Ignou. B.com. ECO 13. BUSINESS ENVIRONMENT Important Questions for December Exam
IMPORTANT QUESTIONS
1. Distinguish between economic and non economic environment of business. How do they interact with each other? Describe various elements of economic environment. Explain various non economic factors of business environment. Discuss the primary and sub goals of economic development.
2. What do you mean by social responsibility of business? Give arguments in favour and against undertaking social responsibility by business.
3. What do you mean by mixed economy? Explain its directive principles in India. How did it help in the economic development of India.
4. What do you mean by industrial sickness? What are the causes of industrial sickness? Discuss the various measures taken by the government to overcome this problem.
5. What are the need for New Economic Policy? Discuss the major elements of New Economic Policy adopted by the government of India.
6. What are the major problems being faced by the small scale industries in India? Discuss the measures taken by the government to solve these problems. Describe various programmes for the promotion of small scale industries.
7. What do you mean by industrial policy? State the main features of industrial policy resolution 1991 in India. "New Industrial Policy adopted a two pronged strategy: privatization and restructuring of PSUs". Discuss.
8. What are the causes of deficit in balance of payments? Discuss the measures taken by the government of India to solve this problem.
9. Define business environment. What are the three components of business environment? Explain their impact on business. "Business Today happens to be a integrated part of the social system". Explain.
10. Explain the long term goals of planning enunciated by government of India while setting up planning commission. Discuss achievements and failure of planning in India.
11. Name the fourfold role of the government in business. How does the government oversee the business activities through regulatory control?
12. State the causes of industrial disputes in India. Discuss the various measures taken by the government of India for the prevention and settlement of industrial disputes. Describe briefly statutory and non statutory measures for resolving them.
13. What are the rights of Consumers in India? Discuss salient features of the consumer Protection Act, 1986.
14. a). Describe the recent export promotion measures undertaken by the government of India.
b) How is business affected by the environment at different levels?
c) Describe briefly as to how social system interact with business.
d) Discuss main measures taken by the government for restricting public sector undertakings.
e) State any 5 legislation for regulating trade practices in India.
f) Explain salient features of the bilateral trade relations.
15. Discuss the 3 types of role of Reserve Bank of India in regulating the financial activities and economic development of India.
16. What do you mean by consumer protection? Explain briefly the rights and duties of consumers in India.
17. Write short notes on the following:
•Joint Venture
•Bilateral Trade Relations
•Trends in India's foreign trade
•Monetary Policy
•Fiscal Policy
•Foreign Capital
•MNCs
•WTO
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