DCM3203 BUSINESS ENVIRONMENT

Description

SESSION	JAN 2026
PROGRAM	BACHELOR OF COMMERCE
SEMESTER	VI
COURSE CODE & NAME	DCM3203 BUSINESS ENVIRONMENT

 

Assignment Set – 1

 

Q.1. (i) Explain the SWOT analysis and steps involved in the application. (ii) Describe the instruments of monetary policy. (5+5 = 10 Marks)

Ans 1.

(i) SWOT Analysis and Steps in Application

SWOT Analysis can be described as a strategic method of planning that helps to determine the strengths, weaknesses Opportunities, and Threats facing an organisation or a business initiative. It provides a structured approach to assess both the internal strengths of an organisation and the external context in which it operates, enabling informed strategic decision-making.

Strengths are internal positive attributes that give the organisation an advantage over competitors, such as brand reputation or proprietary technology, a highly skilled workforce, or cost efficiency. Weaknesses are internal limitations or deficiencies that place the organisation on the wrong side of competition like high levels of credit, limited geographical coverage, or outdated product line

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Q.2. Write a short note on the given topics: (i) Changing profile of the Indian economy (ii) Influence of culture on communication and decision-making. (5+5 = 10 Marks)

Ans 2.

(i) Changing Profile of the Indian Economy

The Indian economy has undergone a dramatic structural transformation over the past three decades, transitioning from a predominantly agrarian, government-controlled economy to a diversified, services-led, and increasingly market-oriented system. In the past prior to 1991, the Indian economy was

 

Q.3. (i) Describe the characteristics of a mixed economy. (ii) Explain the role of Foreign Direct Investment. (5+5 = 10 Marks)

Ans 3.

(i) Characteristics of a Mixed Economy

The mixed economy is a blend of free market capitalism and government-directed socialism. This allows the market to distribute most resources while reserving a regulatory as well as direct investment role to the state in certain sectors. India operates as a mixed economy, as do most developed nations.

Important characteristics are the coexistence between the public and private sectors, where private enterprises operate competitively throughout the entire spectrum of industry, while public-owned firms

 

Assignment Set – 2

Q.4. (i) Discuss the different laws impacting the business in India. (ii) “An ideal economy is based on three principles”. Elaborate the statement. (5+5 = 10 Marks)

Ans 4.

(i) Laws Impacting Business in India

The business environment in India is guided by a broad legal framework that includes operation, formation, labour relations, taxation as well as environmental compliance and commercial conduct. In the Companies Act, 2013, Companies Act, 2013 governs incorporation, management, governance and the dissolution of firms and imposes obligations on auditors, directors, and shareholders. The Goods and Services Tax law that consists of CGST, SGST, and IGST Acts governs indirect

Q.5. (i) Describe the crisis of June 1991. (ii) Discuss the benefits of privatization. (5+5 = 10 Marks)

Ans 5.

(i) The Crisis of June 1991

The balance of payments as well as the financial crisis of 1991 was the worst economy-related crisis in India’s independence past and served as the catalyst for the massive liberalisation reforms that transformed the Indian economy in the following three decades. In mid-91 Indian reserves for foreign exchange were down to just two weeks’ worth of cover for imports and left the country without enough to finance essential imports of the industrial and petroleum products and even food. In the meantime, the deficit of current accounts had expanded dramatically, the fiscal deficit had grown into

 

Q.6. (i) Explain the concept of globalization and its benefits. (ii) Write a short note on the structure of WTO. (5+5 = 10 Marks)

Ans 6.

(i) Globalisation and Its Benefits

Globalisation is the process that involves increasing economic, social, cultural, and political globalisation of nations driven by the steady reduction in barriers to trade, investment as well as information exchange between national borders. This is the result of the increasing interdependence of national economies through the growth of global trade, trans-border financial flows, immigration, technology diffusion, and exchanges of culture. The pace of globalization has been accelerating dramatically in the past decade due to the reduction of trade tariffs under GATT as well as th