MBA-104: BUSINESS ENVIRONMENT
Objective: The
objective of the subject is to provide the insight to the students about the
changes that are taking place in the Business Environment, the effect of these
changes on business and the demand placed on managers regarding national and
global business environment.
UNIT-I
Environmental Scanning: Different Aspects of Business Environment. Salient
features of Economic Systems: Capitalist system/Market economy; Socialist
system and Mixed Economy, Basic Features of Indian Economy, Government Business
Relationship. Micro and Macro Environment
Business Environment Meaning, Definition,Types, Features,Components
UNIT-II
Economic
Policy: Monetary and Fiscal Policies in India, India’s Trade
Policy, And Aspects of Economic Reforms: Liberalization; Privatization;
Globalization and its Implications for India. EXIM Policy; FEMA (Foreign
Exchange Management Act)
Notes
Fiscal Policy & Monetary Policy in Indian economy
UNIT-III
Social Responsibility of Business: Concept, rationale, dimensions models of social
responsibility and barriers of social responsibility, Ethics and social
responsibility of management. The Environment Protection Act, 1986
UNIT-IV
International Economic Environment: Emergence of Globalization, Control of Foreign Direct
Investment, Benefits and Problems from MNCs, WTO-its role and functions,
implications for India; Devaluation of Rupee.
Globlization & FDI Notes Pdf File
Devaluation of Rupee notes pdf
Suggested Readings:
1. Saleem,
Shaikh (2010). Business Environment, 2nd edition, Pearson Education.
2.
S.K.Misra&Puri: Indian Economy (Its Development Experience), Himalaya
Publishing House Pvt.Ltd.
3.
Misra&Puri: Economic Environment of Business, Himalaya Publishing House
Pvt. Ltd
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