Q1. Mr. Ajay complated MBA from USA comes to India to start a new business under the banner Ecom Coreation Ltd. He launches a new procduct in e-learning for Senior Secondry School student in Commerce stream, which alrady has an estabilshed market in UK & USA but not in India. His business starts flourishing in India. Now more Indian companies entered into the market with other subjects also.


Indetify & quote the lines from above para which highlight the significance of understanding business environment.












Hey Prasanna,

The following lines highlight the significance of business environment.

1. Mr. Ajay completed MBA from USA comes to India to start a new business under the banner Ecom Creation Ltd. He launches a new product in e-learning for Senior Secondary School student in Commerce stream-
i. Business environment helps in formulating plans and policies 
ii. Business environment helps in identifying opportunities and taking first hand business advantage in competition

2. His business starts flourishing in India- Business environment helps in ​improving performance

3. Now more Indian companies entered into the market with other subjects also- Business environment helps in identifying threats  and early warning signals


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