Briefly discuss the impact of government policy changes on business and industry?
class-12th business studies
Asked By Nilima Kapoor
The following points highlight the impact of government policy changes on the business and industry.
i. Increased Competition
ii. Increased Demand
iii . Change in Business Policies
iv. Technological Changes
v. Need for Trained Personnel
vi. Greater Market Orientation
vii. Less Reliance on Budgetary Support by Public Sector Enterprises.