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    Business Environment
    Business Environment
    Business Environment
    Ebook110 pages1 hour

    Business Environment

    By Hiriyappa .B

    3.5/5

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    About this ebook

    Business Environment can use as a manual for how to develop and analysis of business in a complex, critical, dynamic and progressive competitive environment. It is ideal for self- study and context includes the analysis of business and its components.

    This book is specially designed for those who are the students of Business, MBA, PGDM & Executives. IT management, businessmen, entrepreneurs, consultants, small business owners, clients, customers, professionals, operating managers, middle-level managers across the management consultant, business executives and business professionals such as director of forecasting and planning, forecast manager, director of strategic planning, director of marketing, sales manager, advertising manager, CFO, financial officer, controller, treasurer, financial analyst, production manager, brand/product manager, new product manager, supply chain manager, logistics manager, material management manager, purchasing agent, scheduling manager, director of information systems and non MBA’s. Non-business background persons and stakeholders who look beyond not only profits but also to know and learn how to sharpen your firm’s environment edge and improve competitiveness and give a boost to your business or profession.

    LanguageEnglish
    PublisherHiriyappa .B
    Release dateMay 8, 2017
    ISBN9781370580033
    Business Environment
    Author

    Hiriyappa .B

    Dr.Hiriyappa.B is a Ph.D., MPhil., MCom. Coordinator, Department of Post Graduation Studies in Commerce. He has Coach, Trainer, Speaker and Consultant in Management.

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      Book preview

      Business Environment - Hiriyappa .B

      BUSINESS ENVIRONMENT

      Dr.Hiriyappa.B, Ph.D.

      Business Environment by Dr Hiriyappa B

      © 2019 by Dr Hiriyappa B. All rights reserved.

      Smashwords Edition

      ISBN : 9781370580033

      No part of this book may be reproduced in any written, electronic, recording, or photocopying without written permission of the publisher or author. The exception would be in the case of brief quotations embodied in the critical articles or reviews and pages where permission is specifically granted by the publisher or author.

      Although every precaution has been taken to verify the accuracy of the information contained herein, the author and publisher assume no responsibility for any errors or omissions. No liability is assumed for damages that may result from the use of information contained within.

      Contents

      Chapter 1 Business

      Chapter 2 Business Environment

      Chapter 3 Environmental Analysis

      Chapter 4 Components of Business Environment

      Chapter 5 Internal Analysis Of The Organization / Company

      Chapter 6 External Environment

      Chapter 7 Micro / Operating Environment

      Chapter 8 Economic Environment

      Chapter 9 Political - Legal Environment

      Chapter 10 Socio–Cultural Environment

      Chapter 11 Demographic Environment

      Chapter 12 Natural Environment

      Chapter 13 Technological Environment

      Chapter 14 Global Environment

      Chapter 15 Competitive Environment

      Chapter 16 Five Force Model

      1

      BUSINESS

      Environment factors of constraints are largely if not totally external and beyond the control of individual industrial enterprises and their arrangements. These are essentially the ‘givers’ within which firms and their managements must operate in a specific country and they vary, often greatly from country to country.

      Barry M. Richman and Melvyn Copen

      The environment includes outside the firm which can lead to opportunities for or threats to the firm. Although, there are many factors, the most important of the sectors are soci-economic, technical, supplier, competitors, and government.

      Glueck and Jauch

      Analysis is the critical starting point of strategic thinking.

      Kenichi Ohmae

      It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.

      Charles Darwin

      Strategy is a deliberate search for a plan of action that will develop a business’s competitive advantage and compound it.

      Bruce D. Henderson

      Awareness of the environment is not special project to be undertaken only when warning of change becomes deafening.

      Clifton Garvin, Kenneth R. Andrews

      INTRODUCTION

      In this book, we shall discuss about the business, major objectives of business such as survival, stability, growth, efficiency and profitability, environmental influence to business, environment analysis, characteristics of business environment, components of business environment, to know the relationship between the organization and its environment, the micro and macro environment and its elements like customers, competitors, organization, market, suppliers, intermediaries, demographic, economic, government, legal, political, cultural, technological and global environment impact on business. Companies how to enter into global market, its manifestation trends, strategic response to business, Porter’s competitive and five forces model analysis for business enterprises in industry, commerce and services sector.

      DEFINITION OF BUSINESS

      The term ‘typically` refers to the development and processing of economic values in society. Normally, the term is applied to portion of economic activities. It main purpose is to provide goods and services to society in systematic manner. It is also applied to economics and commercial activities of institutions. It considers as other purposes.

      Business principally comprises of an all profit seeking activities of the organization. It provides goods and services to customer, clients. It is the necessary to economic system. It is the major economic pulse of a nation; A Good business activities have to be striving to increase society’s standard of living. Business main motives are profit. It is a primary mechanism for motivating of doing business.

      Organization has to do business. It has to make distribution of any article or service to the customers, who are belonging to members of the society. Business may be or may not be satisfied customer’s needs. Business provides goods and services to customers and customers are willing to pay for it.

      Business may be defined as the organized effort by individuals to produce goods and services to sell these goods and services in a market place and to reap some reward for this effort.

      Functionally, may define business as those human activities which involves production or purchase of goods with the object of selling them at a profit margin. The term business refers to the state of being busy for an individual, group, organization or society.

      It is also interpreted as one’s regular occupation or profession or economic activities. It deals with particular entity, company, organization, enterprise, firms or corporation.

      It also interpreted as particular market segment sector like computer business and it included under term business. It is wide and willing to use different activities. It consists of purchase, sale, manufacture, processing, marketing of products, services like manufacturing, trading, transportation, warehousing, banking and finance, insurance and advertising etc.

      It is clearly stated that all business activities main purpose is to earn profit. Profit as a surplus of business and it accrues and distributed to the owners of the business. Business has to pay wages to workers who work in the business. People invest money in business due to getting a return. Return is profit from the business. It is rewarded to investor because of they are taking the risk.

      Profit is the motive for the investor who serves and run business

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