Introduction of gst comes under which component of business environment or environments and how does it affect the business in different situations. Explain clearly.

Open in App

Solution

Dear student,
Introduction of GST comes under the legal environment of business. It is part of the laws and policies of government and has to be mandatory followed by the business persons.

Suggest Corrections

Similar questions

How would you characterise business environment? Explain, with examples, the difference between general and specific environment.

How would you characterise the business environment? Explain with examples the difference between specific and general environment.

Which of these economic factors affect business environment?

Q. How does understanding of business environment help in improving performance of a business?

The people of some regions translated the slogan of "Come Alive" used by Pepsi company as " Come out of the grave." As a result company lost its market share rather than picking up. This is the effect of which environment and how does this dimension of environment affect the business?

Join BYJU'S Learning Program

Introduction of gst comes under which component of business environment or environments and how does it affect the business in different situations. Explain clearly.

Dear student, Introduction of GST comes under the legal environment of business. It is part of the laws and policies of government and has to be mandatory followed by the business persons.

Dear student,
Introduction of GST comes under the legal environment of business. It is part of the laws and policies of government and has to be mandatory followed by the business persons.