Question Papers
business environment
Previous year question paper with solutions for Business environment from 2007 to 2019
Unit –I
Introduction: definition, components and overview of Business Environment, Complexity
and Diversity of Business Environment in the 21st century, Concept of Business Cycle, Need
to scan the business environment and techniques of scanning the business environment.
Political Environment: Three political institutions: Legislature, Executive and Judiciary.
Brief note on Fundamental rights and Directive Principles of state policy, Rationale and
extent of state intervention.
Unit –II
Economic Environment: Concept and Salient features of various economic system, New
Industrial policy and industrial licensing, New economic policies, Aspects of economic
reforms and its effects on business, Emerging Economies. Effect of recession on Business
and remedies for that, Economic Planning in India: Objectives, Strategies and Evaluation of
current five year plan. Monetary and Fiscal Policy. Legal Environment: Company
Regulatory Legislations in India, FEMA, Latest. EXIM policy. Competition Law, Consumer
Protection Act 1986, Right to Information Act 2005
Unit –III
Public Sector in India: Concepts, Philosophy and Objectives, Performance, Problems and
Constraints. Disinvestment and Privatisation, Joint sector and Cooperative sector in India.
Social Environment: Corporate Social Responsibility, Consumer Movement, Business
Ethics, Cross-Cultural Business Environment, Ecological Environment Protection: Green
Management, Global Warming, Carbon Foot Printing, The Environment Protection Act 1986.
Unit –IV
Technological Environment: Impact of Technology on Business, Technological Policy,
Intellectual Property Rights, Import of Technology, Appropriate Technology, Problems in
Technology Transfer. International Environment: Emergence of Globalisation. Control of
Foreign Direct Investment, Benefits and Problems from MNCs. WTO, its role and functions,
Implications for India. Trading Blocks, Foreign Trade: SEZ (Special Economic Zones), EPZ
(Export processing zone), EOU (Export Oriented Units), Dumping and Anti-Dumping
measures.
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