What is 'Business Environment'?
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Business: 1. The occupation, work, or trade in which a person is engaged. 2. A specific occupation pursuit. Environment: The circumstances or conditions that surround one; surroundings. What is 'Business Environment'? Fundamentally, the term business environment embraces the sum total of surroundings influences and workplace eddies that exist in a specific locale, whether in a small office or amidst business circles that encompass an entire country. The magnitude of its importance is rooted in its intrinsic connection with each an every business decision that is employed. A business environment can be as small as a corporate hiring/firing policy or as deep rooted as racial discrimination and social values of a nation. Today Citicorp India has adapted to a more occidental and informal referral system. Employees of the company are on a first name basis with each other regardless of designation. This has resulted in casual banter between superiors and...


