We have the MBS 2nd Semester Business Environment Syllabus Pdf.
MBS 2nd Semester Business Environment Syllabus Pdf
Following are the MBS 2nd Semester Business Environment Syllabus Pdf:
Course Objectives
The course aims to provide the students with the knowledge of different facets of the external business environment that are necessary for the survival of a business firm in the contemporary business world. It also aims to develop capacity and skills in the students to analyze and evaluate these facets and apply them in the formulation of business strategies. This course examines the relationship between business organizations and their functional areas.
Course Description
The main topics covered in the course are: the business-environment interaction, analysis of the economic, political, social, cultural, legal, and technological environments and their effects on international business; trade policy instruments and implications for business; economic policies and reforms, corporate social responsibility; globalization and regional economic integration, multinational corporations; major drivers behind, and barriers to, foreign direct investment; impact of international institutions and organizations like WTO on Nepalese business. The purpose is to develop a solid understanding of the external, economy-wide factors that affect the performance and management of Nepalese business firms.
Unit 1: Introduction LH 3
Contents:
- Concept: the relationship between the business system and its environment.
- Importance and components of the business environment.
- Process and techniques of environmental analysis.
- Business environment analysis for strategic management.
- Recent trends and emerging business environment in Nepal.
Unit 2: Economic Environment LH 16
Contents:
- An overview of the Nepalese economy: Economic structure and dimensions; Economic indices – National income; Rate and growth of GNP, per capita; Poverty situation; Distribution of income; Nepal’s foreign trade – structure and related issues; Labour market issues; Foreign employment – trends and issues. Economic planning: An overview of five-year/three-year plans of Nepal; Current Plan – its objectives, targets, and strategies applicable to business and industrial sectors; Millennium Development Goals – parameters and progress in Nepal.
- Nepalese economic policies and reforms: Industrial Policy- concept and objectives; Trade Policy – concept and objectives; Tourism Policy – objectives and characteristics; Current monetary policy; Economic policy reforms.
- Agriculture and industrial sectors: Features and issues in the Nepalese agricultural sector; Nepal’s industrial sector – structure, performance, and constraints.
Unit 3: Political Environment LH4
Contents:
- Political system, its nature, and significance for business.
- Political structure; Political parties, Government’s role in business.
- Political stability issue.
- Impact of the political environment on the Nepalese business structure.
- Interrelationships between politics, government, and business.
Unit 4: Regulatory Environment LH 7
Contents:
- Constitutional framework; Directive principles.
- Fundamental rights: Main features and provisions of business-related legislation and policies in Nepal.
- Business legislation in Nepal – Companies Act, 2006.
- Finance and investment legislation – Foreign Investment and Technology Transfer Act, 1992.
- Income Tax Act, 2002; Industrial Enterprise Act, 1992.
- Securities Act, 2063; Labor Act, 1992; Trade Union Act, 1992; Mines and Minerals Act, 1985.
- Patent Design and Trade Mark Act, 1965; Copyright Act, 2002; Foreign Employment Act,2007.
Unit 5: Socio-Cultural Environment LH 4
Contents:
- Concept and components of socio-cultural environment.
- Impact of socio-cultural environment on business.
- Analysis of components of the Nepalese socio-cultural environment.
- Attitudes, values and beliefs, religion, language, education, social institutions, class structure, and business culture.
- Emerging socio-cultural changes in Nepal.
Unit 6: Social Responsibility of Business LH 3
Contents:
- Social responsibility of business: Concept, approaches, and areas.
- Corporate accountability, Social audit.
- Concept, models and procedures, consumerism.
Unit 7: Global Environment LH 7
Contents:
- Globalization – concepts and forms; Regional economic integration.
- A brief overview of the regional economic groupings such as NAFTA, APEC, ASEAN, SAARC, SAFTA, and BIMSTEC.
- Economic reforms in South Asia: World Trade Organization (WTO) – Objectives, structure, principles, agreements, and most favoured nation treatment.
- Benefits of the WTO trading system; Nepal’s membership and commitments – opportunities and threats for Nepalese business, Recent trends and development in the global environment.
Unit 8: Environment, Energy and Technology LH 4
Contents:
- Environment and energy management: Natural environment and pollution issues.
- Environmental protection legislation and programs.
- Demand and supply of energy; Environment and energy management issues.
- Science and Technology Policy; IT Policy; Electronic Transactions Act, 2007.
- Status of technology in Nepalese businesses: Technology and human factors.
- Issues related to the management of technology.
References
- Pant, Prem R. Business Environment in Nepal. Buddha Academic Publishers and Distributors, Kathmandu.
- Agrawal, G. R. Dynamics of Nepalese Business Environment. M. K. Publishers, Kathmandu.
- Aswathappa, K. Business Environment for Strategic Management, Himalaya Publishing House, Bombay.
- Cherunilam, F. Business Environment. Himalaya Publishing House, Bombay. Relevant laws, literature and cases.
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