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BUSINESS ENVIRONMENT

ACCORDING TO
CHAMBER’S 21ST CENTURY
ENVIRONMENT MEANS “ INFLUENCING THE IMPROVEMENT
OR ENHANCEMENT OF SURROUNDINGS”.
• Generally the way of living of people of an area
depends on the environment of that area. And for
the same reasons the surroundings are created.
Therefore, entrepreneurship and industrial
development and advancement of a certain area
is largely dependent on the environment of that
locality.
Thus the political,
Economic, legal, social
cultural, and
technological

situations determine the


the entrepreneurial and
business environment for
that area

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