Business Environment Explained | 7 Major Factors Affecting Business | Easy & Complete Notes

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🌍 Complete Explanation of Business Environment and Its Major Factors
In this video, we’ll explore the 7 key components of Business Environment — and understand how each factor affects business decisions and performance.
Perfect for students of Class 12, B.Com, BBA, MBA, and NET JRF preparation.

📚 Topics Covered

1️⃣ Economic Environment – Income level, Trade cycle, Market size, Price level, Industrial growth
2️⃣ Political Environment – Government policies, Political stability, Centre-State relations
3️⃣ Socio-Cultural Environment – Religion, Family system, Language, Values, Ethics
4️⃣ Natural Environment – Resources, Climate, Land, Pollution control
5️⃣ Technological Environment – Innovation, R&D, Modernisation
6️⃣ Demographic Environment – Population, Education, Age, Family structure
7️⃣ International Environment – Globalisation, WTO, IMF, World Bank, Trade agreements

💡 What You’ll Learn

✔ Meaning of each environment
✔ Real-life examples of how these factors influence business
✔ Easy and clear explanation with notes
✔ Great for revision before exams and teaching sessions

🎓 Ideal For:

Class 12 Business Studies

B.Com / BBA / MBA Students

UGC NET / JRF Aspirants

Teachers and Competitive Exam Candidates