Course Details
Subject {L-T-P / C} : SM6612 : Business Environment { 3-0-0 / 3}
Subject Nature : Theory
Coordinator : Dr. Dushyant Ashok Mahadik
Syllabus
Introduction to Business Environment: Socio Economic, Political, Legal Environment, Components
and Significance, Factors Influencing Business Environment. Economic Environment
and Business Fluctuations: Structure and Dimensions of Economy, Agriculture, Industry and Service
Sector, Agricultural Price Policies and Subsidies, PDS, Industry Policy Evolution, Licensing, Regulatory
& Promotional Framework, Privatisation & Disinvestment, National Economic Planning and Policies,
Economic Reforms, Inclusive Growth. Economic Policies and Business Environment: Fiscal Policy,
Union Budget, Public Debt Crisis and Management, Monetary Policy, Money Supply, Money
Demand, Operating Framework, Inflation, Cause, Consequence & Remedial Measures. International
Environment of Business: International Trade, Balance of Payment. Exchange Rate: Determination, Regimes, Currency Convertibility. Bilateral & Multilateral Trade: GATT, WTO, TRIPS, TRIMS, SAARC. Business Law: Indian Contract Act, the Sale of Goods Act, the Companies Act, the Consumer Protection Act, Patents Law and Enforcement,
Negotiable Instruments Act.
Course Objectives
- The paper will enable the students to understand the influence of Environmental Factors and Legal <br />Dimensions of Business Operations.
Course Outcomes
The paper will enable the students to understand the influence of Environmental Factors and Legal <br />Dimensions of Business Operations.
Essential Reading
- Palwar, V. K., Economic Environment of Business., Prentice Hall of India.
- Kapoor, N. D., Business Law (5thed.)., Sultan Chand publishers.
Supplementary Reading
- Joshi, V., & Little, I. M. D, India’s Economic Reforms, 1991 – 2001., Oxford University Press
- Tulsian, P.C., Business law (2nded.)., Tata McGraw Hill Publishing Company Ltd.