Business Administration

Topics: Business, Economics, Environment Pages: 29 (7463 words) Published: March 26, 2014
Question
BUSINESS Environment
1. Discuss how the environment acts does as a stimulant to business. Analyse why business often does little for the preservation of physical environment despite the fact that it is significant for business activity. (10 Marks) 2. Explain the relevance of ecological issues to business environment (10 Marks) 3. What do you understand by Business Social Responsibility ( B S R ). How this can be used to improve the Business Environment. (10 Marks) 4. Explain how the business in an organization can be regulated with regard to the Organization’s Basic Objectives. (10 Marks) 5. Describe in detail the different role played by the Government towards enriching the business Environment. (10 Marks) AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-SCHOOL

6. In the Business Environment context, explain how the Political and legal Environment of business plays a vital role. Justify by bringing in suitable examples. (10 Marks) 7. Evaluate the advantages and disadvantages of FDI. What is your opinion on the role of FDI in the Retail Sector? Justify your views with India's experience in this sector. (20 Marks

Answer
1. Discuss how the environment acts does as a stimulant to business. Analyse why business often does little for the preservation of physical environment despite the fact that it is significant for business activity. (10 Marks) A good environment is a constitutional right of the Indian Citizens. Environmental Protection has been given the constitutional status. Directive Principles of State Policy states that, it is the duty of the state to 'protect and improve the environment and to safeguard the forests and wildlife of the country'. It imposes Fundamental duty on every citizen 'to protect and improve the natural environment including forests, lakes, rivers and wildlife'. In India, the Ministry of Environment and Forests (MoEF) is the apex administrative body for :- (i) regulating and ensuring environmental protection; (ii) formulating the environmental policy framework in the country; (iii) undertaking conservation & survey of flora, fauna, forests and wildlife; and (iv) planning, promotion, co-ordination and overseeing the implementation of environmental and forestry programmes. The Ministry is also the Nodal agency in the country for the United Nations Environment Programme (UNEP). The organizational structure of the Ministry covers number of Divisions, Directorate, Board, Subordinate Offices, Autonomous Institutions, and Public Sector Undertakings to assist it in achieving all these objectives. Besides, the responsibility for prevention and control of industrial pollution is primarily executed by the Central Pollution Control Board (CPCB) at the Central Level, which is a statutory authority, attached to the MoEF. The State Departments of Environment and State Pollution Control Boards are the designated agencies to perform this function at the State Level. Because of their impact on the environment, businesses have an obligation to try to mitigate the effects of their activities in an effort to protect the land and water resources. Many businesses act voluntarily to reduce their environmental impact. Industries that use or produce hazardous waste are mandated by law to regulate their businesses. In any case, reducing their environmental impact is a sensible approach to business that can have many benefits. Regulation

1. The primary federal laws which regulate businesses and individuals are the Clean Water Act of 1972 and the Clean Air Act of 1970. The former sets limits on the amount of discharge that businesses may release into waterways to maintain the chemical and physical integrity of these resources. Likewise, the Clean Air Act addresses the role of business in protecting the environment through regulation of emissions. Recycling

2. Businesses typically use a great deal of resources in order to carry out their work, from office supplies to energy use to waste production....
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