HRIT UNIVERSITY, Ghaziabad
Legal Aspects of Business
Unit – 2
Assignment – 2
Date of assignment:- 11/04/2025
Date of Submission:- 15/04/2025
Q.1- Explain the macro environment of business by discussing its major components—
Economic, Competitive, Socio-Cultural, and International environments. How do these factors
influence business strategy and decision-making?
Q.2- Explain the business environment with reference to global integration. How do global
trends and international factors influence business operations, strategies, and decision-
making?
Q.3- Write a comparative analysis of the business environment in India and other countries.
Discuss key factors such as economic conditions, political stability, legal systems, socio-
cultural aspects, and ease of doing business.
Q.4- What are the key factors affecting the international business environment? Explain how
these factors influence global business operations and decision-making.
Q.5- Explain the LPG (Liberalization, Privatization, Globalization) model and discuss the
role of international forces in shaping business policies. How do these elements influence
the strategic direction of businesses in a globalized economy?