertainty for businesses and the economy. i. Frequent Government Changes: Frequent changes in government cause instability. This makes it difficult … Read more

Trends in Nepalese Politics and Business Impact The political environment refers to the laws, rules, and government actions that affect how businesses operate in a country. The political environment includes the stability of the government, how it is organized, and how it interacts with the economy. Understanding the political environment is important for businesses, investors, … Read more

Current State of Agriculture Sector of Nepal Answer – Click Here