Lesson Plan: Business Environment

MBA Semester I (Batch: 2020-22)

Instructor: Bhargav Pandya, PhD

Office: M. S. Patel Institute, Faculty of Management Studies, Opp. The M S University Head
Office, Fatehgunj, Vadodara-390002

Email: bhargav.pandya-mgmt@msubaroda.ac.in

Course outcomes:
1. To understand different components of business environment and tools of environmental
analysis
2. To get basic understanding of Competition Act, Consumer Protection Act, and Foreign
Exchange Management Act
3. To understand the components of economic environment of business
4. To understand the implications of monetary policy, fiscal policy and economic policies
for economic growth
5. To analyze trends in industrialization and disinvestment
6. To analyze the impact of economic reforms on the growth of Indian economy

Syllabus
Unit Topic/Unit
No.
1 Business environment: Meaning, macro and micro environment, Environmental
scanning, SWOT and PESTEL analysis, five force model of industry analysis,
Economic roles of the government
2 Competition Act, 2002, Consumer Protection Act, Foreign Exchange Management Act
3 Nature of Economic Environment, NITI Aayog, Make in India, Nature of Indian
Economy, recent trends in Indian economy
4 Monetary policy, Fiscal policy, New Economic Policy
5 Industrial policy and recent trends in industrialization, public sector reforms and
performance, privatization of public sector enterprises, disinvestment programme in
India
6 Economic reforms in India, structural reforms, Appraisal of economic reforms, balance
of payment trends, globalization and its impact on Indian economy
Reference Books:
1. K. Aswathappa (2016). Essentials of Business Environment, Mumbai: Himalaya
Publishing House
2. Puri, V & Mishra, S. (2015). Indian Economy, Mumbai, Himalaya Publishing House
3. RBI Financial Stability reports,
4. Cherunilam, F. (2016). Business Environment, Mumbai, Himalaya Publishing House

Assessment Criteria:
Continuous evaluation 30%
Mid semester Examination: 30%
End Semester Examination: 40%
Total 100%
Note on Continuous Evaluation:
Quizzes: 60%
Attendance + Class participation: 40%
Session Plan
Sr. Unit Topic Suggested Reading:
No.
1 I Business environment: Introduction Business Environment: Cherunilam
2 Environmental scanning
3 SWOT and PESTEL analysis
4 Five force model of industry analysis
5 Economic roles of the government
6 II Competition Act, 2002 Essentials of Business Environment
7 Consumer Protection Act, :Aswathappa
8 Foreign Exchange Management Act
9 III Economic Environment Indian Economy : Puri & Mishra
10 NITI Aayog, Make in India
11 Recent trends in Indian economy
12 IV Monetary Policy 1.Essentials of Business Environment:
Aswathappa
13 Fiscal Policy 2. Indian Economy: Puri & Mishra
14 New Economic Policy
15 V Industrial Policy 1.Essentials of Business Environment:
16 Public Sector Reforms Aswathappa
17 Privatisation and Disinvestment 2. Indian Economy: Puri & Mishra
18 VI Economic reforms in India Indian Economy : Puri & Mishra
19 Globalization and its impact on
Indian economy