MS-3: ECONOMIC AND SOCIAL ENVIRONMENT

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MS-3

Management Programme

ASSIGNMENT

SECOND SEMESTER

(July to December)

2020

MS-3: ECONOMIC AND SOCIAL ENVIRONMENT

School of Management Studies INDIRA GANDHI NATIONAL OPEN UNIVERSITY MAIDAN GARHI, NEW DELHI – 110 068

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  ASSIGNMENT
   
Course Code:MS-3
Course Title:Economic and Social Environment
Assignment No.:MS-3/TMA/Sem-II/2020
Coverage:All Blocks
   

Note: Attempt all the questions and submit this assignment to the Coordinator of your Study Centre on or before 31st October, 2020.

  1. a)State the impact of social environment on business.
  • Examine how sociological environment affects and gets affected by the economic environment of business. Give examples.
  • State the main objectives of industrial policy, 1991. Critically assess the industrial policy of India particularly with respect to economic liberalization and globalization.
  • “Foreign Direct Investment (FDI) is increasingly important in economic development because of its close links in trade, financial flows and technology transfer”.

Explain the above statement and examine the policy of the government in promoting foreign capital in India.

  • Discuss the role of public sector in India. Examine the achievements by public sector of India.
  • Write short notes:
  1. Small Scale Industries.Globalization.Balance of Payments.Social Responsibilities of Business.

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