Dimensions of Business Environment

Select the correct option and rewrite the sentence.
Changes in ruling government is an aspect of ___________ environment.

Explain the following term/concept.

Internal environment.

Study the following case/situation and express your opinion.

1) The court passes an order to ban polythene bags as the bags are creating many environmental problems which affect the life of people in general.

2) Society in general is more concerned about the quality of life. The government decided to give a subsidy to the jute industry to promote this business.

1. Identify the different dimensions of the business environment.
2. Comment on it.

Justify the following statement:

External factors of business environment are beyond control.

Justify the following statement:

Business firms should be aware of the changes in society.