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An established pharmaceutical company from the United States has done scanning of its business environment and realises the following factors of potential growth in India. (i) Government in India is encouraging NRIs and foreign investors to invest in Indian companies. (ii) There would be an improvement in the quality of life of people in India. (iii) The ruling party is encouraging the foreign companies in India. (iv) A law has been passed in the parliament relating to delicensing policy on industries. (v) Procedure for import and export of technology has been simplified. What are the various dimensions of the business environment? Give an example of each. |
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Answer» An established pharmaceutical company from the United States has done scanning of its business environment and realises the following factors of potential growth in India. (i) Government in India is encouraging NRIs and foreign investors to invest in Indian companies. (ii) There would be an improvement in the quality of life of people in India. (iii) The ruling party is encouraging the foreign companies in India. (iv) A law has been passed in the parliament relating to delicensing policy on industries. (v) Procedure for import and export of technology has been simplified. What are the various dimensions of the business environment? Give an example of each. |
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