Topics
Introduction of Commerce and Business
Trade
- Concept of Trade
- Internal Trade
- Wholesale Trade
- Retail Trade
- Types of Retailers> Itinerant Retailers
- Types of Retailers> Fixed Shop Retailer
- Small Scale Fixed Retailer
- Large Scale Fixed Retailers
- Departmental Stores
- Super Market Shop
- Chain Stores or Multiple Shops
- One Price Shop
- Concept of Mall
- International Trade
- Export Trade
- Procedure of Export Trade
- Import Trade
- Procedure of Import Trade
- Entrepot Trade
- Comparison of Different Types of Retailers and Trade Practices
Small Scale Industry and Business
Forms of Business Organisation - 1
- Private Sector Organisations
- Sole Trading Concern
- Partnership Firm
- Types of Partners
- Types of Partnerships Firms
- Hindu Undivided Family Business Or Joint Hindu Family Business
- Co-operative Society
- Types of Cooperative Societies
- Joint Stock Company
- Amul: A Successful Co-operative Movement in India
- Private Limited Company
- Public Limited Company
- Comparison of Different Forms of Business Organization
Forms of Business Organisation - 2
Institutes Supporting Business
Business Environment
- Concept of Business Environment
- Importance of Business Environment
- Dimensions of Business Environment
- Internal Factors
- External Factors> Natural Environment
- External Factors> Social Environment
- External Factors> Political Environment
- External Factors> Economic Environment
- External Factors> Technological Environment
- External Factors> Legal Environment
- New Economic Policy and Business
- Liberalisation
- Privatisation
- Globalisation
- Impact of New Economic Policy on Business
Introduction to Management
- Introduction
- Major Political Institutions Affecting Business
- Importance for Business
- Real-Life Application
- Key Point Summary
Maharashtra State Board: Class 11
Introduction
The political environment refers to all government actions, policies, and political conditions that influence how businesses operate.
It includes:
- Political stability or instability in the country
- Ideology of political parties in power
- Attitudes of government officials towards business activities
A stable political environment builds investor confidence and promotes growth.
Maharashtra State Board: Class 11
Major Political Institutions Affecting Business
Maharashtra State Board: Class 11
Importance for Business
Maharashtra State Board: Class 11
Real-Life Application
When India introduced the Goods and Services Tax (GST):
- The legislature passed the GST Act
- The government enforced its implementation and guided businesses on compliance
- The judiciary resolved disputes on the interpretation of GST laws
Impact: Businesses had to change billing systems, pricing, and accounting formats to comply.
Maharashtra State Board: Class 11
Key Point Summary
- The political environment consists of government actions, policies, law and order, and relations with other countries.
- Three main institutions influence business:
- Legislature (makes laws)
- Government (implements laws)
- Judiciary (ensures justice)
- Political stability promotes business growth.
- Frequent policy changes create uncertainty for businesses.
