GST, Insurance, Corporate Income Tax, FDI, FPI, PPF and other reforms have positive effects on the business environment and improve the business operations. Since business environment is complex it is important to have proper knowledge and understanding of it. This can only be done with proper analysis of the environment. With this knowledge and understanding, company can make the best decision for its growth. For example, GST can make companies more efficient in the services sector as they can now have clear understanding of all the transactions.
Other Government initiatives include Corporate Social Responsibility (CSR), Corruption, the ease of doing business and the ease of doing business (formalisation), a comprehensive and coherent approach of the National Common Minimum Programme (NCMP) etc. These reforms have an impact on business operations.
Business analysis is done on the basis of products, customers, location, competitors and industry. Market analysis is done on the basis of the product, customers, distribution and marketing methods. By business and market analysis, a business firm can select appropriate products and methods for their business.
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One of the drawbacks to this approach was that we needed to recompile every time we made even a small change to the code. This slowed everything else we were doing down and because we couldn't always have someone waiting for the application to finish building. 827ec27edc