Business Environment
by Preksha Mehta
1. Meaning
1.1. Sum Total of all External Forces
1.2. Outside the control of business
1.3. Affect the performance of business
2. Impact of Policy Changes
2.1. Increasing Competition
2.2. More Demanding Customers
2.3. Rapidly Changing Technological environment
2.4. Necessity for Change
2.5. Need for developing Human Resources
2.6. Market Orientation
2.7. Loss of Budgetary Support
3. Demonetisation
3.1. Announced on 8th November 2016
3.2. Objectives
3.2.1. stop circulation of black money
3.2.2. check tax evasion
3.2.3. curb corruption