LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034 B.B.A DEGREE EXAMINATION – BUSINESS ADMINISTRATION
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FIRST SEMESTER – NOV 2006
BU 1501 – BUISNESS ENVIRONMENT
Date & Time : 03-11-2006/1.00-4.00 Dept. No. Max. : 100 Marks
Section – A
Answer ALL the questions: 10 X 2 = 20
- Define the term “ Business Environment “.
- What is socio – cultural Environment?
- Define Capitalism.
- Name any two laws relating to business in India.
- What is Democracy?
- What is Contract?
- What is an Unfair Trade Practice?
- What is Cultural Heritage?
- Define Business Ethics.
- Define Globalization.
Section – B
Answer any FIVE questions: 5 X 8 = 40
- What do you understand by the term “Business”? Describe the main characteristics of Business.
- Explain the achievement and failures of Five-year plans in our society.
- Describe the merits and demerits of socialism.
- Explain the fundamental rights of citizens in India.
- Write short notes on:
- Cultural Transmission
- Cultural Adaptation
- Cultural Lag
- Cultural Conformity
- Describe the social responsibilities of business towards employee and the customer.
- Explain the functions of the state.
- Discuss the rights of a consumer under Consumer Protection Act, 1986.
Section – C
Answer any TWO questions: 2 X 20 = 40
- Explain the concept of “Business”. Describe the main objectives of business.
- Explain the features of various types of economic system.
- What do you understand by social responsibilities of business and Explain the case for and against social responsibility of business.