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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – OCTOBER 2013
M.COM – I SEMESTER
BUSINESS PERSPECTIVES
Duration: 3 hours Max. Marks: 100
SECTION – A
I) Answer SEVEN questions out of Ten. ( 7 x 5 = 35)
1. How does business of today different from that of four to five decades ago?
2. What are the essential factors that influence good corporate governance? Discuss the
factors that influence corporate governance.
3. Explain the concept GDP? State the difference between normal and real GDP. What is
the role of GDP inflator?
4. Discuss what money supply is. What are SLR and CRR? How does it affect the
supply of money and credit?
5. What are Public Sector Enterprises? State the objectives of PSEs. What are its
advantages?
6. Write an account on the symptoms of financial bankruptcy and the role of BIFR.
7. State the reasons for regional imbalances. What are the factors that are used to
measure backwardness of a state?
8. What is meant by technology transfer? What are the different levels of technology
transfer?
9. Briefly explain the instruments of fiscal policy.
10. What are the advantages and disadvantages of globalization?
SECTION – B
II) Answer any THREE questions out of Five. (3 x 15 = 45)
11. Discuss the objectives of business? Elucidate on Business and Environment Interface.
12. Elucidate the concepts of national income and its measurement. Highlight the
significance of national income estimate. What are the difficulties faced in the
measurement of national income?
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13. Explain industrial sickness. What are the symptoms of industrial sickness? What are
the reasons for industrial sickness? Discuss the consequences and remedial
measures suggested to overcome sickness.
14. Discuss the various factors associated with environmental cost audit.
15. Elucidate the impact of monetary policy on business. What are the instruments of
monetary policy?
SECTION – C
III) Compulsory Case study (1 x 20 = 20)
16.
Software Revolution
Software Revolution has surpassed all other revolutions by playing a cardinal role in
almost every branch of human activity viz., education, health care, services, the
railways, the civil aviation, banking, insurance, manufacturing, government, media,
entertainment, defense services and a wide range of other sectors. History has been
witness to a revolution that has transformed human revolution, which has transformed
human life and its day-to-day activities beyond description. Several global players have
made it possible for us to become a part of this global village. The fact that India is
making this digital revolution happen, must make every Indian proud of his country,
its great reservoir of talent and the quality leadership endowed with a futuristic vision.
Not to be left behind at any cost in the crazy race for a place of pride in “Global village”,
India too had put in efforts to reach the front line in information technology. Software
technology parks and cyber towers dot the landscape in Thiruvananthapuram,
Bangalore, Chennai, Hyderabad and other cities. The “in thing” now is, digitization of
information which has changed the way we work, play, communicate and live. Once
information is digital it can be shared, duplicated, transferred and edited with ease and
it is synergy that would revolutionize every sector of the economy.
India has done very well in the field of software exports as well as export of IT enabled
services to all rich countries including USA, UK, Germany, Japan etc,- the records are
enviable. The entire world is now moving towards E-commerce, and E-business. By
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2008 India would contribute nearly 4% to 5% of the total E-commerce business – says
Mr. Jayakrishna, Secretary, Union Dept. of IT. It is now 10 years since Microsoft has
been operating in India. Its CEO Mr. Gates visited India first in 1997 and made his
second visit in Sept. 2000; many changes had been noticed within a span of three years.
Gate has hailed India as an IT super power and was all praise for the high quality of
skills of India’s software professionals. He said the key is the quality of the human
talent, here. When people do software projects in India, they do so because this is the
place where they can find people with the latest skills. For the Microsoft R&D centre in
Hyderabad, Mr. Gates announced an additional 55 million dollar over the next three
years to enhance the capacity and drive.
On September 14, 2000, the Bangalore based Infosys technology and Microsoft entered
into a strategic global alliance for developing business solutions in areas of customer
relations management, e-commerce, financial services and insurance. The two
companies would also undertake joint marketing and account planning. Microsoft and
Wipro have also decided to strengthen their ties through collaborative approach by
which Wipro can implement Microsoft platform based e-commerce projects. They could
also work together on expanding opportunities in the Indian markets with the Indian
firm emerging as the largest systems integrator in the country.
Questions:
1. How is India involved in Digital revolution? Why do large MNCs choose India?
2. Comment on the changing trends in the Indian business environment?
3. How is India going to benefit from international trade agreements?
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