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Indian business environment final touch
 

Indian business environment final touch

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    Indian business environment final touch Indian business environment final touch Presentation Transcript

    • INDIAN BUSINESS ENVIRONMENT
      MODULE 1
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      BUSINESS
      It is the human activity directed towards the acquisition of wealth through the production of exchange of goods and services.
      A business enterprise is an economic institution as it is engaged in the production and distribution of goods and services in order to earn profits.
    • NATURE AND SCOPE OF BUSINESS ENVIRONMENT
      The scope of business is vast . Various business activities may be classified into two broad categories:
      • Industry
      • commerce
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    • INDUSTRY
      Its branch of business which is concerned with the production of goods and services.
      Some types of industries are:
      EXTRACTIVE INDUSTRIES:
      Products drawn out from natural resources.eg;agriculture,mining,
      fishing.
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    • GENETIC INDUSTRY:multiplying
      or reproduction of certain species of plants and animals.eg;forestry,poultry
      MANUFACTURING INDUSTRY:
      Conversion of raw material into finished products.
      These are further of many types….
      • Analytical industry
      • Synthetic industry
      • Processing industry
      • Assembling industry
      • Construction industry
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    • COMMERCE
      It includes all those activities which ensures a free and smooth flow of goods and services from producers to consumers.
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    • TRADE
      its concerned with sale or transform or exchange of goods and services.
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      Domestic trade
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      WHOLE SALE TRADE
      RETAIL TRADE
    • International trade
      import trade
      export trade
      entrepot trade.
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    • AIDS TO TRADE
      INSURANCE
      BANKING
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      TRANSPORTATION
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      ADVERTISING
      WAREHOUSE
    • CHARACTERISTICS OF MODERN BUSINESS.
      ECONOMIC ACTIVITY
      All activities relating to the production and distribution of goods and services are called economic activity.
      SALE
      Exchange of goods and services for price.
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    • DEALING IN GOODS AND SERVICES
      Provides goods and services to society.
      PROFIT MOTIVE
      Business carried with purpose of earning profit
      RISK OR UNCERTAINITY
      The risks are always there in the business.
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    • ORGANISATIONS
      Its helpful in smooth running of the business and achieving the objectives.
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    • CONSUMER SATISFACTION
      The business should try to satisfy the needs of consumers in order to maintain their customers.
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    • GLOBALISATION
      Products are being sold through global network.
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      McDonald’s Franchises Are Sold Worldwide
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      RED BULL
    • Objectives of modern business…
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      PROFIT
      GROWTH
      POWER
    • EMPLOY SATISFACTION AND DEVELOPMENT
      QUALITY PRODUCTS AND SERVICES
      MARKET LEADERSHIP
      CHALLENGING
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    • Joy of creation
      Services to society
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    • BUSINESS ENVIRONMENT
      It’s the set of conditions economic,social,political or institutional in which business operations are conducted.
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    • INTERNAL ENVIRONMENT
      Factors existing within a business firm.these factors are controllable.
      Mission and objectives
      Top management structure.
      Power structure
      Human and other resources.
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    • EXTERNAL ENVIRONMENT
      Micro environment
      Macro environment
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    • POLITICAL AND LEGAL ENVIRONMENT
      It refers to the influence exerted by the three political institutions viz,legislature,executive,and the judiciary in shaping directing developing and controlling business activities.
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    • LEGAL ENVIRONMENT
      It consist of all the rules regulations and procedures which govern business activities.
      General laws
      Financial laws
      Labour laws
      Taxation laws
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    • SOCIO-CULTURAL ENVIRONMENT
      It refers to the influence exercised by certain factors which are beyond the company’s gate.
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