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1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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or
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ASSIGNMENT
Course Code : MS - 03
Course Title : Economic and Social Environment
Assignment Code : MS-03/TMA/SEM-II/2014
Coverage : All Blocks
Note : Attempt all the questions and submit this assignment on or before 30th April , 2014 to the
coordinator of your study centre.
1. a) Explain how the politico-legal environment in a country affects business firms.
b)Analyze the interaction between political environment and business management citing
relevant examples.
Answer: The Political / Legal / Regulatory Environment can be simply described as the laws and
regulations that business has to follow in order to make sure the business owners do not get
arrested, or have the business fined for noncompliance of some regulation.
a) How the politico-legal environment in a country affects business firms:
In orderto understandhowthe political environmentimpactsyourbusiness,youmustanalyze how
politicallyvulnerable yourcompanyis.Unfortunately,thereare nouniversal guidelinestodoso,but
understandinghowmuchyourbusinessiseffected bythe politicalenvironmentcanidentifythreats
to yourfirm.It alsoimportantto note that high
b) Analyze the interaction between political environment and business management citing
relevant examples.
Answer: Technologyhasbecome aparamountfactor fororganizations.Collating,storing,analyzing
informationhasbecome technologybased.Changesinthe technological environmentisubiquitous
and continuous.A firmhasto decide onhow to embrace technologytoimprove operationsandat
the same time keepa watchat substitute
2. Briefly examine the growth, problems and prospects of Small Scale Industry (SSI) in the post
reform period.
Answer: The industrial policy Resolution of 1956, while emphasizing the role of cottage and small
scale industries, stated: They provide immediatelarge scale employment, they offer a method of

2. ensuring a moreequitable distribution of National Income, and they facilitate aneffective
mobilization of capital and skill, which might otherwiseremain unutilized.
3. How does the trade policy reforms help in enhancing the competitiveness of a nation in the
international market? Discuss.
Answer: National Competitivenessisatermthat can be definedonanumberof levels.Atitsmost
basiclevel,acountry’scompetitivenessrequiresagooduse of human andnatural resourcesfora
countryto achieve some goal.The goalsthat a countrychoosesare a reflectionof the philosophyof
the country,but theytypicallyhave twothingsincommon:productivityandefficiency.A country
can achieve abettercompetitive positionthroughits
4. “The long term goals of reducing poverty, achievement of full employment and growth with
social justice have remained unattended in the process of economic reforms”. Analyze the above
statement in detail with respect to the present context.
Answer:If one tracesthe changesinIndia'seconomicpoliciesoverthe lastfive decades,theybear
the imprintof changinggeopolitical dynamics.WhileIndia'spolicymakersoftencouchtheiragendas
inideological terms,inrealitythe economyhasbeensteeredbythe rulingelitetotheireconomic
advantage.Therefore,liberalizationandthepermissibleboundarieswithinwhichareformprocess
will operate canbe bestunderstoodif contextually
Dear students get fully solved assignments
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