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1. Identify the various environmental factors influencing the operations of a company in your locality. 

2. Also, classify them and present in a suitable diagram.

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1. Economic Environment:

Interest rates, inflation rates, changes in disposable income of people, stock market indices and the value of rupee are some of the economic factors that can affect the business enterprise.

2. Social Environment: 

The social environment of business includes social forces like customs and traditions, values, social trends, literacy rate, educational levels, lifestyle, etc.

3. Technological Environment: 

Technological environment consists of new products, new technologies, new approaches to product, new methods, and equipment, etc.

4. Political Environment:

Political environment includes constitution, political parties, and their ideology, types of govt., political stability, attitude towards business, etc,

5. Legal Environment:

Legal environment includes various legislations passed by the central, state or local governments.

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