SYLLABUS BE 2008 10

SYLLABUS BE 2008 10 - Transcript

Business Environment
PGDM 2008 10
Instructor Dr V J Sebastian
INSTITUE OF MANAGEMENT TECHNOLOGY GHAZIAD
January 2009
Course Background
Globalisation of markets and the resulting competition and interdependence of economies have continued to increase over the years resulting in rapid changes in technology organizational structure and economic conditions These changes throw up new challenges and opportunities To face these challenges and to benefit form the opportunities managers need to scan asses and forecast the business environment Base upon such assessment and forecasts appropriate business strategies can be formulated The above needs a very good understanding of the Indian and global business environment
Course Objectives
Objective of this course is to familiarise the students with various aspects of the environment in which the business organizations operate The entire course is divided into five modules as under
Introduction
Economic Environment
Economic Reforms
Social and Ethical Factors
International Aspects
After introducing the concept meaning and features of Business environment in the first module module two looks at social and ethical aspects of business environment Module three covers broadly the economic environment in India starting from economic planning industrial policy monetary and fiscal policies economic trends direct and indirect taxes etc in module two Further economic policy reforms are dealt with in module four Finally module five takes up international aspects of business environment such as WTO Multilateral organizations and MNCs
An awareness of the above is expected to make the course participants better managers by helping them understand the impact of environment on the business sector
Course Requirements and Pedagogy
This course is intended to be taught in the first year of the 2 years MBA programme Students taking up this course are expected to have completed courses on Managerial Economics and Macroeconomics
The course will consist of 30 hours of class room learning divided into 20 sessions of 1 hour and 30 minutes each The class room learning includes lectures discussions and case analyses
Module Topics Readings Sessions
I Introduction Meaning definition features and factors of business environment overview of Business Environment
Economic Trends in India
1 2
II Economic Environment in India
Economic Planning
Industrial policy Industrial licensing
Indian Financial System
Monetary Policy Fiscal Policy
Problems of Growth inflation unemployment poverty etc
India s Foreign Trade
Direct Indirect taxes MRTP FERA FEMA
3 10
Economic Reforms Liberalisation
Privatisation
Foreign Investment in India
Export Import policy
Labour reforms
11 14
Social and Ethical Aspects Business Ethics
Corporate Governance
Social Responsibility of Business

15 17
V International Aspects International Business Environment
Globalisation
WTO and developing countries
18 20

Evaluation
Component Weight
1 Quizzes 20
2 Mid term 20
3 End term 40
5 Assignment 10
4 Class presentation 10
participation
Text book
To be announced in the Class
Other references
Sheikh Saleem Business Environment Pearson New Delhi 2006
Bedi Suresh 2004 Business Environment Excel Books New Delhi
Cherunilam Francis 2004 Business Environment 15th Edition Himalaya New Delhi
Ministry of Finance Govt of India Economic Survey 2006 07
Reserve Bank of India Annual Report latest
Financial dailies such as Economic Times Business Line etc
Business magazines like Business Today Business India the Economist etc
World Bank World Development Reports 2005 2006