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Mention the various dimensions of business environment

Answer» The various dimensions of business environment are as follows  :
1. Economic environment :
 The economic environment consists of the factors and forces concerning with means of production and distribution of wealth.
2. Social environment :  
The social environment consists of all the social cultural forces within which business firms operate.
3. Political environment :
The political environment consists of the forces concerning management of public affairs and their impact on business.
4. Technological environment :  
It refers to the change taking place in the method of production and use of equipment to improve the quality of product.
5. Legal environment :
 The legal environment consists of laws and regulations of the country.


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