What is the concept of Business environment? Explain the emerging scenario of business environment in India

The business environment refers to all external factors that affect the functioning of a business. These factors include economic, social, political, legal, technological, and environmental factors that can impact the operations of a business. In other words, the business environment is the sum total of all factors external to the business that are beyond the control of the business, but that can affect its performance.

The business environment is dynamic, and it keeps changing with time. The changes can be gradual or sudden, and they can have a significant impact on the operations of a business. Therefore, businesses need to be aware of the emerging scenario of the business environment and __________ _________ __________ _____ ___ ____ __________ ________ ___.
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