Meaning of business environment Types of business environment Internal environment External environment Micro-environment Macro-environment Features of Business Environment : Business environment is dynamic Business environment

Economic environment Technological environment Social environment Political environment Legal environment What are the Dimensions of Business Environment Business environment is the collection of both internal

New Indian Industrial Policies Class 12 CBSE Notes Indian industrial policies: Industrial policies are the steps taken by the government to uplift the manufacturing units and

Meaning of planning What to do? How to do? When to do? Who will do it? Importance of planning Planning provides direction Planning reduces the

Business Studies Class 12 Notes Chapter 4 Process of Planning Planning Process Setting objectives Developing premises Identifying alternative courses of action Evaluating alternative courses of

Types of Plans To achieve objectives of the organization or to get a desired outcome, plans are made. Plans need efforts, time, prediction and commitment.

Functions of management Coordination during planning stage Coordination during organization stage Coordination and staffing stage Coordination and directing stage Coordination and controlling stage Features of

Different levels of management Top management Middle level management Operational or supervisory management Functions of management Planning Organizing Staffing Directing Controlling Levels and Functions of