Moreover, this low level of capital formation in India is also due to weakness of the inducement to invest and also due to low propensity and capacity to save. Another feature of business environment of India is the poor extent of market in the after math of globalization and international competition faced by the country.
These fresh technologies and platforms are offering numerous opportunities for companies to drive strategic business advantage and stay ahead of the competition.
Under-utilization of productive capacity of Indian industries is another important feature of Indian business environment. Terrorism came into sharp focus of the world after the terrorist strike at the World Trade Center on September 11, in the US. Disturbed Law and Order Conditions: But the country is suffering from trady flow of foreign investment, which goes against the promotion of business environment in the country.
The growth has slowed to sub-5 percent levels in the last two financial years hit by slowdown in global and domestic economies and in the absence of much needed growth oriented reforms. Thus the business enterprises have to face the problem of red-tapism, harassment, corruption, undue delay etc.
Outsourcing has help companies reduce their overhead expenses, improve productivity, shorten innovation cycles, encourage new market penetration and also improving customer experience. Indian financial sector has also benefited from advancement in information technology. External business environment includes the political, economical, socio-technological aspects.
Companies may also receive more consumer feedback through these electronic communication methods. Strong foreign exchange reserves have given the economy more fire power to withstand external shocks compared. It poses a serious threat to the existence of major business houses.
Small business owners can also use internet advertising to reach new markets and customers through carefully placed web banners or ads. The external debt, which comprises of government and non-government borrowings, has risen mainly because of increase in the non-government debt.
Both business and trade have gained under the wave of information technology with improvement in efficiency, productivity and bottom line. Due to this shift in the way business is getting conducted has thrown out new reality of ever shortening product and service life cycle.
Moreover, the huge unskilled and untrained labour force is also an important impediment towards technological modernization of the country.
In ordinary parlance, it is understood to denote deliberate and systematic acts of murder, maiming of innocent men, women and children designed to inspired fear and instability in the society for political or pseudo-religious purpose, terrorism is a menace that requires a global response.
Trady Flow of Foreign Investment: Poor Rate of Capital Formation: Threat posed by Terrorism Blasts on. During the past 35 years, the world has witness nearly 20, terrorist incidents.
As a result of this under utilization, the industries in India are suffering from higher unit costs and low profitability syndrome. Another important feature of business environment is the growing industrial dispute leading to strikes and lock-outs in growing number of units as a result of irrational trade union activities.
Sophisticated modern technology is being applied in production units at a very limited scale as it is very much expensive.Sep 08, · business environment in india Going green makes good business sense: Anand Mahindra India is driven by a strong belief at the highest political level that pursuing environmental stability is the only way forward, said Mahindra Group’s Executive Chairman Anand Mahindra.
Technology has revolutionized the way companies conduct business by enabling small businesses to level the playing field with larger organizations. A business firm can interact with its economic environment either by making best use of opportunities or through adjustment of resources and policies to face adverse situation.← Business has limited scope to influence the economic environment.
← Business and Social Environment – ← A business enterprise should conduct its' activities on moral.3/5(2). Here we detail about the thirteen significant features of Indian business environment. 1. Co-Existence of Public and Private Sector: Indian business environment is characterized by the co-existence of both public and private sector in respect of its participation in various economic activities in the country.
Business processes have been modified and organizations are now working much more efficiently than ever. At the same time, technology has opened a new way of communication, allowing businesses to.
INDIAN BUSINESS ENVIRONMENT MBA 2nd Semester (DDE) its owner but now a days the situation is completely changed. Today the business’s responsibility is not limited to its owner but it has assumed large dimension.
Business has to look to the interest of other parties like.Download