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JAIPUR NATIONAL UNIVERSITY, JAIPUR

School of Distance Education & Learning

Internal Assignment No. 1

Master of Business Administration

Paper Code:              MBA – 206

Paper Title:               Business Environment

Last date of submission:                                                                                                            Max. Marks: 30

Note: Question No. 1 is of short answer type and is compulsory for all the students.

It carries ONE mark.

Q. 1. Answer all the questions:

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

Answer : Organizational structure: If the organizational structure of the business or company is efficient and stable

(ii) What is multi national enterprise?

Answer : A multinational enterprise is an organization that owns or controls production or services facilities in

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

Answer : Arrangements

(iv) Define privatization.

Answer : Privatization is the process

(v) What do you understand by fiscal policy?

Answer : Fiscal policy is the use of government

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

  1. Answer : Customer segments

(vii) What do you understand by globalization?

Answer : Globalization is a process of interaction

(viii) What is monetary policy?

Answer : Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest for the purpose of promoting economic growth and stability. The official goals usually

(ix) What is Disinvestment?

Answer : Disinvestment refers to the use of a concerted economic boycott to pressure a government, industry, or company

(x) What is International Trade?

Answer : International trade is the exchange of capital, goods, and services across international borders or

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

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

Answer : What is Technology?

When you think of the word ‘technology’, what comes to mind? It might sound like something from a sci-fi show, or something that has to run on electricity. Technology makes us think of the very complex, but energy doesn’t have to be complex.

Technology is the use of

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

Answer : Monetary policy is the policy adopted by the monetary authority of a country that controls either the interest rate payable on 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.

Unlike fiscal policy which relies on the

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

trade announced in India in recent times.

Q. 5. Explain various challenges to disinvestment programme.

Answer :  While over the years many countries have implemented successfully the strategy of disinvestment and privatisation of public sector units (PSUs), this tool of public policy still continues to remain elusive and contentious in India. Unfortunately, in India the process of disinvestment has remained stalled for the past over

Q. 6. Explain Fiscal policy & its effect on business

Answer : Fiscal policy involves the decisions that a government makes regarding the collection of revenue, through taxation and about spending that revenue. It is often contrasted with monetary policy, in which a central bank (like the Federal Reserve in the United States) sets interest rates and determines the level of the money supply.

The effects of any fiscal policy are

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