IGNOU| BUSINESS ENVIRONMENT (ECO - 13)| QUESTION PAPER – (DEC

IGNOU| BUSINESS ENVIRONMENT (ECO - 13)| QUESTION PAPER – (DEC - 2023)| (BDP)| ENGLISH MEDIUM

Note: (i) Attempt any five questions.

(ii) All questions carry equal marks.

1. What is meant by business environment? Discuss various non-economic environmential factors of business. 2+8

2. Define the concept of social responsibility of business. Discuss views against and in favour of social responsibility of business. 2+8

3. Explain the meaning of economic development. Describe various trends for evaluating economic development. 2+8

4. Discuss the regulatory role of the government of India in business. 2+8

5. Elaborate salient features of the Consumer Protection Act, 1986. 10

6. Explain the main objectives of New Industrial Policy, 1991. What initiatives were taken to achieve these objectives? 5+5

7. Explain the characteristics of Multinational Corporations (MNCs). What are the merits and demerits of MNCs? 5+5

8. Write short notes on any two of the following: 5+5

(a) Ecological issues

(b) Fiscal policy

(d) Balance of payments

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