question_answer

Mr Adarsh is a social activist. He was concerned with the pollution caused by the use of polythene bags. These bags are non-biodegradable and are a great threat for the water bodies and also adversely affect the quality of soil. To ban the use of these bags he filed a writ petition in the court. The court also identified the threats caused by these bags and passed an order banning the use of these bags on the following grounds:

(i) These bags are creating many environmental problems which affect the life of people in general.

(ii) Society in general is more concerned about quality of life.

(iii) The government decided to give subsidy to jute industry to promote this business.

(iv) Innovative techniques are being developed to manufacture jute bags at low rates.

Identify the different dimensions of business environment by quoting the lines from the above particulars.

Answer:

(i) "The Court passed an order to ban polythene bags." The quoted line is depicting the legal environment. Business has to function within the framework of laws and regulations of the country. Legal environment exercises significant influence on business activities. (ii) "Polythene bags are creating many environmental problems which affect the life of people in general and society in general is more concerned about quality of life." These quoted lines are depicting the social environment, which consists of all the social and cultural forces within which business firms operate. (iii) "The Government decided to give subsidy to jute industry to promote this business." The quoted line is depicting the political environment, which is concerned with the forces related with political stability and political conditions that have strong impact on business. (iv) "Innovative techniques are being developed to manufacture jute bags at low rates." The quoted line is depicting the technological environment. It includes forces relating to scientific improvements and innovations which provide new ways of producing goods and services.