Rajalakshmi School of Business – Regulation 2022

BUSINESS, GOVERNMNET, ETHICS AND SOCIETY

Course Code MS1103 Duration 30 Sessions Credit 3

Course Description
The course is an immersive learning journey that will provide students with an overview of
the technologies and trends in banking and financial services. Students will also gain a
comprehensiveunderstanding of the fintech tools that they need for data-based decision-
making and driving customer strategy.

Prerequisites
An undergraduate degree course.

Pedagogy

Pedagogy includes class room lectures, case study discussions, exercises and quiz.

Program Outcomes

1. Apply knowledge of management theories and practices to solve business problems.

2. Foster Analytical and critical thinking abilities for data-based decision making.
3. Ability to develop Value based Leadership ability.
4. Ability to understand, analyse and communicate global, economic, legal, and ethical
aspectsof business.
5. Ability to lead themselves and others in the achievement of organizational goals,
contributingeffectively to a team environment.
Course Outcome

CO 1: Students would be acquainted with business objectives, dynamics of business and

environment, various types of business environment and its analysis including MSME sector

CO2: Students would describe and discuss competition policy and law, disinvestment, Indian
financial system and monetary policy.

CO3: Students would recall and relate various concepts like political and Government
environment, national income. They would also be acquainted about development of various
acts applicable to business in India.

CO4: Students would be acquainted with various strategies of International business, business
ethics, ethical dilemmas, corporate culture and ethical climate. They would also discuss Foreign
Trade in India, Foreign Direct Investments, Public policy and Niti Aayog.

MS1103 Business, governmnet, Ethics and Society 30 Sessions

UNIT I –Introduction 7

Business environment Meaning and definition Industrial policy-Recent policies for MSME sector
Industrial policy-Recent policies for MSME sector- Role of industries in the economic development-
Role of industries in the economic development Industrial licensing-policy decisions.

UNIT II- Indian Financial system 7

Competition policy and law Privatisation and disinvestment-Indian financial system- Objectives of
price policy -Stock exchanges in India and abroad- SEBI and its role in the capital market- Financial
market structure -Monetary policy

UNIT III Governance 8

Political and Government environment- Corporate Governance-Disclosure and transparency:

Partners of good governance-National Income-Methodology of national income estimation in
India –Fiscal policy

UNIT IV Planning and Public policy 8

Planning in India -Social responsibility of business- Business Ethics- Values in business-

International business environment –FDI-World Trade Organisation- Public policy- Niti Aayog
Text Books:
Shaikh Saleem , Business Environment,Pearson, 4th edition
Francis Cherunilm, Business environment text and cases, Himalaya Publishing, 30th edition