MACRO ENVIRONMENT
Macro-environment Forces Political Component Economic Component Social Component Technical Component Environmental Component Legal Component E S T L P
Political Component Change in political system & policies The constitution The influencing political parties International obligations Social welfare state The role of the Government Transparency Decentralization
Economic Component Change in economic indicators GNP Inflation Interest rate Unemployment Savings Investment Poverty Global economic forces
Economic Component Change in economic policies Fiscal policy Monitory policy Inflation policy Foreign exchange policy Unemployment policy Labour policy Privatization policy Foreign investment policy Sectoral policy
Social Component Demographic changes Population Mobility/ national and international migration Tastes and habit Education Health & Fitness Family size Family unit Religion Caste/ethnicity
Social Component Change in value system Change in social contracts Attitude to work Ethics Social responsibility Democratic rights The role of women in society Change in social contracts Obligations to : individuals; other organizations; Government; society in general; stakeholders
Technological Component Change in technology level Access to technology Investment in research and development Facilities for technology change
ENVIRONMENTAL COMPONENTS Externalities Pollution Government laws and regulations Market response
Legal Component Change in legal instruments Laws and regulations to protect industries Laws and regulations to protect society and customers Business laws: company, industrial, labour, banking and financial institutions ordinance, multinational, etc…
The Nepalese Business Environment Features of Nepalese business Nepalese society: demographic change, value system and social contracts change Economic trend: economic indicators, global environment and government economic policies Technological status: level and investment Political influences: parties, manifestos, commitment, applications, Legal instruments: laws and regulations, enforcements, practice Global business environment: obligations and competitiveness,