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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS) | ||
END SEMESTER EXAMINATION – MARCH /APRIL 2016 | ||
B.B.A.– II SEMESTER | ||
M1 15 MC201: BUSINESS ENVIRONMENT | ||
Duration: 3 Hours Max. Marks: 100 | ||
SECTION – A | ||
I) | Answer ALL the questions. Each carries 2 marks. (10×2=20) | |
1. | What is Economic Environment? | |
2. | What do you mean by Privatization? | |
3. | List down the objectives of Foreign Trade Policy of 2004-09? | |
4. | Define preamble of a statute? | |
5. | Write a short note on TRIMS and TRIPS | |
6. | Expand SAARC. | |
7. | Mention any two harmful effects of Technology on business. | |
8. | What do you mean by Open market operation? | |
9. | Write a short note on SEZ. | |
10. | Define Natural Environment of Business. | |
SECTION – B | ||
II) | Answer any FOUR questions. Each carries 5 marks. (4×5=20) | |
11. | What are the differences between GATT and WTO? | |
12. | List down the benefits of globalization? Explain in detail. | |
13. | Define “Competition Commission of India”. Discuss the features of competition Act 2002. | |
14. | What are the methods of technology transfer? Explain with examples. | |
15. | What is the primary factors affecting the economy? | |
16. | Explain Directive State Policy. | |
SECTION – C | ||
III) | Answer any THREE questions. Each carries 15 marks. (3×15=45) | |
17. | Discuss how the internal and external factors affect the business. | |
18. | Elaborate the societal benefits of technological development. | |
19. | Discuss the constitutional environment of business in India. | |
20. | What are the impact of globalization on Indian Business? Explain in detail. | |
21. | Discuss on the New Industrial Policy of 1991. | |
SECTION – D | ||
IV) | Case Study – Compulsory question. (1×15=15) | |
22. | The public sector Indian Oil Corporation (IOC), the major oil refining and marketing company which was also the canalizing agency for oil imports and the only Indian company in the Fortune 500, in terms of sales, planned to make a foray in to the foreign market by acquiring a substantial stake in the Balal Oil Field in Iran of the Premier oil. The project was estimated to have recoverable oil reserves of about 11 million tones and IOC was supposed to get nearly four million tones.
When IOC started talking to the Iranian company for the acquisition in October 1998, oil prices were at rock bottom ($11 per barrel) and most refining companies were closing shop due to falling margins. Indeed, a number of good oil properties in the Middle East were up for sale. Using this opportunity, several developing countries “made a killing by acquiring oil equities abroad”. IOC needed Government’s permission to invest abroad. Application by Indian company for investing abroad is to be scrutinized by a special committee represented by the RBI and the finance and commerce ministries. By the time the government gave the clearance for the acquisition in December 1999 (more than a year the application was made), the prices had bounced back to $24 per barrel. And the Elf of France had virtually took away the deal from under IOC’s nose by acquiring the Premier Oil. The RBI, which gave IOC the approval for $15 million investment, took more than a year for clearing the deal because the structure for such investment were not in place, it was reported.
Questions:
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