CHAPER ONE

INTRODUCTION

1.1      BACKGROUND OF THE STUDY

Individuals have needs and business organizations exist to satisfy the needs andwants of the society. An appropriate method toward understanding form of businessownership will require the provision of conceptual frame work for the word BUSINESS.

BUSINESS in a capitalist economy can be described as the sum of all the activitiesinvolve in the production and distribution of goods and services for profit. Thisdefinition implies that business assume responsibilities for two of the basic humanactivities; Production i.e. Fabrication of physical objects through the use of men,machine, and material and distribution of these product/service as the consumers. Thesecond implication of the definition is that all business organizations should strive tomake profit. They are not charitable organizations, they must make profit in order tosurvive and continue to provide employment for workers and good returns to theowners.

Functionally, Business means those human activities which involve production orpurchase of goods with the object of selling them at a PROFIT. In the work of Uricand Hunt , a ‘Business is any enterprise which makes, distributes or provides anyarticles or service which other member of the community need and are able and willingto pay for.

1.2      OBJECTIVES OF STUDY

The objectives of this research are as follow;

i.        To provide a basic understanding on the concept of business environment.

ii.      To determine the problem impose by the influence of business environment in anOrganization.

iii.    To recommend solution on environmental problems  as they affect business

iv.   To recommend measure in order to make the environment more conducive for business

1.3      STATEMENT OF PROBLEM

The major focus of this study is to find out the extent at which business activity is influence by its environment.To this end, the study will address itself for a number of specific problems which include the following;

·        The impact of environment on business

·        The extent to which business activity are independent of someof the forces of the environments.

·        How the business react to the change in business environment

·        How the  business  activity  in any way influenced the environment

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