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Management Programme
ASSIGNMENT
FIRST SEMESTER
2015
MS-03: Economic and Social Environment
School of Management Studies
INDIRA GANDHI NATIONAL OPEN UNIVERSITY
MAIDAN GARHI, NEW DELHI – 110 068
MS-03
ASSIGNMENT
Course Code : MS-03
Course Title : Economic and Social Environment
Assignment Code : MS-03/TMA/SEM-I/2015
Coverage : All Blocks
Note : Attempt all questions and submit this assignment on or before 30th
April, 2015 to
the coordinator of your study centre.
1. Explain environment of business in detail and examine the interaction between economic
environment and business management giving suitable examples.
2. Evaluate the working and performance of public sector in India.
3. a) Describe the salient features of the protective policy adopted by the government for
Small Scale Industry (SSI).
b) State the objective and achievements of administered price mechanism.
4. a) Analyse the need for foreign capital for a developing country. Give illustrations.
b) Define Balance of Payments (BoP). Briefly discuss the significance and composition
of BoP.
5. Briefly review the impact of economic reforms in India in terms of achievements and
failures.