Read the case below and answer the questions that follow:

Lately many companies have planned for significant investment in organized retailing in India.

Several factors have prompted their decision in this regard. Customers income is rising. people

have developed the taste for better quality products. The government is liberalized to economic

policies in this regard and has permitted even $100\%$ FDI in some sectors of retailing.

Required:

Identify the change in business environment under different dimension quoting the line from the

above paragraph $(25$ marks$)$