Business Environment

Paper Code: 
MHR 224
Credits: 
4
Contact Hours: 
60.00
Objective: 

This paper helps to understand the overall business environment and evaluate its various components in business decision making

12.00

  Business Environment: The concept, significance and nature of business environment.

Environment scanning: meaning, nature, scope and process of environmental scanning, interaction between internal and external environments.

Globalization trends and challanges.

12.00
Unit II: 

Political Environment- Types of political systems

Economics aspects of Indian constitution: preamble, directive principles, fundamental rights, centre state relations

12.00
Unit III: 

Economic Environment- concept and features of various economic systems, impact of libralization and privatisation on Indian economy, New Industrial Policy and Industrial licensing, monetary and fiscal policies.

12.00
Unit IV: 

Legal Environment: Company Regulatory Legislations in India, FEMA, EXIM Policy, Consumer Protection Act 1986, Right to Information Act 2005, Competition Laws, IPR (general concept)

12.00
Unit V: 

Technological Environment and International Environment- Source of technological dynamics, appropriate technology, technology adaptation- globalisation, transfer of technology, TO ( main provisions and functions)

 

 

 

 

 

 

*Case studies related to entire topics are to be taught.

Essential Readings: 
  • Justin Paul, Business Environment, Tata McGraw Hill Publishing Co. Ltd, 2008
  • Francis Cherulinum, Business Environment, Himalaya Publishing House .V.
  • Shaikh saleem, Business Environment, Pearson Education, 2009
References: 
  • K. Chidambram and V. Alagappan, Business Environment, Vikas Publication House Pvt Ltd, 2009
  • Neelamegam, Business Environment.
Academic Year: 
2018-2019
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