Identify the dimension of business environment, in each of the following cases and explain them
(i) The project of Nano Car re-established in Gujarat
(ii) Decrease in the repo rate to overcome recession
(iii) Rise in the BSE price index, soon after the declaration of Lok Sabha Election, 2014 results
(iv) Increase in the number of working women
(v) Prohibition of advertisement of alcoholic beverages on Doordarshan
(vi) Demand for reservation for minorities in government jobs.

Explanation

Dimension of business environment are as follows
(i) Political environment It includes political condition of the country and attitude of the government towards business policy
(ii) Economic environment It includes economic factors like inflation, interest rates, tax rates, GDP etc that affect business enterprises
(iii) Political environment It includes political condition of the country and attitude of the government towards business policy
(iv) Social environment It consists of all the social forces within which business operates such as trends, customs and traditions.
(v) Legal environment It includes legislations passed by the courts, government. commissions and administrative bodies.
(vi) Social environment It consists of all the social forces within which business operates such as trends, customs and traditions