The course will enable students to -
COURSE OUTCOMES (Cos):
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
Paper Code |
Paper Title |
|||
BSG322 |
Business Environment (Theory) |
The students will be able to –
CO54: To make aware the students about the concept of Business Environment along with Internal & External environment Economic & Non-economic environment, Changing Dimensions of Business Environment and Environment scanning & Monitoring. CO55: To give insight to students about the Economic Environment of Business, features of Indian Economy, Impact of Liberalisation & Privatisation on Indian Economy and various policies like Industrial Policy of 1991, Monetary Policy, Fiscal Policy, EXIM Policy and Multinational corporations, Foreign collaboration CO56: To provide students thorough knowledge of Political & Legal environment of business like Business & Law, Licensing Policy & Consumer Protection act, FEMA, Role & Functions of Regulatory bodies and Financial Environment of business CO57: To equip the students about the Socio-Cultural environment of business,Types of Social Organisations, social responsibility , Relevance of social values & attitudes in management , Society & Problem of uneven distribution of Income. CO58: Understand the Technological Environment and its various Components like Technology, Competitive advantage and technology Globalisation and growth of Multinational Corporations (MNC) |
Approach in teaching:
PPT, Interactive Lectures, Discussion
Learning activities for the students:
Self- learning assignments, quiz, plays, presentation, Real life examples from newspapers, business magazines and web sources. case study discussions. |
Class test, Semester end examinations, Role plays , Assignments, Presentation, Individual and group projects |
Meaning, Nature, significance, Scope. Internal &External environment, Economic& Non-economic environment, Changing Dimensions of Business Environment, Environment scanning & Monitoring.
Main features of Indian Economy, Impact of Liberalisation & Privatisation on Indian Economy, Industrial Policy of 1991, Monetary Policy, Fiscal Policy, EXIM Policy, Multinational corporations, Foreign collaborations. Industrial Sickness.
Business & Law, Licensing Policy & Consumer Protection act, FEMA, Role & Functions of Regulatory bodies: SEBI, TRAI, IRDA, RBI. Financial Environment of business: Financial system- commercial banks, financial institutions, NBFC’s.
Types of Social Organisations, social responsibility of business, Impact of foreign culture, social audit, Corporate governance, Relevance of social values & attitudes in management or business. Dualism in Indian Society & Problem of uneven distribution of Income
Components of Technology, Technology transfer, Technology and globalization, Competitive advantage and technology. International Environment: Globalisation and growth of Multinational Corporations (MNC).
Links:
[1] https://business.iisuniv.ac.in/courses/subjects/business-environment-4
[2] https://business.iisuniv.ac.in/academic-year/2019-2020