BUSINESS ENVIRONMENT AND ETHICS
SYLLABUS
UNIT I
Business environment - The concept and significance - constituents of business environment - Business and society , Business & ethics - Social responsibility - Environmental pollution and control. Business and culture- Business and Government - Political system and its influence on business - Indian constitution - Directive Principles of State Policy.
UNIT II
Managing Ethics- meaning and types - framework of organizational theories and sources - ethics across culture - factors influencing business ethics - ethical decision making - ethical values and stakeholders - ethics and profit. Corporate
Governance - structure of Boards- reforms in Boards - compensation issues - ethical leadership.
UNIT III
Globalisation of the economy - trends and issues, Politics and environment, MNCs and Government relationships- Introduction to GATT and WTO.
UNIT IV
Fiscal policy - central finances and new fiscal policy - Direct and indirect Tax structure, VAT, MODVAT - Service Tax problems and reforms -Expenditure Tax -
Public debts &deficit financing.
UNIT V
Legal environment of business - Monopolies - Company Law, Competition Act 2002. Foreign Exchange Management Act- Securities and exchange board of India Act - Customs and Central Excise Act - Central and State sales Tax - Consumer protection Act Patents Act.