Economic planning is the making of major economic decisions; what and how much to be produced and to whom it is to be allocated by the conscious decision of a defined authority, on the basis of a comprehensive survey of the economic system as a whole.
Small scale industries (SSI) refer to those small entrepreneurs who are engaged in production, manufacturing or service at a micro-scale.
What is Economic Environment? Economic environment refers to all those economic factors which have a bearing on the functioning of…
The financial environment is an important part of an economy, where the major participants are the business firms, investors and the market.
What are the Problems of Growth in Business Environment? Growth is the main aim of a business. Not every growth…
There are two factors that affect the operation of the business. These can also be classified into two categories. Internal factors and external factors.
The labour environment is an important component of the business environment. The quality of the workforce helps in achieving the goals of the organization.
In the previous article, we learn that the term ‘business environment’ means the sum total of all individuals, institutions and…
What do you mean by Business Environment? The business Environment is the sum total of all external and internal factors…
