LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034 B.Com. DEGREE EXAMINATION – CORPORATE SEC. FIRST SEMESTER – NOVEMBER 2010 BC 1501 - BUSINESS ENVIRONMENT Date : 12-11-10 Time : 1:00 - 4:00 Dept. No. Max. : 100 Marks PART - A Answer ALL the Questions (10 x 2=20 Marks) Give the meaning of the following terms: 1. Business Environment. 2. Environmental Analysis. 3. Political Environment. 4. Globalisation. 5. The structure of Indian Economy. 6. Business Ethics. 7. Social responsibilities of business. 8. GATT. 9. Consumerism. 10. WTO. PART – B Answer any FIVE Questions (5 x 8 = 40 Marks) 11. Examine the factors responsible for making the Indian Economy global. 12. What are the merits and demerits of FDI? 13. Describe the fundamental rights of Indian citizens. 14. What is social and cultural environment? 15. Why developing countries allow MNC’s to operate in their countries? 16. Describe the directive principles of Indian constitution. 17. What is the role of government in the development of an economy? 18. What are the rights vested with consumers as per consumer protection Act? PART – C Answer any TWO Questions (2 x 20 = 40Marks) 19. What is economic environment? Explain the kinds of economic systems and their influence on global business. 20. Discuss the role of WTO in Indian socio-economic development. 21. Explain the need for Corporate Social Responsibility. What are the arguments given for and against CSR? $$$$$$$ 1