LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP
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FIRST SEMESTER – November 2008
BC 1501 – BUSINESS ENVIRONMENT
Date : 10-11-08 Dept. No. Max. : 100 Marks
Time : 1:00 – 4:00
SECTION – A
Answer ALL the questions (10 x 2 = 20)
- What is the meaning of the term Business?
- What is business environment?
- Explain the economic environment of business.
- What is Mixed economy?
- What is meant by constitutional environment of business?
- What is legal environment of business?
- What are the concepts of business ethics.
- Define Globalisation.
- What is MBO?
SECTION – B
Answer any FIVE questions only (5 x 8 = 40)
- What are the factors affecting business environment?
- State the effects of inflation on business.
- Explain the fundamental rights of a citizen in India.
- Explain what is meant by welfare-state.
- What are the various problems of an economy?
- Analyse the responsibilities of business towards its employees.
- Discuss about business – Consumer relationship.
- “In corporate management the concept of ethical values poses problems” – Explain.
SECTION – C
Answer any TWO questions (2 x 20 = 40)
- What is the role of government in shaping the business environment?
- Mention some of the legislation in India to protect the interest of consumers.
- Analyse the functions of WTO and critically examine how this organization can be considered superior to GATT.