Business Environment and Ethics
n n n
MBA Second Year Pape
n n n
r No. 2.8 n n
School of Distance Education
n n n
Bharathiar University, Coimbatore - 641 046
n n n n n
, Author:n Vivekn Mittaln Copyrig
htn ©n 2008,n Bharathiar n University
Alln Rights n Reserved
Producedn andn Printed
n by
EXCEL n BOOKSn PRIVATE n LIMITED
A-45,n Naraina,n Phase-I,
Newn Delhi-
110028 n for
SCHOOLn OFn DISTANCEn EDUCATION
Bharathiar n University
n Coimbatore-641046
, CONTENTS
Pagen No.
UNITn I
Lesson 1 BusinessnEnvironment:n Then Concept 7
Lesson 2 SocialnResponsibility nof nBusiness 22
Lesson 3 Socio-culture n Environment 30
Lesson 4 Politicalnand nGovernmentnEnvironment 42
Lesson 5 Constitutionnand n itsn Rolen in n Business 50
UNITn II
Lesson 6 Ethics 63
Lesson 7 Corporate n Governance 74
UNITn III
Lesson 8 Globalisation 91
Lesson 9 Multinationaln Corporations 101
Lesson 10 World nTradenOrganisation 121
UNITn IV
Lesson 11 FiscalnPolicy 139
Lesson 12 ValuenAdded nTax,nServicenTax nand nExpenditure nTax 157
UNITn V
Lesson 13 Company n Law 175
Lesson 14 Competition nBill,n2001 196
Lesson 15 Foreign n Exchange n ManagementnAct 203
Lesson 16 Consumern Protection 213
Lesson 17 IntellectualnProperty n Rightsn (Patents) 227
Lesson 18 Stock n Exchange n and n SEBI 237
Lesson 19 Excise,n Customsn and n Salesn Tax 245
ModelnQuestionn Paper 253
, BUSINESSn ENVIRONMENTnANDn ETHICSnSYLLABU
S
UNITn I
Businessnenvironmentn -n Then conceptn andn significancen -
n constituents nofn businessn environmentn -n Business nandn societyn ,n Business n&n ethicsn -
n Socialn responsibility n-
n Environmentaln pollution n andn control. n Business n andnculture-
n Business n and n Governmentn -n Politicaln systemn andn itsn influencenonnbusinessn -
n Indian n constitution n -n Directive n Principles n of n State n Policy.
UNITn II
Managingn n Ethics-n meaningn andn typesn -
n frameworkn ofn organizationaln theories n andn sourcesn -n ethicsnacrossnculturen -
nfactors n influencingnbusiness nethicsn -nethicalndecisionn makingn -
n ethicalnvalues nandn stakeholders n -n ethics nandnprofit. nCorporate nGovernancen -
n structuren ofn Boards-n reformsn inn Boardsn -n compensationn issuesn -
n ethicaln leadership.
UNITn III
Globalisationn ofn then economyn -
n trends nandn issues, n Politicsn and nenvironment,n MNCsn and nGovernmentnrelationships-
n Introduction n to n GATTn and n WTO.
UNITn IV
Fiscaln policyn -ncentralnfinancesn and nnewnfiscalnpolicy n-
n Directn andn indirectn Taxn structure,n VAT, n MODVATn -
n Service n Tax nproblems nandn reformsn -Expendituren Taxn -
n Public n debts n &deficitn financing.
UNITn V
Legalnenvironmentn ofnbusinessn -n Monopoliesn-
n Company n Law, n Competition nActn2002.n Foreignn Exchange n ManagementnAct-
n Securities nandn exchange nboard nofn India nActn -n Customsn and nCentraln Excisen Actn -
n Centraln and n State n sales n Tax n -n Consumern protection n Actn Patents n Act.
n n n
MBA Second Year Pape
n n n
r No. 2.8 n n
School of Distance Education
n n n
Bharathiar University, Coimbatore - 641 046
n n n n n
, Author:n Vivekn Mittaln Copyrig
htn ©n 2008,n Bharathiar n University
Alln Rights n Reserved
Producedn andn Printed
n by
EXCEL n BOOKSn PRIVATE n LIMITED
A-45,n Naraina,n Phase-I,
Newn Delhi-
110028 n for
SCHOOLn OFn DISTANCEn EDUCATION
Bharathiar n University
n Coimbatore-641046
, CONTENTS
Pagen No.
UNITn I
Lesson 1 BusinessnEnvironment:n Then Concept 7
Lesson 2 SocialnResponsibility nof nBusiness 22
Lesson 3 Socio-culture n Environment 30
Lesson 4 Politicalnand nGovernmentnEnvironment 42
Lesson 5 Constitutionnand n itsn Rolen in n Business 50
UNITn II
Lesson 6 Ethics 63
Lesson 7 Corporate n Governance 74
UNITn III
Lesson 8 Globalisation 91
Lesson 9 Multinationaln Corporations 101
Lesson 10 World nTradenOrganisation 121
UNITn IV
Lesson 11 FiscalnPolicy 139
Lesson 12 ValuenAdded nTax,nServicenTax nand nExpenditure nTax 157
UNITn V
Lesson 13 Company n Law 175
Lesson 14 Competition nBill,n2001 196
Lesson 15 Foreign n Exchange n ManagementnAct 203
Lesson 16 Consumern Protection 213
Lesson 17 IntellectualnProperty n Rightsn (Patents) 227
Lesson 18 Stock n Exchange n and n SEBI 237
Lesson 19 Excise,n Customsn and n Salesn Tax 245
ModelnQuestionn Paper 253
, BUSINESSn ENVIRONMENTnANDn ETHICSnSYLLABU
S
UNITn I
Businessnenvironmentn -n Then conceptn andn significancen -
n constituents nofn businessn environmentn -n Business nandn societyn ,n Business n&n ethicsn -
n Socialn responsibility n-
n Environmentaln pollution n andn control. n Business n andnculture-
n Business n and n Governmentn -n Politicaln systemn andn itsn influencenonnbusinessn -
n Indian n constitution n -n Directive n Principles n of n State n Policy.
UNITn II
Managingn n Ethics-n meaningn andn typesn -
n frameworkn ofn organizationaln theories n andn sourcesn -n ethicsnacrossnculturen -
nfactors n influencingnbusiness nethicsn -nethicalndecisionn makingn -
n ethicalnvalues nandn stakeholders n -n ethics nandnprofit. nCorporate nGovernancen -
n structuren ofn Boards-n reformsn inn Boardsn -n compensationn issuesn -
n ethicaln leadership.
UNITn III
Globalisationn ofn then economyn -
n trends nandn issues, n Politicsn and nenvironment,n MNCsn and nGovernmentnrelationships-
n Introduction n to n GATTn and n WTO.
UNITn IV
Fiscaln policyn -ncentralnfinancesn and nnewnfiscalnpolicy n-
n Directn andn indirectn Taxn structure,n VAT, n MODVATn -
n Service n Tax nproblems nandn reformsn -Expendituren Taxn -
n Public n debts n &deficitn financing.
UNITn V
Legalnenvironmentn ofnbusinessn -n Monopoliesn-
n Company n Law, n Competition nActn2002.n Foreignn Exchange n ManagementnAct-
n Securities nandn exchange nboard nofn India nActn -n Customsn and nCentraln Excisen Actn -
n Centraln and n State n sales n Tax n -n Consumern protection n Actn Patents n Act.
