Page 7 - DMGT401Business Environment

DCOM105 BUSINESS ENVIRONMENT

Sr. No. Topics
1. Theoretical Framework of Business Environment: Concept, significance and nature of business environment.
2. Elements of environment- Internal and External; Changing dimensions of business environment, Techniques
of environmental scanning and monitoring.
3. Planning in India: Emergence of Planning, Planning Commission, National Development Council, Five Year
plans-Achievement and Failures with special reference to 11 th five year plan.
4. Economic Environment of Business: Significance and elements of economic environment, Economic Trends:
Savings and Investment, Industry, Growth of Infrastructure Balance of Payment. Inadequacies of the program
of Industrialization.
5. Problems of Growth: Unemployment, Inflation, Regional imbalances and Social Injustice.

6. Government Policies- Industrial policy, Fiscal and Monetary policies, EXIM policy; SEZ policy, LPG 1991,
Direct and Indirect Taxes with special reference to GST and VAT.
7. Political and Legal Environment of Business: Changing dimensions of legal environment in India, Brief
introduction to Competition Act, 2005, FEMA, Corporate Governance and Social Responsibility of Business.
8. Foreign Investment: FDI, FII, Determinants of Foreign Investment, Multinational Corporations: Favourable
and Harmful effect of the operations of MNCs on Indian economy, Liberalization and MNC’s.
9. International Business Environment: World bank, IMF, General agreement on Tariff and trade.
10. WTO: the WTO agreement, TRIPS, TRIMS, Non-tariff barriers and Dispute settlement mechanism, Kyoto
Protocol.

DCOM402 BUSINESS ENVIRONMENT

Sr. No. Topics
1. Indian Business Environment: Theoretical Framework of Business Environment, Recent developments in
political, economical and financial environment.
2. Techniques of environment scanning and monitoring, SWOT analysis of Indian Economy.
3. Industrial Policy and Regulatory Structure: Industrial Policies; Industrial Licensing; Stock Exchanges in India;
Liberalisation, Privatisation and Globalisation.
4. Economic Environment of business: Economic Trends; National Income; Industrialisation and Economic
Development; Inflation, Problems of Growth.
5. Political Environment: India’s Monetary and Fiscal Policy; Foreign Trade Policy and BoP; Direct and Indirect
Taxes.
6. Socio – Cultural Environment: Poverty in India; Unemployment in India; Human development, Rural
Development, Business Ethics, Corporate Governance and Corporate Social Responsibility
7. Legal Environment: MRTP Act, FERA, FEMA, IPR, RTI.
8. Foreign Trade: Foreign Investment, MNCs; EXIM Policy; SEZ.
9. International Business Environment: International Organisations: IMF, World Bank, ADB, WTO.
10. Contemporary issues in Business Environment.