MS-3 – Dec-2009

MS-3 : ECONOMIC AND SOCIAL ENVIRONMENT

1. (a) Explain the critical elements of social environment of business.

   (b) Discuss the business implications of social developments, industrialisation process and management culture.

2. (a) What are the factors responsible for industrial sickness ? Discuss with reference to both SSI and non SSI sectors.

   b) How can the problem of industrial sickness be tackled ? Discuss with reference to both SSI and non SSI sectors.

3. Critically examine the Industrial Licensing policy. Discuss its relevance in the current scenario.

4. Briefly discuss the foreign investment policy in India in the post reform period i.e. 1991 onwards. What impact did liberalisation have on the quantum of FDI inflows into India ?

5. Write short notes on any four of the following :

a)   Globalisation

b)   Inflation

(c) Social responsibility of business

d) Public sector

e) Debt servicing burden