Professional Documents
Culture Documents
Essentials of Business Environment
Essentials of Business Environment
Chapter 1
BUSINESS AND ITS ENVIRONMENT AN INTRODUCTION
Learning Objectives
The nature and scope of business Shortlist characteristics of contemporary business Define vision, mission and goals of business Describe criticisms of business Understand the nature of environment Understand the process of environmental analysis Suggest a suitable organisational arrangement for scanning the environment.
Commodity Czars
Company Product Annual Capacity Rank
Mittal Steel Birla Viscose Basell (Chatterjee/Access)* Reliance Industries Hero Cycles Essel Propack Bharat Forge Moser Baer Hero Honda Jubilant Organosys Orchid Chemicals
*Deal yet to be concluded
Steel Viscose fibre Polypropylene Polyester Cycles Laminated Packaging Forgings Optical media storage Two-wheelers Pyridine Cephalosporin
70 million tonnes 251,850 tonnes 8 million tonnes 1.8 million tonnes 5.2 million units 4 billion units 102,900 tonnes 2.5 billion units 2.6 million units 22,500 tonnes 1,100 tonnes
1 1 1 1 1 1 2 3 1 2 5
Business Objectives
Business Critics
Environment of Business