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Ignou MBA Solved Assignments
IGNOU MBA Solved Assignments

MS-03 Solved Assignment Economic and Social Environment

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  • Version: July - Dec 2015

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Soft Copy: Yes

1. Explain environment of business in detail and examine the interaction between economic environment and business management giving suitable examples.
Answer. Businesses do not operate in a vacuum; they operate in an environment. .......... Your business depends on and affects the environment in many ways.....

2. Evaluate the working and performance of public sector in India.
Answer........

3. a) Describe the salient features of the protective policy adopted by the government for Small Scale Industry (SSI).
Answer. Small businesses have certain advantages over large-scale industries such as the ability in many cases to form....... Small scale industries play a vital role in the economic development of our country..... The various constraints faced by small scale......

3. b) State the objective and achievements of administered price mechanism.
Answer. The price of a good or service as dictated by a governmental or other governing agency..............

4. a) Analyse the need for foreign capital for a developing country. Give illustrations.
Answer. The need for foreign capital arises because of the following reasons. In most developing countries like India, domestic capital is inadequate.....

4. b) Define Balance of Payments (BoP). Briefly discuss the significance and composition of BoP.
Answer. The balance of payments, also known as balance of international payments, encompasses all transactions between..... The balance of payments is an accounting of a country's international transactions over a certain time period, typically a calendar quarter or year.......

5. Briefly review the impact of economic reforms in India in terms of achievements and failures.
Answer. The process of economic reforms was started by the government of India in 1991 for taking the country out of economic difficulty.....

MS-03 Solved Assignment - IGNOU MBA

This page is dedicated to IGNOU Master of Business Administration (MBA) MS-03 Economic and Social Environment Solved Assignment. You can download IGNOU MBA MS 3 Solved Assignments of Jan - June 2015 here.

Old Sample Answer

Q. Write a short note on trade policy reforms.
Answer. The new government took office at a time when the balance of payment (BoP) position facing the country had become critical and foreign exchange reserves (FER) had depleted to dangerously low levels. Restoration of viability in our external payments situation was an urgent task requiring action on several fronts, including macro-economic stabilisation and reforming of trade policy. The trade policy reform has to aim for a quick revival of the momentum of exports. It is only through the growth of exports that we can expect to overcome persistent BoP problems, restore international confidence, and achieve true self-reliance with an expanding economy................


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