International expansion or global expansion of business is very helpful or benefited for business and countries. For many business companies, the following are the reasons to expand into international markets: Reduce transport and distribution costs, Better production conditions, Avoid trade barriers, customers base, Meet different rules and regulations, Secure supplies of raw … [Read more...] about Top 12 Benefits of International Expansion of Business
Entrepreneurship and Career
11 Non-Economic Environments Affecting Business Environment
Non-Economic Environment means those surroundings or factors or elements under which the business institutions of any country have to function. In other words, the non-economic environment includes all those elements or factors, which the business organization have to keep in view to establish and operate. These are physical, social, cultural, political, legal, technical, … [Read more...] about 11 Non-Economic Environments Affecting Business Environment
Top 13 Politicals Factors Affecting Business Activities
The political environment also affects business environment and operation of their activities. The interaction between government, politicians, and business significantly affect the form of the business. So, it has been correctly said that political decisions may change even the direction of the business. Politicals Factors Affecting Business Activities Following factors … [Read more...] about Top 13 Politicals Factors Affecting Business Activities
13 Social and Cultural Values Affect Business Environment
Factors like social outlook towards education, literacy, fashion, tendency, population growth, family structure, dynamism, materialism, etc. affect the business environment. In the modern age, new social recognition and values have been established. These include the high quality of life, feelings of respect for people, love for knowledge and education, faith in … [Read more...] about 13 Social and Cultural Values Affect Business Environment
27 Steps Taken for Development of Entrepreneurship in India
After independence, planned efforts were made in India for the development of entrepreneurship and progressive and practical industrial policies were formulated. Various programmes have been implemented to develop entrepreneurs. They are being trained and motivated also. Steps Taken for Development of Entrepreneurship in India In short, the following steps have been taken … [Read more...] about 27 Steps Taken for Development of Entrepreneurship in India
