BUSINESS ENVIRONMEN

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CONTENTS

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•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

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IMPORTANCE

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IMPORTANCE

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ECONOMIC ENVIRONMENT

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NON-ECONOMIC ENVIRONMENT

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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?

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