It referred to the competition, the tensions and a series of confrontations between the US and USSR.  The intense rivalry, the clash of ambitions, the opposing ideologies and acute differences gave rise to this situation.

Business Environment refers to all those factors which impacts the business and business have no control on them. Business Environment refers to the total of factors which keep on changing with the change in environment. Therefore, it is considered as dynamic in nature.

Industry refers to the group of enterprise that produce and supply goods and services in the economy which are classified in three category namely; Primary, Secondary and Tertiary.

Principle refers to a set of statements which shows the fundamental truths related to some relationship based on the Cause and Effect relationship. Therefore, Principle of Management is a fundamental statement which serves as a guide for making the decision and behavior of the manager through his actions and excuses.

Agriculture Sector is also called as Primary sector of the country and is the primary source of livelihood for many people. Agriculture refers to activity of growing crops, fruits, flowers and rearing of livelihood.

Management is a process which directs actions of others towards common goals under the process of planning, organising, staffing, directing, controlling wherein organisation operates in order to achieve targets effectively and efficiently.

Economic planning refers to a system which makes policies to fasten up the growth of GDP in India. It is a central authority which was set-up with the aim to achieve targets within reasonable time along with the authority to form policies as well as programs such as Planning Commission in India which was set-up

Indian Economy: Agriculture was exploited by the zamindar system. Under this, zamindar was declared as the owner of the land and had to pay a fixed sum of revenue to the British government and could extract any sum of money from the tillers of the soil.

The Balance of Payment (BOP) is a record which is systematic in nature and records all economic transaction between the resident of a country and the resident of foreign country. The resident can be any individual, firm and the government of any country. It gives a brief description of the value of all the transaction

Foreign exchange refers to the currency other than domestic currency or the currencies of all the rest of countries other than the domestic one. Foreign exchange rate refers to the rate at which one unit of foreign currency can be purchased by giving domestic currency or it refers to the rate of other currencies (rest