? Business Environment by Dr. Rishi Bhargav Das, Dr. Rinki Das, and Sonashree Das, published by Mahaveer Publications, is a comprehensive textbook prepared in accordance with the FYUGP (NEP-2020) syllabus for B.Com students of Dibrugarh University and other universities of Assam.

This book provides a detailed understanding of the dynamic business environment in which modern organizations operate. It explores the economic, political, legal, social, technological, and global factors that influence business decisions and performance. The text highlights how these environmental components interact with one another to shape the structure and functioning of business enterprises in India and abroad.

Key areas of study include:

• Nature, scope, and importance of the business environment

• Economic systems and government policies influencing business

• Industrial policy, liberalization, privatization, and globalization (LPG) reforms

• The political and legal environment affecting business operations

• Socio-cultural and technological forces impacting entrepreneurship and innovation

• Globalization and international business environment

• Role of ethics and corporate social responsibility (CSR) in modern business

Written in a simple and analytical style, the book combines theoretical clarity with practical insights, making it ideal for undergraduate commerce students, teachers, and aspirants preparing for competitive or professional exams in business and economics.

Course Contents

Chapter 1: Theoretical Framework of Business Environment

• Meaning of Business

• Nature of Business

• Meaning of Business Environment

• Features of Business Environment

• Objectives of Business Environment

• Importance of Business Environment

• Scope of Business Environment

• Types of Business Environment

• Factors Affecting Business Environment

• Significance of Micro and Macro Environment

• Ethical Issues in Business Policies and Decisions in Organizations

• Environmental Scanning

• Characteristics of the Indian Economy

• Economic Resources (Natural, Industrial, and Technological)

• Impact of Liberalization, Privatization, Globalization, and Digitization on Indian Business

• Natural, Legal, Political, Technological, and Economic Environment

Chapter 2: Internal and External Environment

• Value System

• Human Resource Structure and Nature

• Human Resource Policies and Development

• Company Image

• Brand Value

• Physical Assets and Facilities

• Value Creation of Intangibles

• Competitive Advantage

• External Factors to the Enterprise (Micro–Macro):

  • Suppliers

  • Customers

  • Market Intermediaries

  • Competitors

  • Socio-Cultural and International Environment

Chapter 3: Global Integration and Emerging Business Trends

• Concept of Global Integration

• Essentials of Global Integration

• Advantages of Global Integration

• Elements of Global Integration

• LPG (Liberalization, Privatization, Globalization) in the Indian Context

• Benefits and Challenges of the LPG Reforms

• International Forces in Business Environment: India and Other Economies

• Comparative Analysis of Business Environment

• Emerging Trends in Business:

  • Franchising

  • Aggregators

  • Business Process Outsourcing (BPO)

  • Knowledge Process Outsourcing (KPO)

  • E-commerce

  • Digital Economy

Chapter 4: Information Technology Act

• Elements of the Information Technology Act

• Cyberspace and Cyber Laws

• Scope of Cyber Laws

• Classification of Cyber Crime

• Information Technology Act, 2000 (with Latest Amendments)

• Regulation of Certifying Authorities and Adjudication

• Financial Scams and Their Impact on the Business Environment