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LEGAL AND BUSINESS

ENVIRONMENT L T P C
BAT-660

Total Contact Hours: 45 Hours


4 0 0 4
MBA

Prerequisite: Must have learned the Economics in semester one

Marks 100

Internal :40 External:60

Course Objective

 To help the students to get a knowledge about the Business Environment with special
reference to Indian Corporate World by providing understanding of the different government
policies and Acts that influence business and the changes that are taking shape in the recent
years.
Unit Course Outcome

Analyze the environment of a business from the legal & regulatory, macroeconomic,
1
cultural, political, technological and natural perspectives.

Enable students to have knowledge of the different legal and social acts that govern
2
and assist the business organizations.

Make student aware about the financial and global environment concepts that effects
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the business organizations.

Content of the Syllabus

Unit-I
Business Environment – Introduction to business and its environment, Components of
business environment. Process of Business Environment analysis.

Economic Environment - Different Economic Systems (Capitalism, socialism and mixed


economy). Economic Policies (Industrial, Monetary, and Fiscal and Current Economic
Policies)

Unit-II
Legal Environment- From MRTP to Competition Law. Industrial Licensing policy.
Social Environment- Social Responsibility of Business, Consumer Protection Act 1986, The
Environment Protection Act 1986 & its Impact

Case Study – Dubba Wala


Unit-III
Financial Environment – Composition of Indian Money market and capital market. Role of
Commercial Banks, Development Financial Institutions and Non-Banking Financial
Institutions. SEBI and Capital Market Reforms.

Global Environment - Foreign Direct Investment (FDI), WTO- Its Role and Functions
MNCs, International Institutions (World Bank and IMF), Trading Blocs

Text Books –

1. Mithani, D. M., International Economics, Himalaya Publications, New Delhi.


2. Vaish, M. C. and Sudama Singh, International Economics, Oxford & IBH Publishing Co. Pvt.
Ltd
3. Salvatore, Dominick, International Economics, John Wiley & Sons Publishers.
Reference Material –

1. Francis Cherrunilam, International Trade and Export Management, Himalaya Publications.


2. Aswathappa, K., International Business, McGraw Hill Publications.

BUSINESS ENVIRONMENT
BAT-610

University School of
Business

a b c d E f g h i j k
Program Outcome

Mapping of Course
outcome with 
Program outcome

Project/
BS ES PD PC PE OE
Category Training


Approval

NOTE FOR THE PAPER SETTER


The syllabus has been divided into three units. Paper setter will set 3 questions from each unit
and 1 compulsory question spread over the whole syllabus consisting of 5 short answer
questions. Compulsory question will be placed at number one. Candidate shall be required to
attempt 6 questions in all including compulsory question and selecting not more than 2
questions from each unit. All questions carry equal marks.

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