BUSINESS ENVIRONMENT
Teacher
Ajitav Acharya
Category
Domain Courses
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Course Name : BUSINESS ENVIRONMENT
Code(Credit) : CUTM1695(2-0-0)
Course Objectives
- To provide knowledge of the environment in which businesses operate, the economic operational and financial framework
- To give students an understanding of the various constituents of the local and global business environments.
- To have a critical study of liberalization, privatization and globalization.
- To study the procedural aspects of various forms of Business Organizations in India
Learning Outcomes
After successful completion of the course, the student will be able to
- Identify and evaluate the complexities of business environment and their impact on the business.
- Analyze the relationships between Government and business and understand the political, economic, legal and social policies of the country.
- Analyze current economic conditions in developing emerging markets, and evaluate present and future opportunities.
- Gain knowledge about the operation of different institutions in international business environment.
Course Syllabus
| Unit 1:
|
Business Structure
Evolution from local to global state - Changing Scenario since liberalization, privatization and globalisation – Concept of Business Structure- Structural relationship of Business components – like trade, Industry, commerce & services – role of business associations |
| Unit 2 :
|
Business Environment
Concept & Significance - Economic - political - Social -Technological - Legal - Cultural & Ecological Environment. Inter - dependence of Business& Environment-National priorities & fiscal concessions |
| Unit 3: | International Environment
International trading environment (overview); Trends in world trade and the problems of developing countries; foreign trade and economic growth; International Economic groupings; International economic institutions - GATT, WTO. UNCTAD, World Bank, IMF, GSTP; Counter trade |
.
Books Recommended:
- Pandey GN, Environment Management, Vikas Publishing, New Delhi
- Paul Justin, Business Environment: Text and Cases, Tata McGraw Hill, New Delhi
- Saleem Sheikh, Business Environment, Pearson Education, New Delhi
- Vivek Mittal, Business Environment, Excel Books, New Delhi
Session Plan
Session 1
Business Structure: Evolution from local to global state, Changing Scenario since liberalization.
Links
https://www.youtube.com/watch?v=REm0aqPvRb8
Session 2
Session 3
Concept of Business Structure- sole proprietorship business, features, advantages and disadvantages, Partnership business, joint stock company- features, advantages and disadvantages.
https://www.youtube.com/watch?v=N44yiCRNnMs
PDF link
Session 4
Structural relationship of Business components – like trade, Industry, commerce & services
links
https://www.youtube.com/watch?v=bJIRyvQqZR0
Session 6
Business Environment: Concept & Significance
links
Session 7
Economic, political Environment Social, Technological Environment Legal, Cultural Environment and Ecological Environment
link
https://www.youtube.com/watch?v=pvPUf2xAzpA
https://www.youtube.com/watch?v=EWhRy4MaUeA
https://www.youtube.com/watch?v=rXty8_fMjk4
Session 8
The interdependence of Business& Environment, About National priorities, fiscal concessions
PDF link
Session 9
International trading environment (overview), Trends in world trade and the problems of developing countries, foreign trade and economic growth, International Economic groupings
PDF link
Session 10
International economic institutions -GATT
International economic institutions -WTO, UNCTAD
International economic institutions -World Bank, IMF
About GSTP, counter trade
PDF link
Case Studies
Case Studies
Our Main Teachers
Ajitav Acharya is working as a faculty at at at Centurion University of Technology and Management, Bhubaneswar. He is having more than 10 years of experience in academics and industry. He is currently pursuing his Ph.D. at Utkal University. He has completed his MBA (Finance and Marketing) from Siksha ‘O’ Anusandhan University, MCom and Bcom […]