UNIT -2

POLITICAL ENVIRONMENT
DEFINITION:
the political environment is one of the less
pretictable elements in an organisation business
environment. the fact that demografic government have to
seek re-election every few years has contributer the words a
cyclical political environment.
IMPORTANCE OF POLITICAL ENVIRONMENT:
stability of political system affect the atractiveness
of particular natural market.
government directly pass affect the relationship
between business and customer.
government see business organisation is vechical
for social.
government additionaly responsible for
protecting the public interest.
economic environment influenced by action of
government.
mager consumed of goods and service.
 government policies can influence dominan
social and cultural value of a country.
government is very powerfull which can create a
favourable business environment.
ROLE OF GOVERNMENT IN THE COMPANY:
regulater of business
FUNCTION:
control of monopoly
development of public enterprice
maintanance of proper infrastructure
promoted of business
entreprenuer
planning
PROVISION OF THE INDIAN CONSTRITUTION THAT
ARE APPLICABLE TO THE BUSINESS:
preamble constitution and business
ECONOMIC IMPORTANCE:
economic justice
constitution of accepted
 equality of status and oppurtunity
FUNDAMENTAL RIGHTS AND BUSINESS:
right to equality(articals 14 to 18)
RIGHT TO FREEDOM(ARTICALS 19 TO 22)
freedom of speech and expresion
freedom of piece full
freedom of association
freedom of fractors any professional
RIGHT AGAINST EXPLANATION (ARTICALS 23 TO 24)