Dibrugarh University - Semester I - Business Environment Syllabus

Course No. 104 BUSINESS ENVIRONMENT (BNEV-IV)
(For B.Com.General And Six Speciality Courses )
Marks: 80 Hours: 40

Objective: The paper aims to acquaint the learners with the emerging issues of business at national and international levels with emphasis on liberalization and globalization.
Course Contents:

Unit I: Theoretical framework --- Concept, significance and nature of business environment; environmental scanning, elements of business environment – internal and external environemnt. SWOT analysis – concept, significance and technique, Changing dimensions of business environment in India.          20: 10 hrs

Unit II: Economic Environment --- Significance and elements of economic environment. Business cycle – concept, phases and features. Economic growth—concept and hindrances. Industrial sickness – definition, causes and effects (to be studied with special reference to NE India).               20: 10 hrs

Unit III: Government policy and Legal Environment --- Industrial policy of India since 1991 – salient features – licensing, privatization , foreign collaboration in the light of recent changes, Competition Act, 2002; Meaning, objectives, definitions and applicability of the Act. Export Import Policy (EXIM Policy), Special Economic Zones (SEZ). Salient features of the Govt. India’s Industrial Policy for the North East (Latest Policy).                20: 10 hrs

Unit IV: International Business Environment --- International economic grouping and institutions – GATT, WTO, World Bank, IMF, SAFTA -- their importance to India. The policy of globalization and its impact on Indian trade and industry.             20: 10 hrs

Text and Reference Books:
1.Cherunilam Francis: Business Environment, Himalaya Publishing House, New Delhi.
2.Aswathappa K: Essentials of Business Environment, Himalaya Publishing House, New Delhi.
3.Ahuja H.L:Economic Environment of Business, S. Chand & Company Ltd. New Delhi.
4.Bezborah P. & Singh Ranjit, Business Environment, Kalyani Publishers.
5. Fernando: Business Environment, Pearson, New Delhi.
6. Shaikh: Business Environment, Pearson, New Delhi.