SlideShare a Scribd company logo
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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