LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.B.A. DEGREE EXAMINATION – BUSINESS ADMINISTRATION
FIRST SEMESTER – APRIL 2012
BU 1501 – BUSINESS ENVIRONMENT
Date : 02-05-2012 Dept. No. Max. : 100 Marks
Time : 1:00 – 4:00
PART – A
ANSWER ALL THE QUESTIONS: 10 x 2 = 20
- Define the term ‘Environment’
- Define the term ‘Business’.
- What are Economic Systems?
- What is GDP?
- What is legislature?
- What are fundamental rights?
- What is meant by Social responsibilities of business?
- What is ecology?
- What is globalization?
- What is legal environment?
PART – B
Answer any FIVE questions: (5 x 8 = 40 marks)
- List out the characteristics of business.
- Define mixed economy. State its features.
- List out the responsibilities of business towards Government.
- Describe the factors influencing business ethics.
- What are the basic objectives of Economic planning?
- Bring out the rights of consumers under consumer protection Act,1986.
- State the main principles of GATT.
- Explain the macro environment that impacts business.
PART – C
Answer any TWO questions: (2 x 20 = 40 marks)
- What role does the Government play in the economy of a country?
- Discuss the economic factors that affect the business policies.
- Describe the structure of WTO. What are its objectives and functions?
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