Showing posts with label Land. Show all posts
Showing posts with label Land. Show all posts

Factors effecting economic environment

Entrepreneurship plays a very important role in the growth of a country and development of an economy. It can solve many problem like unemployment, concentration of economic power, imbalanced regional development. Entrepreneurial behavior is influenced by the internal and external environment. Internal environment is very easy to control the external environment. Only problem arises like: skilled labour employee, workers. When the entrepreneur is good then control power is also good. External environment is most floating. He can follow the various steps to measure or reduced the uncertainty factor that means govt. policy, situation of the policy, consumer taste and preference.