10. NATURE,COMPONENTS AND DETERMINANTS OF BUSINESS ENVIRONMENT COMPLEX SO BUSINESS ENVIRONMENT COMPLEX UNSTABLE

16. INPUT PROVIDER CUSTOMER CHANNEL MEMBERS BUSINESS GOVERNEMENT EMPLOYEE RIVALS DOMESTIC MACRO ECONOMIC ENVIRONMENT GROWTH AND DISTRIBUTION ENVIRONMENT ECONOMIC SYSTEM ECONOMIC STABILITY ECONOMIC POLICY SOCIAL CULTURE ENVIRONMENT NON MACRO ENVIRONMENT COMPETITIVE ENVIRONMENT DEMOGRAPHIC ENVIRONMENT INTERNATIONAL ENVIRONMENT INTERNATIONAL ENVIRONMENT COMPONENTS OF B.E DIFFERENT LAYERS OF B.E OF FIRM

17. GLOBAL B.E MAY CAUSE CHANGES IN DOMESTIC ENVIRONMENT BUT EFFECT OF LATTER ON POLICY ENVIRONMENT MAY BE SLOW AND LAGGARD

23. HOW GDP IS THEN ALLOCATED.

35. SO FIRM RESEARCH  DEEPLY AND UNDERSTAND– TO GO INTERNATIONAL MARKET.

48. CONSUMER PROTECTION: CONSUMER RIGHTS,DISPUTES,COMPLAINTS AND GRIEVANCE REDRESSAL SYSTEM. ESSENTIAL COMMODITIES– COVERING THEIR SUPPLY, PRICES, QUALITY WEIGHT, MEASURE AND PACKAGING- COVERING STANDARD UNITS, PACKAGING NORMS AND DECLARATION INSPECTION. PATENTS  APPLICATION PROCEDURE, LIFE OF A PATENT, RIGHT OF PATENTEE, EXCLUSIVE MARKETING RIGHTS INFRINGMENT OF PATENTS, CLAIM PROCEDURE And SETTLEMENT.

49. LABOUR  EMPLOYESS INSURANCE,PAYMENT OF GRATUITY,DISPUTES,BONUS,EMPLOYEES PROVIDENT FUND, COMPENSATION,DISCIPLINARY CORPORATE MANAGEMENT  FORMATION OF COMPANIES, MANAGEMENT OF COMPANIES, GOVERANCE OF COMPANIES, RAISING OF CAPITAL AND LIQUIDATION OF COMPANIES.

50. CHANGE SLOW TO OCCUR – CAN ACCELERATE—WITH-SOCIAL MOVEMENTS—CAMPAIGN—ALSO BY EXTERNAL INFLUECE EX- MAGGIE, ETC

51. ALSO HAS AN IMPACT ON BUSINESS ENVIRONMENT POPULATION DENSITY, SEX RATIO, FERTILITY AND MORTALITY RATIO, AGE COMPOSITION, LIFE EXPECTANCY, GEOGRAPHICAL DISTRIBUTION OF POPULATIO. ABOVE FORMS THE BASES OF MARKET SEGMENTATION, PRODUCT POSITIONING FOR MARKETERS . IT AFFECT THE SIZE OF MARKET AND DISCOURAGE/INCOURAGE PRIVATE INVESTMENT PARTICULARLY IN REGIONS OF LOW PER CAPITA INCOME.

54. TO FULLFILL MISSION, A FIRM AHS A VISION– LAYS DOWN ITS BASIC PHILOSOPHY AND APPROACH. STRATEGY  BASED ON THOROUGH—CLEARLY OBJECTIVES TO BE ACHIEVED OVER A PERIOD OF TIME. IS BASED ON ITS MISSION: WHY AND FOR WHOME DOES IT EXITS. SO BASIS FOR FIRM`S EXISTENCE AND OPERATIONS A FIRM EXECUTE THE MISSION THROUGH A STRATEGY.

56. B.E IS DYNAMIC. SO THOROUGH KNOWLEDGE IS REQUIRED TO INTERPRET THE B.E. . SO REQUIRE PROFESSIONAL BUSINESS ECONOMISTS AND MANAGERS

59. YOUNG GROUP,TASTE CHANGES: FACTOR THAT BRING CHANGE .. EDUCATION,GEOGRAPHICAL MOBILITY,FASHION TREND. AS CONSUMER INDUCE CHANGES IN PRODUCT CONTENT AND PRESENTATION  PACKAGING,DELIVERY ETC SO MORE COMPETITIVE ENVIRONMENT

61. 2. EXTERNAL ECONOMIC SHOCKS

62. ALL ABOVE CAN CAUSE TREMENDOUS DAMAGE TO ECONOMY.

63. AREAS OF ENVIRONMENTAL CHANGE AREAS IF CORPORATE RESPONSE TECHNOLOGICAL ENVIRONMENT R&D, FOREIGN TECHNICAL COLLABORATION,CHOICE OF TECHNOLOGY,LABOUR-CAPITAL RATIO. LABOUR ENVIR.. EMPLOYEE MOTIVATION, PRODUCTIVITY,COMPENSATION,TURNOVER RATE,WORKING CONDITIONS, LABOUR RELATIONS,NATURE OF EMPLOYMENT, JOB DESCRIPTION AND SPECIFICATION

64. COMPETITIVE ENVIRONMENT PRICING,MERGER,ACQUISITION OR AMALGAMATION,SUB-CONTROLLING, HORIZONTAL, VERTICAL, BACKWARD OR FORWARD INTEGRATION, MARKETING STRATEGY, NPD, ECONOMIES OF SCALE AND SCOPE. MONETARY ENVIRONMENT WORKING-CAPITAL FINANCING, LIQUIDITY RESTRUCTURING FISCAL ENVIRONMENT DIBIDEND POLICY, SUB-CONTRATING, TRANSFER PRICING,PRODUCT MIX,INDUSTRIAL LOCATION,SOURING. TRADING ENVIRONMENT FOREIGN COLLABORATION, INPUT MIX,EXPORT ORIENTATION, IMPORT INTENSITY, PRODUCT MIX

65. SO IMPORTANT TO FIND OUT FIRST BEFORE A PARTICULAR RESPONSE: WHIH CAUSATIVE FACTOR WILL AFFECT WHICH COMPONENT OF BUSINESS ENVIRONMENT. FINANCIAL ENVIRONMENT PRODUCT DEVELOPMENT, OVERHEAD FINANCING, FINANCING MIX, CAPITAL STRUCTURE, RATE OF RETURN, EXTERNAL FINANCING. LEGAL ENVIRONMENT PROCEDURE AND DOCUMENTATION, CREDIBILITY, CONFORMITY AND ETHICAL PRACTISES, INTELLECTUAL PROPERTY PROTECTION. SOCIAL ENVIRONMENT SOCIAL RESPONSIBILTY, LOCAL AND REGIONAL RELATIONSHIPS, WELFARE EXPENDITURE.

66. POSSIBILITY OF LOSS OR DAMAGE TO A BUSINESS FIRM. NO. OF POSSIBLE FUTURE EVENTS OR OUTCOMES IS LARGER THAN THE NUMBER OF EVENTS OR OUTCOMES WHICH WILL ACTUALLY TAKE PLACE.

67. TO IDENTIFY AND ASSESS THE RISKS  KNOW THE CURRENT STATE OF THE ENVIRONMENT AND ITS LEADING DETERMINANTS.