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ASSIGNMENT
Course Code : MS - 03
Assignment Code : MS-03/TMA/SEM-II/2014
Coverage : All Blocks
Note : Attempt all the questions and submit this assignment on or
before 30th April , 2014 to the coordinator of your study centre.
1. a) Explain how the politico-legal
environment in a country affects business firms.
b)Analyze the interaction between
political environment and business management citing
relevant examples.
Answer: The Political / Legal / Regulatory
Environment can be simply described as the laws and regulations that business
has to follow in order to make sure the business owners do not get arrested, or
have the business fined for noncompliance of some regulation.
a) How the politico-legal environment
in a country affects business firms:
In order to understand how the political
environment impacts your business, you must analyze how politically vulnerable
your company is. Unfortunately, there are no universal guidelines to do so, but
understanding how much your business is effected by the political environment
can identify threats to your firm. It also important to note that high
b) Analyze the interaction between
political environment and business management citing
relevant examples.
Answer: Technology has
become a paramount factor for organizations. Collating, storing, analyzing
information has become technology based. Changes in the technological
environment is ubiquitous and continuous. A firm has to decide on how to
embrace technology to improve operations and at the same time keep a watch at
substitute
2. Briefly examine the growth,
problems and prospects of Small Scale Industry (SSI) in the post reform period.
Answer: The industrial
policy Resolution of 1956, while emphasizing the role of cottage and small
scale industries, stated: They provide immediatelarge scale employment, they
offer a method of ensuring a moreequitable distribution of National Income, and
they facilitate aneffective mobilization of capital and skill, which might
otherwiseremain unutilized.
3. How does the trade policy reforms
help in enhancing the competitiveness of a nation in the international market?
Discuss.
Answer: National
Competitiveness is a term that can be defined on a number of levels. At its
most basic level, a country’s competitiveness requires a good use of human and
natural resources for a country to achieve some goal. The goals that a country
chooses are a reflection of the philosophy of the country, but they typically
have two things in common: productivity and efficiency. A country can achieve a
better competitive position through its
4. “The long term goals of reducing
poverty, achievement of full employment and growth with social justice have
remained unattended in the process of economic reforms”. Analyze the above
statement in detail with respect to the present context.
Answer:If one traces
the changes in India's economic policies over the last five decades,they bear
the imprint of changing geopolitical dynamics. While India's policy makersoften
couch their agendas in ideological terms, in reality the economy has been
steeredby the ruling elite to their economic advantage. Therefore,
liberalization and thepermissible boundaries within which a reform process will
operate can be bestunderstood if contextually
Dear students
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Send
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