Business environment and its components


Question 1: What do you mean by the term business environment? Explain its different components.

Question 2: Describe the concept of economic growth. Illustrate different indicators of economic development in the context of India.

Question 3:

a) Describe the objectives of the new industrial policy (1991) of India.
b) Discuss the causes of industrial disputes.

Question 4: Differentiate between the given terms:

a) Current account and capital account.
b) Joint venture and public sector.

Question 5: Write short notes on the given terms:

a) Workers’ participation in the management.
b) Institutional framework for promoting the small-scale industries.

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Business Economics: Business environment and its components
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