Business environment helps in planning and policy formulation. State true and false.
True
False
True. Business environment helps in planning and policy formulation.
It is very difficult to understand the impact of business environment on companies. State true or false.
Recently, many companies have planned for major investment in retail business. Increasing incomes, rise in living standards, government policy of liberalisation and its favourable attitude towards modernisation has favoured their decision.
Identify the various dimensions of business environment and explain their effect on business.
Factors affecting business environment like economic conditions or legal constraints affect the choice of distribution channels. State true or false.