The document discusses the business environment and factors of production that include man, money, material, and machines. It outlines the goals of business as profit, market leadership, quality products and services, growth, consumer and employee satisfaction, and service to society. The document also examines different types of markets and components that make up a business's internal and external environment such as customers, suppliers, consumers, buyers, economic, political, technical, socio-cultural, natural, and global factors. Finally, it discusses India's New Industrial Policy of 1991 and the main features of liberalization, privatization, and globalization.

1. BUSINESS ENVIRONMENT

2. Factors of productions
Man
Money
Material Money
Machine

3. Goal of business
1. Profit
2.Market leader ship
3.Quality of product @services
4. Growth
5. Consumer satisfaction
6.Employe satisfaction
7.Service to society

4. Market types
monopoly diopoly monopolist
R TC
private

5. Components Of Environment
➢ Internal environment
➢ External environment

6. customers
suppliers
consumers
Buyers
economic
political
Technical
Socio culture
Natural
Global
Internal
environment
External
environment

7. • Suppliers
• Customers
• Consumers
• Buyers
Internal Environment

8. External environment
• Economic environment
• Political environment
• Technical environment
• Socio culture environment
• Natural environment
• Global environment

9. Process of Environmentalanalysis
scanning
monitoryassessment
forecasting

10. New Industrial Policy 1991
• To build on the gains already made in the
industries sector.
• To maintain a sustained growth in productivity
and gainful employment and
• To attain technological dynamism and
international competitiveness
Manmohan Singh
P. V. Narasimha Rao
Prime minister
Finance minister

11. Delicensing
Foreign investment policy
Foreign technology agreements
Public Sector policy
MRTP Act
Main features

12. LPG POLICY
LIBERALISATION
PRIVATISATION
GOLOBALISATION