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Video tutorials - Business Studies: Principles and Functions of Management - Management and Business Environment (Central Board of Secondary Education (CBSE))

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Management and Business environment [00:15:33]
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Management and Business Environment
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Description

Units/Topics-

  • Business Environment- concept and importance
  • Dimensions of Business Environment- Economic, Social,Technological, Political and Legal
  • Impact of Government policy changes on business with special reference to liberalization, privatization and globalization in India

learning outcome-

After going through this unit, the student/ learner would be able to:

  • Understand the concept of 'Business Environment'.
  • Appreciate the importance of business environment.
  • Describe the various dimensions of 'Business Environment'.
  • Examine the impact of government policy changes on business and privatization in India with reference to liberalisation and globalisation since 1991.
  • Appreciate the managerial response to changes in business environment.
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