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ASSIGNMENT OF BUSINESS ENVIRONMENT AND INDIAN ECONOMY

Que:- How can the firms cope up with changing technological environment? Ans:-  . INTRODUCTION:-           We are constantly tethered to our mobile devices.We are managing our texts,emai em, social media feeds, tablets,smart watches and more.We have become very adept at multitasking,but it has been at a significant price.The price of our leisure time.In addition we are overloaded with information.There are thousands of event related software applications.There are more than 2 million free or nearly free apps for iOS and android.The web is continuing to burst with time consuming options.The vast sprawling nature of the options has been compared to drinking out of a fire hose and not being sure of the source of the water.Where does one even start? THERE IS HOPE OUT THERE, HOWEVER.I OFFER MY SUGGESTIONS OF WHERE TO START:- 1)TECHN TECHN TRAINING IS KEY TO EFFICIENCY INCREASE:-Companies and individuals must make a commitment to technology support and tra...
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Assignment of business environment and indian economy

Q1:- what are the drawbacks of unregulated capitalism?  Ans:- capitalism is an economic system characterised by.  Lack of government intervention Means of production owned by private firms Goods and service distribution according to price mechanism opposed to government price control   Pros of capitalism:-                                       A society that puts equality before freedom will get neither a society that puts freedom before equality will get a high degree of both Economic freedom helps political freedom if governments own the means of production and set price it invariably leads to a powerful state and createss a large bureaucracy which Mery extned into other areas of life.  Efficiency:- firms in a capitalist based society face incentives to be efficiency and produce goods which are in demand these incentives create the pressures to cut costs...

What are the drawbacks of unregulated capitalism.

Assignment Business Environment And Indian Economy Submitted To,                                                                                                               Pro. Gurdeepak Singh Submitted By,                                                                                        ...
ASSIGNMENT – 1 BUSINESS ENVIRONMENT & INDIAN ECONOMY MBA 1 st Semester SUBMITTED TO: PROF. GURDEEPAK SINGH SUBMITTED BY: MR. MOHIT VAISHNAV Introduction Globalization is the free movement of people, goods, and services across boundaries. This movement is managed in a unified and integrated manner. Further, it can be seen as a scheme to open the global economy as well as the associated growth in trade (global). Hence, when the countries that were previously shut to foreign investment and trade have now burned down barriers. Liberalization) is any process whereby a state lifts restrictions on some private individual activities. Liberalization occurs when something which used to be banned is no longer banned, or when government regulations are relaxed. Discussion ·        Improved Standard of Living and Better Purchasing Power :  Wealth generation across Indian cities has enhanced since globalization has fully h...
Que:- how have customer benefited by increasing the competition after liberalisation and globalisation? Ans:- Globalisation :- the process of interaction and integration among people, companies, and governments worldwide.   Liberalisation:-the removal or loosening of restrictions on something, typically an economic or political system. benefits of liberalisation and globalization of Indian economy.:- 1# Shift from Import-Substitution to Export-Led Growth Strategy: The failure of import substitution strategy of industrial growth to achieve sustained growth forced India and other develop­ing countries to pursue export-led growth strategy It has been argued that by expanding exports to the other countries and getting re­quired imports from them based on their respective comparative costs, developing countries will be able to achieve faster rate of economic growth. An important argument for trade liberalisation from the viewpoint of the developing countries...

What are the drawbacks of unregulated capitalism?

Drawbacks Of Unregulated capitalism Introduction Unregulated capitalism is basically a form of capitalism or a market which is not regulated orsupervised by any rules regulation or by any laws. It is basically that market or the market in which business is not been supervised by governmnet  and there is no interferance of government as those businesses have their own sets of rules and the regulation which they follows and have their own profit/ sales margins. Discussion : As grom introduction, it states that the unregulated capitalism is the form of market where business are regulated by themselves not by the government as they have their own sets of rules and regulation and work for their profit maximisation only. There is no interferance of the govt in these types of business. an economic system dominated by free markets and private ownership of wealth, assets and business. This refers to an unregulated form of capitalism with financial deregulation, privatisation and lower...

Changing Technological Environment

I NTRODUCTION : With the advancement of technology , many of us can feel overwhelmed about keeping ourself update with new technologies, methodologies, governance, standards, policies, frameworks, software development, engineering, etc. Technology is implemented in almost every part of our lives, impacting us in many different ways. Being a technologist myself, I frequently think of how to cope these changes. DISCUSSION : You don’t go shopping without knowing what to buy. No technology should be implemented before identifying the needs. The first thing you need to do is identify what exactly is not working in your organization. Then you check why it is not working, whether it is because of lack of talent, less resource allocation, obsolete technology etc. If it is the third then you found your target. To involve them in decision making take inputs via votes, opinions of supervisors and compile the ideas and concerns to make a proper strategy for implementation. Get early a...