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ASSIGNMENT
DRIVE SUMMER 2016
PROGRAM BBA
SEMESTER SEMESTER I
SUBJECT
CODE & NAME BBA
103-BUSINESS ENVIRONMENT
BOOK ID B1499
CREDITS 4
CREDITS
MARKS 60
MARKS
Note: Answer all
questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Ques1 State some ways by which culture determines
organizational behavior?
Ans The cultural
impact on management is reflected by several basic beliefs and behaviors. Let
us see certain cases where the culture of a society can directly affect
management approaches
Ques2 What are the risks involved in doing business
in India.
Ans India is the
largest democracy in the world and can boast of a pluralistic political
scenario. Unlike America which has only two dominant politicalparties, India
has a plethora of active political parties at the national as well as the
regional levels. These parties with ideologies ranging from the
Ques3 Which are the main financial institutions of
India? What role do they play in the economy?
Ans The Financial
Institutions in India are mainly comprised of the Central Bank which is better
known as the Reserve Bank of India, the commercial banks, the credit rating
agencies, the securities and exchange board of India, insurance companies and
the specialized financial institutions in
Ques4 What are the problems with privatization in
India?
Ans The
disinvestment programme was started in 1991-92 but the process so far has been
half-hearted. From April 1991 to Jan 2003, the aggregate of annual
disinvestment target was Rs 78, 300 crores, of which only 38 percent has been
achieved. Between August 1991 and March 2003, in all, 48
Ques5 Write a short notes on the following:
a. International Monetary Fund
b. World Bank.
Ans International Monetary Fund
The
International Monetary Fund (IMF) was organized in1945 and commenced its
operation in March, 1947. It was set up with the following objectives.
a) The
elimination or
Ques6 Write a short note on the European Union.
Ans European
Union
In
a treaty signed in Rome, on March 24 1957, six nations of Western Europe,
France, Germany, Italy, Belgium, Netherlands, and Luxemburg agreed to merge
their separate economies into one single economic unit by establishing a
„common market‟ area. This is popularly known
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