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Title      : MCO - 12 Business Policy and Environment
Subject      : Business Policy and Environment
copyright © 2018   : Karnataka State Open University
Author      : KSOU
Publisher      : Karnataka State Open University
Chapters/Pages      : 31/315
Total Price      : Rs.      : 234
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Business and Economics System Total views (283)  
Business firms have to operate in an economic system of the nation they should politically involve with Government and participate in the mode evolved by the Government in the formulation and execution of economic policy at various levels of the Government. This block provides you the understanding of various economic system.
Pages: 6
Price: Rs 0   
Business in a Social System Total views (286)  
The study of Business Environment in the context of Government Policy and studying business in any nation in connection with social system (of a nation) and economic philosophy accepted in a nation is an integrative study. The basic aim of this study is to stimulate general management capability in higher level studies so that a holistic outlook of industrial and business activities can be develop ......
Pages: 11
Price: Rs 8.25   
Objectives of Business Total views (281)  
The word objectives denote desired out-comes for entire business entity or for a specific business unit. Business objectives are written in terms of out comes (rather than action), clear as to a time frame, challenging but attainable and communicated to entire organisation or at firm level to all members, Above all objectives of business are measurable or quantifiable often called as goals.
Pages: 3
Price: Rs 2.25   
Business Internal and External Environment Total views (282)  
A student of business studies should note one point that economic and business activities are dynamic outlook. To understand the dynamic nature a background of business corporate managers should have dynamic nature of business and its environment become vital. Already you are aware the nexus that exist between business with economic social and political system.
Pages: 15
Price: Rs 11.25   
Elements of Business Ethics Total views (284)  
Ethics is everybody's business, from top management to employees at all levels. One of business's most important social challenges is to conduct its affairs ethically while simultaneously achieving high levels of economic performance. Recently, there has been an increasing interest in the filed of business ethics.
Pages: 13
Price: Rs 9.75   
Doctrine of Trusteeship Total views (282)  
The ownership of property is one of the most controversial topics in economics. In helitance seems to be in conflict with equality of opportunity; the ownership of natural resources can be seen as the appropriation to private use of the common heritage of all human kind, or of all sentient beings; the owner ship of productive capital, beyond tools for the owner's own use, conveys power to control ......
Pages: 11
Price: Rs 8.25   
Unethical Practices Total views (287)  
Business ethics is related with the truth and justice; and it has various components like expectations of society, healthy competition, advertising, public relations social responsibility, consumer freedom and good behaviour. People expects that all the business activities and decisions must be aimed at ethical grounds.
Pages: 7
Price: Rs 5.25   
Good Ethics and Business Total views (286)  
Business ethics means the behaviour of a businessmen while conducting a business by observing morality in his business activities. The behaviour of a businessmen has more impact within the business organisation than outside.
Pages: 9
Price: Rs 6.75   
Doctrine of Social Responsibility Total views (287)  
The idea of transferring the benefits of the business back to the society through philanthropic way is known as Doctrine of social responsibility. In India Tatas have adopted this principle by establishing institutions like science, medicine, atomic energy and performing arts.
Pages: 6
Price: Rs 4.5   
Rationale of Social Responsibility Total views (286)  
The events like Bhopal gas tragedy, gas leaks in Mumbai, consumer advocacy of Ralph Nadar, the tremendous influence of Radio and T.Y. coverage has brought the concept of social responsibility in to sharp focus and attention. Originally business had a specific purpose and that is, the need to optimise its profits.
Pages: 8
Price: Rs 6   
Control of Monopoly Restrictive and U.T.P Total views (286)  
As we have discussed the concept of social responsibility in the previous unit, we shall discuss the legislation to control unfair trade practices ie MRTP Act - 1969 in this unit.
Pages: 14
Price: Rs 10.5   
Importance and Essentials of Business Policy Total views (284)  
Though Harvard Business School introduced a course on Business policy, it was Corden- Howell Committee (Columbia University 1959) that wanted a new chapter on Business policy. This committees suggested a course comprising Human Resources, production, operations, Finance organisation behaviour and operations research that would confront a business film.
Pages: 8
Price: Rs 6   
Anatomy of Corporate Planning Total views (283)  
In this unit, we have discussed the various factors that determine the capability of the corporation. This unit dwells on general management - planning-forecasting, formulating objectives, policies and goals, organizing- Job design, span ofcontrol and coordination, Directing-leadership motivation, organizational change, staffing- Job Analysis training, performance appraisal, etc.
Pages: 6
Price: Rs 4.5   
Strategic Management Total views (285)  
As we have understand various aspects of Anatomy of corporate planning. In this unit let us discuss about various aspects of strategic management.
Pages: 5
Price: Rs 3.75   
Organisational Goals and Objectives Total views (284)  
The terms, 'objectives' and 'goals' are differentiated based on generality and specificity of what an organisation seeks to achieve. Objective of an organisation is to improve its profitability whereas one of the goals of the organisation is to increase earning per share by some percentage.
Pages: 4
Price: Rs 3   
Corporate Polices Total views (284)  
Corporate policies indicate about product lines , customers. sales promotion, procurement, Human resources areas, finance and Research and development. These policies tell the degree of emphasis that these areas get to project the company's strategy.
Pages: 12
Price: Rs 9   
Strategy Formulation and Evaluation Total views (269)  
It is being increasingly clear that strategies that a company using in influenced by its position in a development sequence and that the appropriate managerial and organisational styles, the styles best suited to the current environment also varies according to the stage of development.
Pages: 12
Price: Rs 9   
Formation and Implementation of Business Units Total views (270)  
As we have understood .various aspects relating to strategy formulation and evaluation in the previous unit. We shall discuss various aspects relating to formulation and implementation of business units in this unit.
Pages: 15
Price: Rs 11.25   
Control and Evaluation of Strategy Total views (274)  
As we have discussed various aspects of strategy formulation and evaluation in the previous unit now we shall discuss about vicious aspects relating to evaluation and control. It is very much essential to compare the actual performance with the standard set and take corrective actions when the actual performance is less than the standard set.
Pages: 18
Price: Rs 13.5   
Game Situations, Strengths and Weaknesses Total views (270)  
As we have understood various aspects relating to control and evaluation of strategy. Now let us discuss various aspects relating to Game situation strengths and weaknesses.
Pages: 8
Price: Rs 6   
Stability (Vs) Flexibility Total views (258)  
Stability strategy does not mean the firms business will stand still. Sometimes this strategy will be adopted only to continue to satisfy the existing customers in the same manner in the ensuing years. On the other flexibility strategy is being adopted to suit the organisation depending on its swot analysis. If this flexibility is not there and the structure is not changed according to changing st ......
Pages: 8
Price: Rs 6   
Consistencies in Decision Making Total views (253)  
Many times the managements have to take decisions keeping in min d the workers attitude towards work. A living organisation is a combination of policies, procedures, values, habits,aspirations of people,communications, interpersonal relations and so on.Therefore, any policy should have a consistency with above set standards.
Pages: 5
Price: Rs 3.75   
Deviations in Policy in the Context of Constraints and Uncertainites Total views (256)  
Deviations will come to know only when some one commits a mistake.To avoid deviations managers must be alert to unexpected situations.Deviations do take place when managements find it difficult to implement certain policies.For strategic reasons in the context of constraints and uncertainties various theories were developed by taking the experience and thinking of the past.
Pages: 7
Price: Rs 5.25   
Business Policy and Macro Considerations Total views (255)  
In this unit we discuss only macro factors which are generally uncontrollable. Companies require to assess the opportunities and threats keeping in mind the external environment. The external environment consists of Micro and Macro factors. In this unit we will discuss rationale of government regulations, economic factor s, technological environment, and social factors.
Pages: 10
Price: Rs 7.5   
Preservation and Ecological Balance and Emotional Integration Total views (262)  
The most important single influence on organizational policy and strategy is the environment outside and inside the organisational. The more complex and change is the environment, the greater will be the impact on human beings and on organisational structures and processes. Today irrespective of the size of organisations, for their survival they must pay more attention to the environment when for ......
Pages: 8
Price: Rs 6   
Cultural, Social and Political Environment in India Total views (264)  
Business entities are like living Organisms.They are born, live and grow and die . Some grow well and some live for longer time, like human beings, they have their infancy, adulthood, and full maturity. Man's life is shaped by heredity and environment. In the same way, the structure and characteristics of business are determined by various environmental factors.
Pages: 12
Price: Rs 9   
Economic Environment Total views (256)  
Now let us tum our concentration on study of the economic environment. We know that a business enterprise is essentially an economic Institution. It conducts its activities in the market system with the objective of profit maximization. The behavior of an enterprise is economic in nature.
Pages: 12
Price: Rs 9   
Broad Features (Indian Constitution) Legal Framework Total views (269)  
In an economy, all the sectors of business will be functioning within the framework of the rules and regulations of the country. All types of business owe their existence through the privileges generated under the constitution of the country. The day to day working and the style of functioning of business in a country depends upon the economic policy of the government and the rules and regulation ......
Pages: 9
Price: Rs 6.75   
Government and Business Relationship Total views (257)  
Almost all countries of the world have realized the need of good relationship between government and business in creating a favourable business environment. This idea has become deep rooted since the great depression of the world during thirties of the last century.
Pages: 9
Price: Rs 6.75   
Industrial Policy Since Independence and After 1991 Total views (258)  
Government role in promoting a sustainable environment for business is tremendous, as we have observed in the previous unit. This unit purports to examine industrial Policy Resolution (IPR) in relation with business environment in India, in accordance with the economic policy from time to time.
Pages: 19
Price: Rs 14.25   
Policy of Liberalisation and its Effects Total views (257)  
The world economies are changing rapidly and most countries of the world, including developing countries and the countries of Eastem Europe, are gearing up to the challenge of completing in an increasingly integrated, highly global market place.
Pages: 25
Price: Rs 18.75   

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