TUTOR MARKED ASSIGNMENT

Course Code : MCO – 04

Course Title : Business Environment

Assignment Code : MCO - 04 /TMA/2017-18

Coverage : All Blocks

Maximum Marks: 100

Attempt all the questions.

1. How does socio-cultural environment affects business decisions-making? Give a brief

sketch of the nature of socio-cultural environment prevailing in India.

2. “The scope and coverage of labour legislation are very wide and overlapping”.

Elucidate the statement with a brief overview of labour legislation in India.

3. Distinguish between the following;

(a) Capital Market and Money Market.

(b) Speculative Transaction and Investment Transaction

(c) Budla System and Equity Derivatives

(d) Commercial Bill and Treading Bill

4. Comment in the following statements:

(a) The environment within which a business firm operates is highly dynamic

and complex

(b) Environment and Management influence each other

(c) Every company encounters certain publics in its environment

(d) Marketing intermediaries constitute an integral part of macro environment.

5. “Economic planning has assumed different forms in different countries. Hence there is

hardly any agreement among economists on the concept and nature of economic

planning”. Elaborate on this statement.

6. (a) State the causes of disequilibrium in the balance of payments. Suggest measures for

establishing equilibrium in the balance of payments.

 (b) Explain the concept of globalization as a national policy with particular

reference to the policy initiative taken by government of India since 1991.