Business Environment

In the present era, the Indian economy is taking place as a global economy and there are so many challenges in a worldwide perspective. The success of any economy totally depends upon the business environment can also be classified as the economic environment and non-economic environment. The economic environment consists of factors such as monetary policy, fiscal policy, industrial policy, the price and income equations, economic system, economic development, etc. The non-economic environment includes social, cultural, political, legal, technological factors, etc.

A study of the economic environment is essential to facilitate an understanding of the turbulent and dynamic environment which helps in effective decision-making by business managers. The economic environment of India has become international with progressive liberalization, privatization, and globalization. Indian economy is moving to tune into the requirements of the global market.

The present book covers all the respective topics related to the economic environment in detail and meets the need of B.Com., B.B.A., M.Com., M.B.A., and other professional courses. The present book consists of 30 chapters dealing in-depth about the Indian economic environment in easy and self-explanatory language with relevant diagrams and tables.

Business Environment Book Contents

1. Business Environment
2. Economic Trends
3. National Income
4. Saving and Investment
5. Trade
6. Balance of Payment
7. Money and Finance
8. Unemployment
9. Poverty
10. Regional Imbalances
11. Social Injustice
12. Inflation
13. Parallel Economy
14. Industrial Sickness
15. Monetary Policy
16. Fiscal Policy
17. Industrial Policy and Industrial Licensing
18. Privatisation, Liberalisation and Globalisation
19. Devaluation
20. Demonetisation
21. Export-Import Policy
22. Economic Planning in India (Need, Objectives, Strategy and Previous Plans)
23. Planning Commission and NITI Aayog
24. The Foreign Exchange Management Act, 2000 (FEMA)
25. International Environment (Trends in World Trade and the Problems of Developing Countries)
26. Foreign Trade and Economic Growth
27. International Economic Groupings
28. GATT, WTO, UNCTAD, World Bank, and IMF
29. Foreign Direct Investment (FDI)
30. Environmental Analysis or Scanning
31. Economic System (Capitalism, Socialism and Mixed Economy)
32. Public and Private Sectors in India.
33. Industrial Development in India
34. International Trade Agreements (GSP, GSTP, and Counter Trade)
35. Corporate Social Responsibility