JAIPUR NATIONAL UNIVERSITY, JAIPUR

School of Distance Education & Learning

Internal Assignment No. 1

Master of Business Administration / DM

Paper Code: MBA– 101

Paper Title: Business Environment

Last date of submission: Max. Marks: 15

Note : Question No. 1 is of short answer type and is compulsory for all the students.
It carries 5 Marks. (Word limits 50-100)

Q. 1. Answer all the questions:

(i) Name two elements of internal environment affecting business.

(ii) What is multi national enterprise?

(iii) Give two suggestions to the problems of small scale industries.

(iv) Define privatization.

(v) What do you understand by fiscal policy?

Note: Answer any two questions. Each question carries 5 marks (Word limits 500)

Q. 2. What is technology? Explain the impact of technology on business

Q. 3. Explain Monetary policy & its effect on business

Q. 4. What is International Trade? Explain various Trade Reforms related to foreign

trade announced in India in recent times.
 JAIPUR NATIONAL UNIVERSITY, JAIPUR
School of Distance Education & Learning
Internal Assignment No. 2

Master of Business Administration / DM

Paper Code: MBA – 101

Paper Title: Business Environment

Last date of submission: Max. Marks: 15

Note : Question No. 1 is of short answer type and is compulsory for all the students.
It carries 5 Marks. (Word limits 50-100)

Q. 1. Answer all the questions:

(i) Name two elements of external environment affecting business.

ANS- Among them some most outstanding and important factors need to listed are
current economic situation, laws, surrounding infrastructure, and customer demands.

Economic situation

Economy is one of the most determining factors to the success of the company
even though it is an external element. Within the economy, some contributing
factors such as the fluctuation of interest rate, economic crisis, and so on directly
and strongly affects the consumption of buyers, and consequently, the profits of
businesses.

Laws

The rules and regulations from local government play an integral role in the
development of the company. There are some countries which their laws
prevents the development of some certain industries. That can be a threat to the
company. On the other hand, some industries receive positive and continuous
support from local government via their rules and regulations. Besides, if the
laws allow organization outside the countries invest in local industries, they will
indirectly create an enormous source of financial support for local business.

(ii) What do you understand by globalization?

ANS- Globalization or globalisation is the process of interaction and integration among
people, companies, and governments worldwide. As a complex and multifaceted
phenomenon, globalization is considered by some as a form of capitalist expansion which
entails the integration of local and national economies into a global, unregulated market
economy.[1]Globalization has grown due to advances
in transportation and communication technology. With the increased global interactions
comes the growth of international trade, ideas, and culture. Globalization is primarily an
economic process of interaction and integration that's associated with social and cultural
aspects. However, conflicts and diplomacy are also large parts of the history of globalization,
and modern globalization.

(iii) What is monetary policy?

ANS- Monetary policy is the process by which the monetary authority of a country, typically
the central bank or currency board, controls either the cost of very short-term borrowing or
the money supply, often targeting inflation or the interest rate to ensure price stability and
general trust in the currency.[

urther goals of a monetary policy are usually to contribute to the stability of gross domestic
product, to achieve and maintain low unemployment, and to maintain predictable exchange
rates with other currencies.

(iv) What is Disinvestment?

ANS- Disinvestment refers to the use of a concerted economic boycott to pressure a

government, industry, or company towards a change in policy, or in the case of governments,
even regime change. The term was first used in the 1980s, most commonly in the United
States, to refer to the use of a concerted economic boycott designed to pressure the
government of South Africa into abolishing its policy of apartheid. The term has also been
applied to actions targeting Iran, Sudan, Northern Ireland, Myanmar, and Israel.

(v) What is International Trade?

ANS- International trade is the exchange of capital, goods,

and services across international borders or territories.[1]
In most countries, such trade represents a significant share of gross domestic
product (GDP). While international trade has existed throughout history (for
example Uttarapatha, Silk Road, Amber Road, scramble for Africa, Atlantic slave trade, salt
roads), its economic, social, and political importance has been on the rise in recent
centuries.
Carrying out trade at an international level is a complex process when compared to domestic
trade. When trade takes place between two or more nations factors like currency,
government policies, economy, judicial system, laws, and markets influence trade.

Note: Answer any two questions. Each question carries 5 marks (Word limits 500)

Q. 2. Explain various challenges to disinvestment programme.

Q. 3. Explain Fiscal policy & its effect on business

Q. 4. What is Foreign Direct Investment? Explain its importance. Explain government

policies regarding FDI.