The legal environment refers to the framework of laws, regulations, and court decisions intended to encourage, guide, and control business activities. Some are designed to protect workers, consumers, and communities. Others are designed to regulate the behavior of managers and their subordinates in business and other enterprise. The term ‘ legal environment’ of a business … Read more
Business environment refers to all the factors or forces that affect the operations of the business organization. There are two types of business environment: Internal Environment and External Environment. These factors include economic, social, political, legal, technological, and environmental elements. A favorable business environment helps businesses thrive, while challenges in the environment may hinder growth. … Read more
Business environment refers to all the factors or forces that affect the operations of the business organization. There are two types of business environment: Internal Environment and External Environment. These factors include economic, social, political, legal, technological, and environmental elements. A favorable business environment helps businesses thrive, while challenges in the environment may hinder growth. … Read more
Business Environment and Strategic Management Business environment refers to all the factors or forces that affect the operations of the business organization. There are two types of business environment: Internal Environment and External Environment. Environmental analysis is a critical component of the strategic management process. The following are the uses of business environment analysis in … Read more
The socio-economic dimensions significantly influence the manufacturing businesses operating. The economic dimensions encompass various factors, including consumer behavior, cultural values, and economic conditions, all of which shape the business environment. The socio-economic dimensions affect the business environment in the following ways: 1. Attitude The attitudes of the local population towards manufacturing can significantly influence the … Read more
Level: Bachelor Year: 2023 Programme: BBA/BBA-BI Full Marks: 100 Course: Business Environment in Nepal Pass Marks: 45 Semester: VII Semester Time: 3hrs University: Pokhara University Business Environment in Nepal Questions with Answer – 2023 Spring (BBA/BBA-BI) Section “A” Very Short Answer Questions 1. Define business environment.Answer: The business environment is everything around a business that affects its operations, … Read more