The objective of the course is to develop an understanding of the methods for analyzing Business Environment and implications of changes in micro and macro environment for businesses.
Business Environment- Concept, Nature and Significance, Micro and Macro Environment, Porter’s Five Forces Model of Competition, Environmental Scanning and its process.
Social and Cultural Forces affecting Business, CSR & Business Ethics, Role of the Political and Legal Forces in the Operation of Business, Concept and Significance of Technological Environment
Economic Structure- types, advantages and disadvantages, A brief overview of the Monetary & Fiscal Policies, Disinvestment policy of the country- recent developments and issues, Regulation for Foreign Collaboration
Environmental Regulation for Pollution Control, Brief study on the concept of Carbon Credits
Consumerism & Consumer Protection Act, Concept of Public Private Participation and its implications, Government Policy regarding Micro, Small and Medium Enterprises