Institute of Technology & Science

Mohan Nagar, Ghaziabad

Learning objective & Lesson Plan
Course:
MBA
Semester: I
Section:
A, B & C
Subject: Business Environment
Name of Faculty: Prof A R Mishra
PART I
LEARNING OBJECTIVE
The present course aims at familiarizing the participants with various aspects of economic, social,
political and cultural environment of India. This will help them in gaining a deeper understanding
of the environmental factors influencing Indian business organizations.

LEARNING OUTCOMES
At the end of this course students will be able to know:
1. All kinds of environmental issues and nuances of Indian Business
2. Factors that affect the Indian business to flourish or fizzle out.
CONTENTS:
Business Environment
UNIT- I (6 Sessions)
Business Environment-Meaning, Importance, Environmental Factors, Recent Political
Environment, Recent Economic and Financial Environment, Planning In India-Planning
Commision-Liberalisation and Planning,
Industrial Policy: New trade policy-1991 onwards, Industrial Licensing in India
UNIT-II (10 Sessions)
Indian Financial System : Monetary And Fiscal Policy,Economic Trends, Price Policy,Stock
Exchange Of India,Role of regulatory instituions in Indian financial system RBI and SEBI ,
National Income,Role of
Industry in Economic Development, Foreign Trade and Balance of Payment,Poverty in India,
Unemployment in India, Inflation, Human Development, Rural Development, Problems of
Growth
UNIT-III (6 Sessions)
Direct & Indirect Taxes (MODVAT),(CENVAT),Competition Act 2002 & FEMA Acts ,Business
Ethics, Corporate Governance, Philosophy and strategy of planning in India.
UNIT-IV (6 Sessions)
Liberalisation, Privatization and Disinvestments, Special Economic Zone (SEZ) and their role
and impact in International Business Environment,World Trade Organisation (WTO), Redefining
Value Preposition to MSMEs
UNIT-V (12 Sessions)
Social Responsibility of business enterprises, New Economic Policy, Globalization, EXIM policy
and role of EXIM bank, FDI policy, Multinational Corporation (MNCs) and Transnational
Corporations (TNCs), Global Competitiveness, technology and competitive advantage,
technology transfer - importance and types, Appropriate technology and technology adaptation.

Text Book: Business Environment by Francis Cherunilam, (Himalaya Publishing House, New
Edition)
Suggested Readings:
1. Shaikh & Saleem - Business Environment (Pearson, 2nd Edition)
2. Francis Cherunilam Business Environment, Text and Cases (Himalaya Publishing House, 8th
Edition).
3. Mittal - Business Environment (Excel Books).

4. V. Neelamegam Business Envirnoment (Vrinda Publications , 2nd Edition)

5. Fernando-Business Environment (Prentice hall)
6. Mishra S K & Puri V K - Economic Environment of Business (Himalaya Publishing House, 3 rd
Edition).
7. Paul Justin - Business Environment Text and Cases (Tata Mc Graw Hill).

Delivery:
This course will be delivered in a variety of ways; Lectures, Presentations and Case
Studies.
Evaluation Criteria:
Presentation: 10 marks
Attendance: 10 marks
Mid Term Examination: 30 marks

S.No

Topic

Business Environment
Part-II (Lesson Plan)
Lecture
No

Unit I
Business Environment-Meaning, Importance, 1-2
1
Environmental Factors, Recent Political
Environment, Recent Economic and Financial
Environment,

Planning In India-Planning
Liberalisation and Planning,

Commision-

3-4

Industrial Policy: New trade policy-1991

onwards, Industrial Licensing in India

5-6

References
Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam

Remarks

Unit II
Indian Financial System : Monetary And Fiscal
4

7-8

Business
Environment
by
Francis
Cherunilam

9-10

Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam

Policy,Economic Trends, Price Policy,Stock

Exchange Of India,

Role of regulatory instituions in Indian

financial system RBI and SEBI , National
Income,

11-12
Role of Industry in Economic Development,
Foreign Trade and Balance of Payment,

Poverty in India, Unemployment in India,

Inflation

Human Development, Rural Development, 15-16

Problems of Growth

Unit III
Direct
9

&
(CENVAT),

Indirect

Taxes

13-14

(MODVAT),

17-18

10

Competition Act 2002 & FEMA Acts ,

19-20

11

Business Ethics, Corporate Governance,

Philosophy and strategy of planning in India.

21-22

Unit IV
Liberalisation,
9

Privatization

and

23-24

10

Special Economic Zone (SEZ) and their role

and impact in International Business
Environment,World Trade Organisation (WTO),

25-26

11

Redefining Value Preposition to MSMEs

27-28

Disinvestments,

Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam
Business
Environment

by
Francis
Cherunilam
UNIT
V
Social Responsibility of business enterprises,
13

29-30

14

New Economic Policy, Globalization, EXIM

policy and role of EXIM bank,

15

FDI policy, Multinational Corporation (MNCs) 33-34

and Transnational Corporations (TNCs),

16

Global Competitiveness,
competitive advantage,

17

Ttechnology transfer - importance and 37-38

types,

18

Appropriate technology and technology 39-40

adaptation.

technology

and

31-32

35-36

Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam
Business
Environment
by
Francis
Cherunilam

Note:
Students will have to complete the given assignments during the course
Thanks
(Prof A R Mishra)