IGNOU| BUSINESS ENVIRONMENT (ECO - 13)| QUESTION PAPER – (DEC

IGNOU| BUSINESS ENVIRONMENT (ECO - 13)| QUESTION PAPER – (DEC - 2022)| (BDP)| ENGLISH MEDIUM

Note: (i) Attempt any five questions.

(ii) All questions carry equal marks.

1. Explain the meaning and significance of business environment. Describe briefly various non-economic factors of business environment. 4+6

2. (a) Discuss the views against social responsibilities of business. 5

(b) Describe the dimensions of social responsibility. 5

3. What do you mean by economic development? Discuss four main indicators of economic development. 2+8

4. Discuss the regulatory role of government in business with suitable examples. 10

5. Describe the causes of industrial sickness. Discuss government policies to deal with the problem of industrial sickness. 5+5

6. Identify the problems of small-scale sector. Discuss the measures to tackle with these problems. 5+5

7. (a) Distinguish between Foreign Direct Investment (FDI) and Portfolio Investment. 6

(b) Discuss the role of foreign capital. 4

8. Write short notes on any two of the following: 5+5

(a) Mixed economy

(b) Consumer protection

(d) World Trade Organization (WTO)

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