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National Institute of Business Management

Chennai – 020

THIRD SEMESTER MBA

Subject : Business Environment

Attend any 4 questions.  Each question carries 25 marks

(Each answer should be of minimum 2 pages / of 300 words)

1. What are the characteristics of a Business? Explain.
2. Discuss the basic features of an Economic System.
3. Describe Mixed Economy or Democratic Socialism.
4. Discuss the characteristics of organisation objectives understanding of the criteria for effective objectives.
5. Why is environmental scanning a concept from business management? Explain.
6.   Explain how Environmental factors interact with each other to accomplish its objectives?

25 x 4=100 marks                           

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