Business Environment

Business environment is the totality of all such factors which influence the working and decision-making of a business organization and encompasses the climate or set of conditions-economic, political, legal, social, institutional and technological-under which every business organization has to operate. Business environment is a relative concept comprising monetary, fiscal, industrial, licensing, export-import, social and technological policies having great bearing on economic and business environment. Delving deep into all these policies in India and describing all basic concepts, tools, techniques and systems along with economic, political, social, legal, technological environments, the book "Business Environment" makes an elaborate presentment of various aspects of economic activities like internal and foreign trade; systems, structure, planning, public enterprises, government control, financial and social institutions, social groups and responsibilities, foreign investment and patent laws influencing business environment in India. Further, it also includes international aspects like multinational corporations, WTO, World Bank, IMF and devaluation along with their impact on business environment internationally and specifically nationally. Inclusion of provisions of FERA and MRT Act makes the book wholesome and thorough. This vast and lucid book has been specifically designed according to the syllabus to suit to the needs of students of higher studies, teachers, researchers and businessmen. The book will enable them to be conversant with business environment.