Economic And Social Environment

The term Business Environment is composed of two words ';Business' and ';Environment'. In simple terms, the state in which a person remains busy is known as Business. The word Business in its economic sense means human activities like production, extraction or purchase or sales of goods that are performed for earning profits. Social or Societary environment of business means all factors which affects business socially. Every business works in a society, so societies '; different factors like family, educational institutions and religion affects business. But as the country's population and economy continue to grow, the need to find solutions becomes more urgent every day. Across India, concern is mounting over an ever growing list of environmental problems. More people means increased pressure on natural resources (from water to forests), while an economy in high-gear is leaving a trail of pollution that's affecting not only India, but the rest of the world too. Students, after going through the book, would have an elaborate insight into the subject covered.