Page 34 - DMGT401Business Environment

Unit 1: Indian Business Environment

(f) Anti-monopoly laws Notes
(g) Sunday closing laws
(h) Municipal licences
(i) Laws that favour business investment
4. Technology

(a) Efficiency of infrastructure, including: roads, ports, airports, rolling stock, hospitals,
education, healthcare, communication, etc.
(b) Industrial productivity
(c) New manufacturing processes

(d) New products and services of competitors
(e) New products and services of supply chain partners
(f) Any new technology that could impact the company
(g) Cost and accessibility of electrical power

5. Ecology
(a) Ecological concerns that affect the firms production processes
(b) Ecological concerns that affect customers' buying habits
(c) Ecological concerns that affect customers' perception of the company or product

6. Socio-cultural
Demographic factors such as:
(a) Population size and distribution

(b) Age distribution
(c) Education levels
(d) Income levels
(e) Ethnic origins

(f) Religious affiliations
Attitudes towards:

(a) Materialism, capitalism, free enterprise
(b) Individualism, role of family, role of government, collectivism
(c) Role of church and religion
(d) Consumerism

(e) Environmentalism
(f) Importance of work, pride of accomplishment
Cultural structures including:

(a) Diet and nutrition
(b) Housing conditions

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