St. Joseph’s College of Commerce (Autonomous)
End Semester Examination – APRIL 2013
BBM – II Semester
BUSINESS ENVIRONMENT
Time : 3 hours Max. Marks: 100
SECTION – A
- Answer all the questions. (10×2=20)
- Define business environment.
- What is EXIM policy?
- Distinguish between Privatization and liberalization?
- What is the purpose of setting up special economic zones?
- Write four sentences on Environment Protection Act.
- Write a note on joint ventures.
- What is: (a) GATT (b)
- List any four MNC’s operating in India.
- Mention any two International Financial Institutions.
- Write a short note on inflation.
SECTION – B
- Answer any four questions: (4×5=20)
- Explain the various offences that are recognized under the IT act, 2000.
- Critically examine the monetary policy of the RBI?
- Bring out the challenges of international business.
- Critically evaluate the importance of fundamental rights.
- Explain the principle objectives of a modern business firm.
- Explain the advantages of Technology in Trade Environment.
SECTION – C
- Answer any three questions: (3×15=45)
- Do you think that there is a possibility of complete cultural integration of the world in the modern global environment? Justify your answer.
- What are the objectives of Competition Act? Explain the provisions of competition commission of India.
- Distinguish clearly with the help of suitable examples the differences between internal and external environment of business.
- “Business and government are two most powerful institutions in the society.” Discuss the relationship between these two.
- Discuss the characteristic features of Indian Economy and explain the factors affecting the economy.
SECTION – D
- Case Study – Compulsory question. (15 Marks)
Internet censorship in China is conducted under number of laws and administrative regulations. More than sixty Internet regulations have been made and implemented by the Chinese government. The government not only blocks website content but also monitors the internet access of individuals. Several government bodies are involved in reviewing and enforcing laws relation to information flowing within, into, and from China, but the most powerful monitoring body is the Communist Party’s Central Propaganda Department (CPD), which coordinates with GAPP and SARFT to make sure that content promotes and remains consistent with party doctrine. Google, the world’s largest internet search engine company has been facing the Chinese bites since 2000. In 2000, the company developed the Chinese interface for its google.com website. In 2002, the company search engine became unavailable for Chinese users. In 2005, Google hired the ex-CEO of Microsoft Lee Kai Fu as head of Google China. Microsoft sued Google saying that Lee will disclose the propriety information to the company. In December 2005, both the companies reached at the settlement. In 2006, Google rolled out google.cn, China based search page that censors the results as per the Chinese rules. (Economic Times). Critics viewed announcement of Google to comply with the internet censorship laws in China as the submission to the Golden Shield Project (a censorship and surveillance project operated by the Ministry of Public Security (MPS) division of the government of China in 1998 and implemented in 2003)
Due to this censorship, whenever people search for prohibited Chinese keywords on a blocked list maintained by the Chinese Government, google.cn will display the in accordance with local laws, regulations and policies, part of the search result is not shownî. Or ìSearch results may not comply with the relevant laws, regulations and policy cannot be displayed. In August 2008 Google launched the free music downloads to the users to better compete with the market leader Baidu. Cn. In March, 2009 China Banned the Google’s You Tube. In June, 2009, Gmail, goole.com and other online services of Google become unavailable and Chinese Government accused Google of spreading obscene content over the internet.
In September 2009 Lee Kai Fu resigned from the post and in October 2009 many of the Chinese authors accused Google of violating the copyrights with its digital library. Finally in January 2010 the company said it’s no longer willing to censor the results in the country and may pull out of the country. A blog posted by Google explained exactly that like many other well know organizations it faces regular cyber-attacks Chinese Government downplays the Google’s threat of exit by saying that this is the latest manifestation of western imperialism and this time a private player. They can also blame company for not having the potential to compete with the domestic player Baidu.cn. Chinese Government holds its point that there are many ways to resolve a problem but every foreign company including Google will have to abide by Chinese Laws. (Reuters). (Economic Times Bureau).
Questions:
- In the context of above case, examine the need of cyber laws.
- Do you support the actions of Chinese Government on Google? Justify your point of view.
- Critically evaluate Google’s decision to exit Chinese economy.
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