Question

business operate in the environment is created by the interelationship brtween business government and society , discuss th edynamic environment with regards to the underlying historical forces changing the business and the seven environments of busindss

Answer 1

Business Environment includes all the forces, institutions and factors which directly or indirectly affect the Business Organizations.

Business environment includes specific forces such as investors, customers, competitors and suppliers. Non-human or general forces are Social, Legal, Technological, Political, etc. which affect the Business indirectly.

The impact of Business environment may differ from company to company or country to country. For example, when consumer organisation CES published the report of finding pesticides in cold drinks, resulted in decrease in sale of cold drinks, on the other hand it increased the sale of juice and other drinks.