SVKM’S NMIMS Narsee Monjee Institute of Management Studies

Name of School – Kirit P. Mehta School of Law

Program: B.B.A., LL.B. (Hons.) 8102 Semester : IV

Module: Business Environment IV Module Code:
Teaching Scheme Evaluation Scheme
Lecture Practical Tutorial Internal Continuous Term End
(Hours (Hours (Hours Credit Assessment (ICA) Examinations (TEE)
per per per week) (Marks - 50) (Marks- 50
week) week) in Question Paper)
2 0 0 2 Marks Scaled to 50 Marks Scaled to 50
Pre-requisite: N.A.
Course Objectives:
1. To acquaint the students with the basics of Business Regulatory Environment.
2. To help them understand the need for environment scanning in a competitive business
environment, the regulators and licenses required by multiple sectors, the issues and
timelines to be adhered to, compliances and penalties business may attract on account of
non-compliance.
3. Evaluate the existing systems, requirements and procedural frameworks of business
regulatory environments across sectors.
4. In order to migrate from teaching to learning and get a fair understanding of the regulatory
issues, pace of regulatory change, the students will be able to assess the impact of taxation,
relevant laws and regulatory bodies.
Course Learning Outcomes:
● To demonstrate ability to interpret legal provisions and its implication in Business
Environment (PLO1a).
● To undertake research and study case studies using various management
tools and techniques for finding solutions and encourage publications (PLO2b).
● To develop strategies after analyzing the role of regulatory frameworks, licenses
required for businesses in order to foster entrepreneurial zeal and better
understanding of business functions . (PLO3b).
● To Identify and implement ethical approaches in Business (PLO4a)
● To Identify the concerns and consequences of unethical business practices (PLO4b)
Detailed Syllabus: (As per session plan )
Unit Description (Business Regulatory Environment) Duration
1. Introduction to Business Regulatory Environments & Environment 3 Hrs
Scanning and Impact on Business Regulatory Environments:
Topic Details:
I. Definition and Introduction to Business Environment.
II. Features of Business Environment.
III. Scanning Internal and External Environment.
IV. Need and Importance to closely monitor changes in Business
Environment, Components of Business Environment.
Basic reading:
https://www.sciencedirect.com/science/article/abs/pii/S095965261933972
1
https://www.shrm.org/resourcesandtools/tools-and-samples/hr-
qa/pages/basics-of-environmental-scanning.aspx
https://onlinelibrary.wiley.com/doi/full/10.1002/pa.2372
 SVKM’S NMIMS Narsee Monjee Institute of Management Studies
Name of School – Kirit P. Mehta School of Law

2. I. Elements of Micro and Macro Environment 2 Hrs

II. The link between regulatory changes on business and economic
outcomes.
III. Need to assess entry barriers and start up procedures to facilitate
start up culture, Link between the rate of new business formation and per
capita income growth.
Basic Reading:
https://www.sciencedirect.com/science/article/abs/pii/S095965261933972
1V
https://www.researchgate.net/publication/338169516_Environmental_Fact
ors_affecting_a_Business
3. Finance: 3 Hrs
I- Regulator: Reserve Bank of India
The Securities and Exchange Board of India (SEBI)
II- Licenses: Listing agreement entered into with SEBI
Basic Reading:
https://indiankanoon.org/search/?formInput=cases%20on%20sebi
https://www.iosrjournals.org/iosr-jbm/papers/Vol16-issue9/Version-
4/E016943040.pdf
https://www.bseindia.com/Static/about/Listing_Agreement.aspx
4. Finance: 2 Hrs
I- Compliances and Penalties:
II-Introduction to websites, form filling and other norms
Basic Reading: https://www.livemint.com/brand-stories/the-future-of-
compliance-in-2022-and-beyond-11649164039087.html
https://economictimes.indiatimes.com/industry/banking/finance/banking/
rbi-imposes-penalties-on-axis-idbi-bank/articleshow/90731570.cms
5. Telecommunication: 3 Hrs
I- Regulator: Telecom Regulatory Authority of India (TRAI)
II- Licenses: Telecom Regulatory Authority of India(TRAI) Act, 1997
and DoT
Basic Reading : https://trai.gov.in/sites/default/files/CP_13042004.pdf
https://www.trai.gov.in/release-publication/reports/study-paper
https://www.sciencedirect.com/science/article/pii/S0970389619301570
https://www.trai.gov.in/notifications/press-release/trai-issues-telecom-
tariff-66th-amendment-order-2022
https://www.trai.gov.in/notifications/press-release/trai-issues-telecom-
tariff-66th-amendment-order-2022
6. Telecommunication: 2 Hrs
I- Compliances and Penalties:
II- Introduction to websites, form filling and other norms
Basic Reading:
https://economictimes.indiatimes.com/news/economy/policy/trai-seeks-
powers-to-penalise-telecom-companies-which-fail-to-meet-
regulations/articleshow/52664684.cms

7. Healthcare & Pharmacuticals: 3 Hrs

 SVKM’S NMIMS Narsee Monjee Institute of Management Studies
Name of School – Kirit P. Mehta School of Law

I- Regulator: The Central Drugs Standard Control Organisation

(CDSCO) - Directorate General of Health Services, Ministry of
Health & Family Welfare, Government of India
II- Licenses: The Drugs & Cosmetics Act, 1940
Basic Reading:
https://indiankanoon.org/search/?formInput=drugs%20and%20cosmetic
%20act%201940+doctypes:judgments
https://indiankanoon.org/search/?formInput=drugs%20and%20cosmetic
%20act%201940+doctypes:judgments
https://www.livemint.com/Companies/2OfWn352NqtiB2uw3deUMI/Gro
wing-menace-of-spurious-drugs-a-case-study.html
8. Healthcare & Pharmaceuticals: 2 Hrs
I- Compliances and Penalties:
II-Introduction to websites, form filling and other norms
Basic Reading :
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3714944/
9. Aviation: 3 Hrs
I- Regulator: The Directorate General of Civil Aviation (DGCA)
Airports Economic Regulatory Authority
II- Licenses: Airports Economic Regulatory Authority of India Act
(AERA), 2008
Basic Reading:
https://link.springer.com/chapter/10.1007/978-3-030-56231-1_5
https://heinonline.org/HOL/Page?handle=hein.journals/isavialp4&div=2
1&g_sent=1&casa_token=&collection=journals
10. Aviation: 2 Hrs
I- Drone (Amendment) Rules 2022
II- Compliances and Penalties:
III-Introduction to websites, form filling and other norms
Basic Reading:
https://www.civilaviation.gov.in/en/ministry-documents/rules
https://tech.hindustantimes.com/tech/news/bharat-drone-mahotsav-
2022-pm-modi-inaugurates-india-s-biggest-drone-festival-in-delhi-
71653637743975.html
11. E-Commerce: 3 Hrs
Topic Details:
I- Regulator: Ministry of Electronics and Information Technology,
Government of India
National Association of Software and Service Companies
II- Licenses: Registration under Companies Act 2013, obtaining GST
registration and registering under Shop and Establishment act.
Consumer Protection Act, E Commerce Rules 2020.
Basic Reading :
https://d1wqtxts1xzle7.cloudfront.net/68862910/05_06_2021_1622890020_7
_IJSMM_1._FOC_Dec_2020_IJSMM_A_STUDY_ON_THE_EMERGENCE_O
F_CONSUMER_PROTECTION_ACT_OF_2019-with-cover-page-
v2.pdf?Expires=1634889499&Signature=BU1JOUFiS1Xim6yxBZ9UWiirbSyb
 SVKM’S NMIMS Narsee Monjee Institute of Management Studies
Name of School – Kirit P. Mehta School of Law

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https://www.tandfonline.com/doi/abs/10.1080/13600869.2020.1838187
12. E-Commerce: 2 Hrs
Topic Details:
I- Revenue Sharing Model of E-Commerce Platforms
II- Compliances and Penalties:
III- Introduction to websites, form filling and other norms
Basic Reading:
https://www.forbes.com/sites/forbestechcouncil/2022/03/14/e-
commerce-trends-2022-what-the-future-holds/?sh=764ae0ec58da
https://consumeraffairs.nic.in/sites/default/files/E%20commerce%20rule
s.pdf
Total 30 Hrs
Text Books:
Regulation and Regulatory Process in India – Dr. Manoj Kumar, Satyam Publication, March 2019.
Reference Books:
1. Business Environment 4th Edition By Shaikh Saleem Pearson Publication.
2. Important Acts that Transformed India By Alex Andrew George McGraw Hill Publication.
Any other information :
Total Marks of Internal Continuous Assessment (ICA) : 50 Marks
Distribution of ICA Marks :
Description of ICA Marks
Research Paper 20 Marks
Seminar 10 Marks
Viva 10 Marks
Class Participation 10 Marks
Total Marks : 50 Marks

Signature Signature
(Prepared by Sohini Shrivastav & Dr. Karishma Desai ) (Approved by Dean