CBSE Class 12-commerce Business Studies Part I Introduction to Business Environment

Learn about Introduction to Business Environment from the CBSE Class 12 Commerce Business Studies Part 1 syllabus chapter Business Environment at TopperLearning. Refer to our revision notes, sample papers, video lessons, MCQs etc. to learn more about the topic.

Business operations do not survive in confinement. Every enterprise is not an island to itself; it subsists, endures and develops within the circumstances of the part and forces of its situations. While an individual enterprise is able to change or manage these forces, it has no choice to reacting or modifying according to them. The word ‘business environment’ indicates the aggregate of all people, organisations and other forces which are outside the power of industry but may affect its production.