CBSE Class 12-commerce Business Studies Part I Business Environment

This CBSE Class 12 Business Studies video on Business Environment discusses the environment which has an impact on business and the various dimensions of that environment. Moreover, it discusses the policies undertaken by the government which has an impact on its economy. Business Environment has its own benefits like availing the resources from the environment and converting them to usable products. The environment provides various resources like finance, machines, raw materials, power and water, labour etc. and business enterprises provide outputs such as goods and services to customers, payment of taxes to the government etc.