Business Environment
Business- Goods and services
Change in Environment- Business effect
Environment- Climate/Surround
वह climate या surround जहाांbusiness
operation conduct किए जातेहैं। Business
environment कहलाते हैं।
*Business Environment: Business Environment means the
sum total of factors Which influence the business and over
which the business has no control.
Significance of business environment
👉 It helps to understand internal environment
👉it helps to understand economic environment
👉 It helps to understand economic policies
👉 it helps to understand market condition
Elements: PESTL
POLITICAL
ECONOMICAL
SOCIAL
TECHNOLOGICAL
LEGAL