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    <subfield code="a"> AN OVERVIEW OF BUSINESS ENVIRONMENT  A GLIMPSE OF BUSINESS ENVIRONMENT _ &#x2014; Types of environment; internal environment; external environment; micro environment; macro environment; competitive structure of industries; competitor analysis; environmental analysis and strategic management; summary.  NATURE, SCOPE AND OBJECTIVES OF BUSINESS Business system/process; classification of business; clasification of industries; characteristics of business; goals of business; summary.  ENVIRONMENTAL ANALYSIS AND FORECASTING Techniques for environmental analysis; steps in / approaches to environmental analysis; types of environmental forecasting; techniques for environmental forecasting; benefits / importance of environmental analysis; limitations of environmental forecasting; summary.  ECONOMIC ENVIRONMENT Nature of the economy; structure of the economy; economic policies; economic conditions; summary.  POLITICAL AND GOVERNMENT ENVIRONMENT Functions of State; economic roles of government; government and legal environment; economic roles of government in India; the Constitutional environment; summary.  NATURAL AND TECHNOLOGICAL ENVIRONMENT Natural environment; technological environment; innovation; technological leadership and followership; technology and competitive advantage; sources of technological dynamics; time lags in technology introduction/absorption; appropriate technology and technology adaptation; impact of technology on globalisation; IT and marketing; transfer of technology; summary.  DEMOGRAPHIC ENVIRONMENT Population size; falling birth rate and changing age structure; migration and ethnic aspects; summary.  BUSINESS AND SOCIETY  SOCIETAL ENVIRONMENT Business and society; objectives and importance of business; professionalisation; business ethics; business and culture; religion; language; culture and organisational behaviour; other social/cultural factors; technological development and social change; summary.  SOCIAL RESPONSIBILITY OF BUSINESS  Classical and contemporary views; social orientations of business; factors affecting social orientation; responsibilities to different sections; the Indian situation; arguments for and against social involvement; social audit; summary. CONSUMER RIGHTS, CONSUMERSM AND BUSINESS Consumer rights; exploitation of consumers; consumerism; consumer protection; U N guidelines for consumer protection; consumer protection and consumerism in India; Consumer Protection Act; summary. CORPORATE GOVERNANCE Meaning; reasons for the growing demand for corporate governance; importance of corporate governance; prerequisites; regulatory and voluntary actions; recommendations of Birla Committee; summary.  : INDUSTRIAL POLICIES AND REGULATIONS  INDUSTRIAL POLICY Industrial policy up to 1991; the new industrial policy; an evaluation of the new policy; summary; .: Schedule to Industrial Policy Resolution, 1956; .  IDRA AND INDUSTRIAL LICENSING Industries (Development &amp; Regulation) Act; industrial licensing; the new policy; summary. PUBLIC, PRIVATE, JOINT AND CO-OPERATIVE SECTORS Public sector; growth and performance of public sector; the new public sector policy; organisation of public enterprises; government and parliamentary control over public enterprises; pricing policy in public enterprises; Department of Public enterprises; nationalisation; private sector; joint sector; the concept of national sector; cooperative sector; summary.  PRIVATISATION AND DISINVESTMENT Expansion of public sector and its defects; privatisation reaction; ways of privatisation; obstacles; conditions for success of privatisation; benefits of privatisation; arguments against privatisation; sins and pitfalls of privatisation; Rangarajan Committee and disinvestment; privatisation in India; summary.  VILLAGE AND SMALL INDUSTRIES The VSI sector; definitions; SMEs in other countries; importance; development of VSI under the Plans; promotional measures; institutional support structure; State industrial policies; khadi and village industries; ancillary industries; drawbacks and problems; summary.  INDUSTRAIL SICKNESS Definition; magnitude; causes of sickness; preventive and curative measures; Sick Industrial Companies Act; summary.  PRICE AND DISTRIBUTION CONTROLS Objectives of price and distribution controls; price policy in India; price controls; indirect controls; direct controls; administered prices; dual pricing; subsidisation; Essential Commodities Act; other laws to control production, distribution and prices; the public distribution system; summary.  INDIAN COMPANY LAW A brief history of company law in India; objectives of the Companies Act: classification of companies; formation of companies; Memorandum of Association; Articles of Association; Prospectus; board of directors; Board of Company Law Administration; investigation by Central Government; winding up of companies; buy-back of shares; Companies (Amendment) ) Act, 2000; Companies (Amendment) Act, 2002; Companies (Second Amendment) Act, 2002; summary.  PATENTS AND TRADE MARKS Patents; trade marks; the Trade Marks Act, 1999; summary; Annexure 19.1: Falsifying and falsely representing trade marks; falsely representing trade marks as registered; registration of trade marks as associated trade marks.  COMPETITION POLICY AND LAW  Competition policy and law - nature and scope; government policies and distortions to competition; interface of FDI and competition law; pre-requisites for a competition policy; contours of competition law; Competition Act, 2002;  MRTP Act.  THE FINANCIAL SYSTEM  MONETARY AND FISCAL POLICIES   Monetary policy; measures of money stock; monetary policy and money supply; instruments of monetary policy; fiscal policy; the Union budget; State budgets; finances of the Union and States; the Finance Commission; importance of the budget; summary.  FINANCIAL MARKET STRUCUTRE Credit market; foreign exchange market; debt market; derivatives market; bancassurnce; summary.  MONEY AND CAPITAL MARKETS Meaning of money market; constituents of a money market; functions of money market; the Indian money market; money market instruments and constituents; capital market&#x2014;nature and constituents; importance of capital market; capital market in India; nature of the Indian capital market; development of the market; summary.  STOCK EXCHANGE AND ITS REGULATION Meaning; importance and functions; dealings on stock exchange; speculation on the stock exchange, organisation of stock exchanges in India; OTCEI; National Stock Exchange of India; Stock Holding Corporation of India; regulation of stock exchange&#x2014;Securities Contracts (Regulation) Act; SEBI; capital market reforms and developments; summary; Annexure 24.1: Derivatives; Annexure 24..2: BSE Sensex.  INDUSTRIAL FINANCE Short term finance; medium term finance; long term finance; ownership securities; creditorship securities: new issues&#x2014;mark. Ling of securities; underwriting of securities; internal financing (ploughing back of profits) public deposits; commercial banks; summary; Annexure 25.1: Leasing.  INDUSTRIAL FINANCIAL INSTITUTIONS Types of institutions; types of assistance; Industrial Development Bank of India; Industrial finance corporation of India; Industrial Credit and Investment Corporation of India; Industrial Investment Bank of India; Discount and Finance House of India; State Financial Corporations; State Industrial Development / Investment Corporations; Investment Institutions; Institutions for small industry; commercial banks; summary; Annexure 26.1: Merchant Banking; Mutual Funds; Venture Capital.  : LABOUR ENVIRONMENT  LABOUR LEGISLATION Principles of labour legislation; labour legislation in India&#x2014;laws relating to weaker sections; laws relating to specific industries; laws relating to specific matters; laws relating to trade unions and industrial relations.  LABOUR WELFAREW AND SOCIAL SECURITY Welfare and amenities within the precincts of the establishment; welfare outside the establishment; social security; legislative enactments; workmen's compensation; maternity benefits; employee's state insurance; provident fund; lay-off and retrenchment compensation; family pension; gratuity scheme.  INDUSTRIAL RELATIONS Industrial disputes; causes of industrial disputes; industrial disputes&#x2014;preventive steps; employer-employee relations; Tripartite Machinery; Code of Discipline and Industrial Truce Resolution; settlement of disputes&#x2014;voluntary arbitration; machinery under the Industrial Disputes Act; grievance settlement authority; Conciliation Officers; Boards of Conciliation; Courts of Inquiry; Labour Courts; Tribunals; National Tribunals; reference and awards; prohibition of strikes and lock-outs; other important provisions of the Act; Annexure: 29.1: Schedules to the Industrial Disputes Act.  </subfield>
    <subfield code="v">TRADE UNIONS Meaning; functions of trade union; social responsibilities of trade unions; trade union movement in India&#x2014;fact contributing to growth; some important developments; limitations and problems of trade unionism in India; regulation trade unions&#x2014;The Trade Unions Act; definition of trade union; registration of unions; rights and liabilities of register unions; amendments to Trade Unions Act; Summary.  WORKERS' PARTICIPATION IN MANAGEMENT -Meaning; objectives; problems and limitations; forms of participation; workers' participation schemes in India; Won Committees / Joint Committees; Joint Management Councils; Shop/Department Councils and Joint Councils; summary.  EXIT POLICY Need for exit policy; extent of overmanning; VRS and golden handshake, NRF; conclusion; summary.  QUALITY CIRCLES Origin and development; meaning and nature of QC; structure of quality circles; Objectives/philosophy of QCs; the process of QCs; Conditions for success of QCs; reasons for failure of QCs; : &#x2022; - findings on QCs. : ECONOMIC PLANNING AND DEVELOPMENT PLANNING IN INDIA The Planning Commission; The NDC; State plans; formulation of the Plan; eleventh plan; performance; summary.  INDUSTRIAL DEVELOPMENT STRATEGY Salient features of industrial planning and development; capital goods vs. consumer goods; roles of public and private sectors; village and small industries; comparative cost dynamics; import substitution and export contribution; capacity utilisation; regional disparities; an evaluation; summary.  PLANNING AND DEVELOPMENT OF AGRICULTURE Phases of development; expansion and development of inputs and services; agricultural marketing; agricultural price policy; commodity exchange; summary.  : GLOBAL ENVIRONMENT  GATT/WTO AND GLOBAL LIBERALISATION _ _ Objectives; an evaluation of GATT; the Uruguay Round Agreement; GATT and WTO; functions of WTO; salient features of UR agreement; UR agreement and developing countries; implementation issues; UR agreement and India; summary; Annexure 37.1 : The Doha Declaration.  INTERNATIONAL INVESTMENTS Significance of foreign investment; trade and investment; types of foreign investment; factors affecting international investment; growth of foreign investment; dispersion of FDI; portfolio investments; cross-border M&amp;As; foreign investment in India; foreign investment by Indian companies; summary.  MULTINATIONAL CORPORATIONS Definition and meaning; organisational models; dominance of MNCs; MNCs and international trade; merits of MNCs; demerits; perspectives; code of conduct; multinationals in India; summary. </subfield>
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