Business Environment – Nature, Concept and Significance of Internal environment.
Management of organisational resources for developing effective Internal organisational environment, introducing organisational change when this equilibrium is found.
External Environment-nature and significance - Economic, Socio- Cultural, Political and Technological factors influencing Business Environment - Changing role of Government - Structure of Indian Economy.
Economic environment-types of economic systems, impact of liberalisation and privatization on Indian economy. Critical evaluation of latest economic policies of India, role of Indian business houses in the world. Multinational Corporations - Foreign Collaborations
Political environment- Types of political systems, role of political organisation of India to development of economy.
Social Responsibilities of Business - Business Ethics - Developing Ethical Business Habits - Work Ethos in Indian Perspective - Indian Heritage - Relevance of values in Management.
Government of India’s Commercial Banking, Exim and Technology policy, Approach to Foreign direct Investment. Government policy regarding small sector enterprises.