Indira Gandhi National Open University (IGNOU) 2005 B.Com Business enviornment - Question Paper

Test Papers / Previous ques. Papers of Indira Gandhi National Open University ECO13 Business Environment December 2005
Bachelors Degree Programme

Term-End exam
December, 2005

Elective Course: Commerce
ECO13 : Business Environment
Time : two hours
Maximum Marks : 50 (Weightage 70%)

Note : Attempt any 4 ques. including ques. no. 1. which is compulsory.

1. Attempt any 4 of the subsequent ques. : (5+5+5+5)

(a) discuss ihe relevance of ecological problems to business environment.

(b) Analyse the social responsibility ol business towards employees.

(c) State the basic objectives of regulating business.

(d) define the basic instruments of fiscal policy in lndia

(e) State different measures for the prevention and settlement of the industrial disputes.

(f) discuss the thrust areas of the new economic policy.

2. explain how does the environment acts as a stimulant to business.Analyse why business often does little tor physical environment preservation despite ihe fact that it is significant for business activity.(5,5)

3. Analyse the fourfold role of lhe government in business. Also discuss in what respects the role ol government has been redefined in lndia during the 1990s. (5,5)

4. "The Industrial Policy of 1991 makes a clear departure from the Industrial Policy of 1956" Comment. (10)

5. explain the different forms of foreign capital flows. Do you think entering o{ MNC's in less developed countries is risky ?(5,5)

6. define the latest export promotion measures of the Government of India. (10)

7. Write short notes on any 2 of the subsequent : (5,5)

(a) Political and legal environrnent of business

(b) Nehru - Mahalanobis strategy of development

(c) Financial reforms in India

(d) Merits ol globalisation from the point of view of lndia's s economic developrnent

Earning:   Approval pending.