Lovely Professional University,Punjab

Format For Instruction Plan [for Courses with Lectures and Tutorials

Course No MGT511 MGT511

Cours Title BUSINESS ENVIRONMENT BUSINESS ENVIRONMENT

Course Planner 11026 :: Jagjit Singh 13944 :: Karampreet Kaur

Lectures Tutorial Practical Credits 3 0 1 0 0 0 4 0

Text Book:

1 Business Environment-Text and Cases, Cherunilam, Francis, Himalaya Publishing House, Twentieth Revised Edition, 2011

Other Specific Book:

2 Business Environment, Saleem Shaikh, Pearson Education, Second Edition 3 Business Environment, Fernando, A.C., Pearson Education, Copyright 2011

Other Reading Sr No Jouranls atricles as compulsary readings (specific articles, Complete reference) 4 "When you shouln't go global" by Marcus Alexander and Harry Kornie, HBR, December 2008 5 "Tommorow's global giant, Not the usual suspects" by Pankaj Ghemawat and Thomas Hour, HBR, November 2008 6 "How to bounce back from adversity" by Stoltz and Margolis, HBR, February 2010 7 "Are you ready to rebound" by Donald Sull, HBR, May 2010 8 "The sustainability imperative" by Lubin & Esty, HBR, May 2010 9 "Strategies for a changing world" by Blenko, Mankins & Rogers, HBR, June 2010 Relevant Websites Sr. No. (Web adress) (only if relevant to the courses) 10 http://www.rbi.org/advt/FIINRI.html 11 http://www.gatt.org 12 http://www.wto.org Salient Features Money Market Information Information on GATT Site of World Trade Organisation

Approved for Autumn Session 2011-12

13 http://www.imf.org/external/about.htm 14 www.planningcommission.nic.in 15 www.censusindia.net 16 www.finmin.nic.in 17 http://www.ficci.com/sectors/secors.htm

Videos on world finance issues Planning Commission Data Census Data related to India Ministry of Finance, India FICCI Sector watch

Detailed Plan For Lectures

Week Number Lecture Number Lecture Topic Chapters/Sections of Pedagogical tool Textbook/other Demonstration/case reference study/images/anmatio n ctc. planned

Part 1
Week 1 Lecture 1 Types of environment, Internal and External Environment, Macro & Micro Environment, Competitive Structure of Industries, Competitor Analysis, Environment Analysis and concept of strategic management. Business system/ process, Classification of business, industries, Characteristics and goals of business. Techniques for environmental analysis, Steps, Types of environmental forecasting and techniques for the same, importance and limitations of environmental forecasting. Economic environment including nature and structure of economy, economic policies and conditions; Political and government environment including functions of state, economic roles of government and those in India, government and legal environment, Constitutional environment ->Reference :1,Chapter 1 Case Study: Mahindra & Mahindra (Page 19 of 2)

Lecture 2

->Reference :1,Chapter 2 ->Reference :1,Chapter 3

Reference 9

Lecture 3

Reference 7

Week 2

Lecture 4

->Reference :1,Chapter 4 & 5

Case Study: ICT & Rural Poverty Alleviation (Page 284 of 2)

Lecture 5

Natural and Technological environment including ->Reference innovation, technological leadership and :1,Chapter 6 followership, Competitive Advantage, Technological Dynamics, Time lags, Concept of appropriate technology and technology adaptation, impact of technology on globalisation, IT and marketing, transfer of technology

Reference 6

Approved for Autumn Session 2011-12

Week 2

Lecture 6

Demographic Environment viz. population size, ->Reference trends in birth rate and age structures, migration and :1,Chapter 7 ethnic aspect Societal Environment: Business and Society, objectives and importance of business, professionalisation, business ethics, business and culture, religion, language, culture and OB, other social/ cultural factors, technological development and social change. Social Responsibility of business: Classical and contemporary views, social orientation and factors affecting the same, responsibility of different sections, Indian situation, pros and cons of social involvement, concept of social audit. ->Reference :1,Chapter 8

Reference 4

Week 3

Lecture 7

Lecture 8

->Reference :1,Chapter 9

Lecture 9

Consumer rights, exploitation of consumers, ->Reference consumerism, Consumer Protection, UN Guidelines :1,Chapter 10 & 11 for consumer protection and scenario on India, Consumer Protection Act; Corporate GovernanceBasics, Importance, Regulatory and Voluntary Actions Brief of industrial policy up to 1991, New Industrial Policy, Industries (Development & Regulation) Act (IDRA), Industrial Licensing, New Policy ->Reference :1,Chapter 12 & 13

Case Study: Reliance Industries Limited (Page 516 of 2)

Week 4

Lecture 10

Remains of a dream (Page 743 of 1)

Part 2
Week 4 Lecture 11 Public Sector-Growth and Performance, New Policy, ->Reference Basics of Organisation, Government and :1,Chapter 14 Parliamentary Control, Pricing Policy, Nationalisation; Private Sector, Joint Sector, Concept of National Sector, Cooperative Sector Expansion of public sector and defects, privatisation-ways, obstacles, conditions for success, benefits, pros and cons; Rangarajan Committee on disinvestment, privatisation in India. VSI Sector-Basics, SMEs in other countries, Importance, Institutional Support, State Policies, Khadi and Village Industries, Ancillary Industries, Drawbacks and problems ->Reference :1,Chapter 15

Lecture 12

Week 5

Lecture 13

->Reference :1,Chapter 16

Lecture 14

Price & Distribution Controls: Objectives, Price ->Reference Policy, Price Controls-Direct, Indirect, Administered, :1,Chapter 18 Dual Pricing, Subsidisations, Essential Commodities Act, Other related laws, PDS

Approved for Autumn Session 2011-12

Week 5

Lecture 15

Patents and Trademarks: Basics, Trademark Act 1999, Issues related to false representation, registration of trademarks. Competition Policy and Law: Basics, Nature and Scope, Government policies and distortions to competition, interface of FDI and competition law; pre-requisites, outline, Introduction to Competition Act 2002 and MRTP Act Monetary and Fiscal Policies: Basics, Measures of money stock, money supply, instruments of monetary policy and fiscal policy, Union budget, State budgets, finances of Union & State, Finance Commission

->Reference :1,Chapter 20 ->Reference :1,Chapter 21

Week 6

Lecture 16

Lecture 17

->Reference :1,Chapter 22

Reference 5

Lecture 18

Financial Market Structure: Credit Market, Foreign ->Reference Exchange Market, Debt Market, Derivatives Market, :1,Chapter 23 Bancassurnce Money and Capital Markets:Meaning, Constituents, ->Reference and, Functions of Money Markets and Capital :1,Chapter 24 Markets in India and their roles. Stock exchange and its regulation: Meaning, ->Reference Importance, Functions, Dealings (including :1,Chapter 25 speculation), organisation of Stock exchanges in India, NSE, OTCEI, SHCIL, Regulation and relevant legislations. Industrial Finance & Financing Institutions: Short->Reference term, Medium-term, Long-term finance, ownership :1,Chapter 26 & 27 and creditorship securities, marketing and underwriting of new issues, internal financing, public deposits, commercial banks, Type of financial institutions and types of assistance, Role of IFCI, ICICI, SIFC, SIDB etc.

Week 7

Lecture 19

Lecture 20

Lecture 21

MID-TERM Part 3
Week 8 Lecture 22 Labour Legislation: Principles of Labour Legislation ->Reference and application in India viz. relating to weaker :1,Chapter 28 sections, specific industries, specific matters and those related to trade unions and industrial relations. Labour Welfare & Social Security: Welfare and ->Reference amenities within and outside the establishment, :1,Chapter 29 social security, legislative enactments, over view of workmen's compensation, maternity benefits, ESIC, Provident Fund, Layoff and retrenchment compensation, family pension and gratuity. Case: Iceland and India (page 354 of 2)

Lecture 23

Approved for Autumn Session 2011-12

Week 8 Week 9

Lecture 24 Lecture 25 Lecture 26

Industrial Relations: Industrial Disputes-Causes, Preventive steps, Tripartite Machinery, Remedies Trade Unions: Functions, Social Responsibilities, Trade Union Movement in India. Workers' Participation in Management: Meaning, Objectives, Problems and Limitations, Forms of participation, Various schemes applicable in India.

->Reference :1,Chapter 30 ->Reference :1,Chapter 31 ->Reference :1,Chapter 32

Lecture 27 Week 10 Lecture 28

Exit Policy: Need, Extend of overmanning, VRS and ->Reference golden handshake, NRF :1,Chapter 33 Planning in India: Planning Commission, NDC, State ->Reference Plans, Formulation of plan, Eleventh Plan, :1,Chapter 35 Performance Case Study on Planning (Page 74 of 1)

Part 4
Week 10 Lecture 29 Industrial Development Strategy: Salient Features, Capital vs. Consumer goods, Role of Public and Private Sector, Village and Small Industry, Cost Dynamics, Import Substitution and Export Contribution, Capacity Utilisation, Regional Disparities, ->Reference :1,Chapter 36

Lecture 30

GATT/ WTO and Global Liberalisation:Objectives, ->Reference GATT, Uruguay Round (UR), GATT and WTO, :1,Chapter 38 Functions of WTO, Salient feature of UR agreement, UR agreement and developing countries (especially India), Implementation Issues International Investments: Significance of Foreign Investment, Trade vs. Investment, Types and Factors, Growth of Foreign Investment, Dispersion of FDI, Portfolio Investments, Crossborder M&A, Foreign Investment in India and by Indian Companies. Multinational Corporations: Definition, Meaning, Models, Roles, Merits, Demerits and Perspectives, Code of Conduct, MNCs in India Globalisation: Globalisation of world economy and business, Meaning, Dimensions, Features,Stages, Essential conditions, Market entry strategies, Pros and cons, Policy options, globalisation of Indian business ->Reference :1,Chapter 39

Week 11

Lecture 31

Lecture 32

->Reference :1,Chapter 40 ->Reference :1,Chapter 41 Case Study on excise duty on PCs (Page 564 of 2)

Lecture 33

Approved for Autumn Session 2011-12

Week 12

Lecture 34

Development and Regulation of Foreign Trade: ->Reference Regulation of foreign trade, Relevant Acts, Foreign :1,Chapter 42 Trade Policy, Export promotion, Organisation setup, Production & Marketing assistance, EPZ, EOU, TP, SEZ, Export Houses and Trading Houses Foreign Exchange Management Act: Objectives, ->Reference Holding foreign exchange, Current & Capital :1,Chapter 43 Account transactions, export of goods and services, realisation and repatriation of forex, contravention and penalties, administration of the Act, Comparison of FERA & FEMA Current Developments - Relevant Issues at that point of time.

Lecture 35

Lecture 36

Spill Over
Week 13 Lecture 37 Lecture 38 Lecture 39 Week 14 Lecture 40 Introduction to Company Law Quality Circles Planning & Development of Agriculture Perspectives on International Trade ->Reference :1,Chapter 19 ->Reference :1,Chapter 34 ->Reference :1,Chapter 37

Details of homework and case studies

Homework No. Objective Topic of the Homework Nature of homework (group/individuals/field work Group Evaluation Mode Allottment / submission Week 2/8

Homework 1

Learn application of concepts studied.

Case Study

Written Report-3 Individual Presentation-4 Question Handling-3 Relevance-4 Presentation-4 References-2 On performance in the test

Homework 2

Assimilate the learned models.

Student to work on analysing the environment of the allocated Organisation and submit a written report regarding the same.

Individual

3/6

Homework 3

To test Quiz to be conducted on the entire syllabus. understanding of the subject matter.

Individual

11 / 11

Approved for Autumn Session 2011-12

Scheme for CA:out of 100*

Component Homework Frequency 2 Total :Out Of 3 Each Marks Total Marks 10 10 20 20

* In ENG courses wherever the total exceeds 100, consider x best out of y components of CA, as explained in teacher's guide available on the UMS

Plan for Tutorial: (Please do not use these time slots for syllabus coverage)
Tutorial No. Lecture Topic Type of pedagogical tool(s) planned (case analysis,problem solving test,role play,business game etc)

Tutorial 1 Tutorial 2 Tutorial 3 Tutorial 4 Tutorial 5 Tutorial 6 Tutorial 7

Making groups and allocation of cases. Case Discussion moderated by Faculty Evaluative Case Study Presentation by Student Groups. Evaluative Case Study Presentation by Student Groups. Evaluative Case Study Presentation by Student Groups. Evaluative Case Study Presentation by Student Groups. Evaluative Case Study Presentation by Student Groups.

Housekeeping Case analysis Case analysis Case analysis Case analysis Case analysis Case analysis

After Mid-Term
Tutorial 8 Tutorial 9 Tutorial 10 Tutorial 11 Tutorial 12 Group Discussion. Case Study Simulation on National Economy Evaluative Test Revision & Doubt Clearing Case analysis Business game Test, Problem solving

Approved for Autumn Session 2011-12