Mr Ajay Oswal is a Senior Manager in Ajay Winners Limited’. For some time since past he has been observing that the Government is making changes in its business policy quite fast, sometimes in its import-export policy, sometimes in the interest rates and at other times in the tax rates, changes are being done. In order to overcome these changes, he too is making necessary changes in his business plans. Also, he is observing that wherever changes are not taking place, success is slipping out of the hands of those businessmen. In view of such a situation his sensitivity towards
the changes going on in the business environment has increased all the more.
On the basis of the paragraph given above identify the impact taking place on business and industry because of the changes being made in the policy of the Government.
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Necessity for change.