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Ignou MBA Solved Assignments
IGNOU MBA Solved Assignments

MS-03 Solved Assignment Economic and Social Environment

Rs. 200.00

  • Version: July - Dec 2014

Solutions Available: Yes

Soft Copy: Yes

1. a) Explain how the politico-legal environment in a country affects business firms.
Answer. The political system is the system of governance in an economy........ The legislations and enactments, rules and plans, statements and announcements, directives and guidelines by the government constitute the politico-legal environment..........

1.b)Analyze the interaction between political environment and business management citing relevant examples.
Answer. Political environment describes the political system prevailing in the country and also deals with the regulations....... Though business is an economic activity, there are several non-economic variables such as political and legal environment.......

2. Briefly examine the growth, problems and prospects of Small Scale Industry (SSI) in the post reform period.
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. How does the trade policy reforms help in enhancing the competitiveness of a nation in the international market? Discuss.
Answer. The government announced an initial package of trade policy reforms in 1991. Several changes were introduced in trade policy that aimed at strengthening the export incentives, eliminating a substantial volume of import licensing, and applying an optimal import compression in view of the BoP situation.................

4. "The long term goals of reducing poverty, achievement of full employment and growth with social justice have remained unattended in the process of economic reforms". Analyze the above statement in detail with respect to the present context.
Answer. Policies of liberalisation, globalisation and privatisation which symbolize economic reforms have concentrated on short term objectives .....

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 July - Dec 2014 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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