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LG GROUP 15
MAINAK GHOSH
UTSAV BASU
ARINDAM MUKHERJEE
What is Business Environment ???
Business environment is the sum total of all external
and internal factors that influence a business.
CLASSIFICATION OF BUSINESS ENVIRONMENT
TECHNOLOGICAL ENVIRONMENT
Technology is a means by which we
adapt to, change, or control our
environment. Technological change is
any advancement in of the art creating
consumer products or business processes.
Features of technological
environment
• Growth.
• Technology makes more technology possible.
• It requires research and development.
• Helps promote business using Technology.
• Shows not only the success of the firm but also of the
country.
• Increased Productivity.
• Need For Professional Managers And Skilled
Employers.
• Technology Creates Substitutes.
• Technology Results In Opposition.
• It Has Increased Business Mobility.
Examples of impact of technology on
business
THANK YOU

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Business environment