itft - intro to business environment

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Meaning of Business Environment, scope, features types

TRANSCRIPT

BUSINESS ENVIRONMEN

T

ITFT College 104/08/23

CONTENTS

ITFT College 204/08/23

•Meaning •Features•Importance•Types

Economic Environment Non-Economic Environment

MEANING

• External forces, factors and institutions that are beyond the control of the business and affect the functioning of a business enterprise.ITFT College 304/08/23

FEATURES

ITFT College 404/08/23

IMPORTANCE

ITFT College 504/08/23

IMPORTANCE

ITFT College 604/08/23

ITFT College 704/08/23

ECONOMIC ENVIRONMENT

ITFT College 804/08/23

NON-ECONOMIC ENVIRONMENT

ITFT College 904/08/23

Questions

• Explain Business environment in simple words.

• Give any recent example of changes and development in it.

• Why do we need to study?• What is the difference between economic

and non economic environment?

ITFT College 1004/08/23

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