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  • Introduction To Business Environment: Muhammad Shahmeer Hashmi BE-17-17

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    The document discusses the business environment and its importance. It states that the business environment includes both internal and external factors that influence a business. The external environment includes political, economic, social, technological, cultural and legal spheres. Businesses must understand their environment to identify opportunities and threats and develop appropriate policies. The environment is always changing so businesses must adapt their strategies accordingly. Customers are also an important part of the environment as businesses exist to fulfill customer needs.

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    The document discusses the business environment and its importance. It states that the business environment includes both internal and external factors that influence a business. The external environment includes political, economic, social, technological, cultural and legal spheres. Businesses must understand their environment to identify opportunities and threats and develop appropriate policies. The environment is always changing so businesses must adapt their strategies accordingly. Customers are also an important part of the environment as businesses exist to fulfill customer needs.

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    33 views18 pages

    Introduction To Business Environment: Muhammad Shahmeer Hashmi BE-17-17

    Uploaded by

    Usama vlogs
    The document discusses the business environment and its importance. It states that the business environment includes both internal and external factors that influence a business. The external environment includes political, economic, social, technological, cultural and legal spheres. Businesses must understand their environment to identify opportunities and threats and develop appropriate policies. The environment is always changing so businesses must adapt their strategies accordingly. Customers are also an important part of the environment as businesses exist to fulfill customer needs.

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    © All Rights Reserved
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    of 18

    Introduction to

    Business Environment
    Muhammad Shahmeer Hashmi BE-17-17
     Each business operates in some sort of an environment
     It may be internal or external
     It has a direct impact on the output of business
     Business interacts with its environment for mutual benefit
    What to purpose
    Know?  Interaction differs with different businesses for intensity and
    effectiveness, which determine business’s performance
     Thus, identification of the environment and the benefits or threats
    to expect from it is vital for businesses
     Environments may be political, economic, social, technological,
    Environment cultural and legal
    as an object  The different nature brings different policies and thus different
    ways to interact for business
    and a subject  The businesses react by making their own policies to get the
    of policy desired maximum advantage from the environment (any type)
     Environments are not static; they keep evolving with time. For
    making example, the technological environment
     Environment has customers who are important stakeholders
    Environment  Customers have needs which they complete through businesses
    as determinant  Identification and completion of these needs is the objective
    of  Environment serve to maximize resources which serve to expand
    organizational the business
     Showing concern for the environment is a modern perspective,
    strategy and it has big implications for large corporations
    Types of International
    Business Environment
    Salman Abbas BE-17-66
    Types of 1. Internal Environment-
    Environment o Value system
      o Vision, Mission and Objectives
    o Management Structure and Nature
    o Internal Power Relationship
    o Human Resources
    o Company Image and Brand
    o Physical assets, R&D and Financial strengths
    2. External Environment
    Types of
    Environment i. Micro Environment- Suppliers, Customers, Competitors,
    - Continue ii.
    Financiers, Publics, Marketing intermediaries
    Macro Environment.
    o Social Factors
    o Economic Factors
    Types of o Cultural Factors

    Environment- o Geographical Factors


    o Technological Factors
    Continue
    o Political Factors
    o Legal Factors
    HUSNAIN TALIB
    BHATTI
    BE-17-53
    TOPIC: INTERNATIONAL BUSINESS ENVIROMENT
     Population.
    SOCIAL  Age.

    ENVIROMEN  Occupational.
     Income Level.
    T
     Family.
     Nature of the economy.
    Economic  Structure of the economy.

    Environment  Economic Policies.


     Economic conditions.
    Political
    Environment
    Legal
    Enviroment
    MUHAMMAD SAAD
    BE-17-58
    Topic:International business environment
     Significant deelopment in large Indian consumer market

    Domestic  Encourage many froeigen brand to enter into trade with Indian
    companiese
    developments  Retail got the particular intension as it is the second largest sector
    in trad: in India
     India has undergone a profound shift in the economic
    environment
     Since the mid 1980: successive reform have progressively moved
    the indian economy towards the toward the MBS
    Recent  State intervention and control over economic activity has been
    Economic and reduced
    Financial  Role of Private Sector entrepreneurship has increade

    environment  Reform had major beneficial impact on the economy


     The annual growth in GDP per capita has accelerated and
    estimated to be 8% annually
    Continued  Helped to reduce povety

    incread in  Significan poblem still remained un resolve


     Fundamental development flaw facing the country that would
    economic required a marked improvement in the ifrastructural
    growth development.

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