Business Environment

Business Environment

CASE STUDY

A major worldwide Financial Services company demanded more computing power from its existing data centre facilities to deliver higher speeds for transactions, with tighter security, whilst reducing their operational costs and carbon emissions. As a result of replacing all existing switches with BLADE’s RackSwitch G8000 1/10Gb aggregation switch units, operating costs were reduced by 80 percent over a three year period, latency was reduced 73 percent and cabling requirements were minimized through the use of consolidated infrastructure.

From a network perspective, it is important to consider the significant benefits that more efficient switching equipment can provide in speed and power usage, as well as in reduced cabling. Bringing the networking back to a rack level will have a positive impact on the overall resource usage in the data center. Though this type of technology is mainly suited to large IT operations, it may be relevant to those SMEs that have high processing needs and where there are opportunities to consolidate switching hardware. Featured Organizations BLADE is the leading supplier of Gigabit and 10G Ethernet network infrastructure solutions that reside in blade servers and server and storage racks. BLADE’s virtual, cooler and easier Rack Switch family demonstrates Rackonomics – a revolutionary approach for scaling out data centre networks in order to drive down total cost of ownership. The problems needing to be addressed? A major worldwide Financial Services company demanded more computing power from its existing data centre facilities to deliver higher speeds for transactions, with tighter security, whilst reducing their operational costs and carbon emissions. New solutions for the existing switching infrastructure were needed so that these demands could be achieved, scaling out data centre networks to drive down total cost of ownership. The Proposed Solution Operating 25 data centres worldwide and 18 pods per data centre, existing legacy switches were replaced with high performance BLADE’s Rack Switch G8000 1/10Gb aggregation switch units in each location. Each of BLADE’s integrated blade switches provide network intelligent switching features, simplified cabling, and fewer network ports to purchase, cable up, and manage. What were the End Benefits? (Efficiencies, Productivity, Financial, Cultural or Other) By replacing the older external switches with BLADE’s Rack Switch G8000 1/10 GB aggregation switches; overall power costs were reduced by 80 percent over a three year period. In addition, BLADE’s integrated blade switches provide network intelligent switching features that simplify cabling and reduce the number of network ports that need to be managed, thereby providing significant savings in associated cabling costs and annual maintenance contracts.

Answer the following question.

Q1. Explain how savings in power consumption leads to sustainability.

Q2. Discuss how Financial Services company was able to reduce various costs associated with data centres.

 

CASE STUDY

An excellent international case study comes from bike manufacturer Triumph, which lost steam in its British home base three decades ago, but found new life by heading overseas. In 2010, Triumph sold just 7,562 bikes in the UK, but 50,000 worldwide, indicating that an international interest paid off for the company. Triumph’s famous factory in Warwickshire closed up shop in 1983, but the Indian factory remained, and these days, the motorcycles have become the country’s Harley Davidson. The company struggles to meet demand in India, with a six month waiting list and a new factory being built. India’s middle class has embraced the vehicle as an affordable commodity, even giving them as dowries in weddings.

Answer the following question.

Q1. Give your views on the case.

Q2. How the bike manufacturer survived, despite the steep fall in sale of bikes in their home country. Discuss.

 

CASE STUDY

After the dismal financial performance in the early 2000s, Yahoo! (Yahoo) is on its way back to profitability in 2003. Under the guidance of Terry Semel (Semel) CEO Yahoo, the portal is on the way to becoming the largest media company in the world. With the spread of broadband, brand advertising is steadily becoming the largest source of revenue for online companies. As advertisers flock to Yahoo, Semel has a tough task of convincing traditional media, which is responsible for most of its content, to continue their relationship with Yahoo Semel believes that ‘Social media” where content is generated by users themselves, through their photo and video blogs, podcasts and hyperlinks, is the “next big thing” on the internet both for the user and the advertiser. As Semel makes investments to make social media a reality, he wonders if his bet will pay off. With so much content being generated in Yahoo, will Yahoo be able to maintain the fine balance between guiding the user to the most relevant content and its own content?

Answer the following question.

Q1. Discuss Yahoo’s growth

Q2. Discuss the competition and changing markets

Q3. Explain Yahoo’s new growth Strategy in changing environments

Q4. Give an overview of the case.

 

CASE STUDY

Since the formation of the General Agreement on Tariffs and Trade (GATT) in 1947, its main objective has been to promote international trade between nations by reducing agricultural tariffs, export subsidies and domestic support, the major barriers to trade. To achieve its objective, GATT monitored eight rounds of negotiations starting with Geneva round in 1947 to the Uruguay round that lasted for 9 years. However, except the Uruguay round that succeeded in setting targets regarding reduction in tariffs, domestic support and subsidies by both developed and developing countries none of the rounds was successful. What were the reasons for the continuous failure of the rounds, when the objective of all the member countries has been the same? n 1995, World Trade Organization (WTO) replaced GATT to carry forward the same noble objective – remove barriers and uplift the developing nations. The major negotiating round post WTO’s formation was ‘The Doha Development Round’ in July 2008. However, not surprisingly, this round also collapsed on the 9th day on the issue of usage of ‘Special Safeguard Mechanism’ by developing countries. Interestingly, Regional Trade Agreements (RTAs) between two or three neighboring countries have had a higher rate of success than Multilateral Trade Agreements (MTAs). When RTAs could be successful, why couldn’t developing and developed countries meet on a consensus with regard to MTAs? In spite of benefits from trade liberalization, why do these trade negotiations continuously fail? Who should be blamed for the failure of the Doha Round? The case delves into the same issues. On November 15th 2008, few of the member countries decided to conclude the Doha round and meet in December 2008 for the same. Will this round be successful? The case also explores into the measures that need to be taken to make all the member countries think and act alike.

Answer the following question.

Q1. Explain the historical relevance of formation of WTO (GATT) and other MTAs.

Q2. Explain the difficulties in reaching consensus in MTAs and implementing those policies

Q3. Analyze the reasons for the failure of Doha round of trade negotiations.

Q4. Debate the way forward for this impasse and reflect on the relevance of MTAs in the light of increasing globalization and bilateral trade in the world.

 

 

Business Environment

CASE STUDY

Asia had emerged as the destination for medical (healthcare) tourism capitalizing on advantages of “lower cost skilled personnel,cultural factors, natural endowments and unique forms of medicine.” The targeted consumers were patients from developed nations where medical treatments were expensive and the waiting lists long. By providing medical services to foreign customers, these countries were not only generating valuable foreign exchange, but were also creating employment opportunities. Thailand was the leader in the region, followed by Singapore and Malaysia and India as the preferred destinations for medical treatment. The benefits of foreign exchange, employment and growth in national income, which extended well beyond the medical, travel and tourism sectors attracted government interest across Asia, and efforts to attract medical tourists added to the growth of the industry Though Asian countries provided cheaper medical services, they were also perceived by some as being manned by low quality doctors who provided poor quality treatment. Pricing of the treatments and packages across the region varied. Experts opined that the over emphasis on the foreign patients who offered higher revenue compared to domestic patients can be detrimental to public healthcare services in the home country. Despite the issues and challenges, the region had vast opportunity for growth The case describes the growth and reasons of the Asian region as a preferred destination for Medical/Healthcare Tourism and the importance of the healthcare tourism industry in the Asian economies. The case details the issues and challenges for the countries in servicing the patients. The case ends on the discussion whether such emphasis on healthcare tourism was diverting the attention and resources of the government from the domestic healthcare needs, especially public health. With such competition and challenges, would Asian countries be able to capitalize on the opportunity and at the same time fulfill the social obligation of healthcare at home

Answer the following question.

Q1. Discuss the growth and reasons of the Asian region as a preferred destination for Medical/Healthcare Tourism and the importance of the healthcare tourism industry in the Asian economies.

Q2. Analyze the issues and challenges for the countries in servicing the medical tourist patients.

 

CASE STUDY

With the number of patent applications increasing exponentially the USPTO (US Patents and Trademarks Office) found it increasingly difficult to cope with the workload. This resulted in a situation where many patents were awarded to vague ideas without scrupulous review. Also there were many instances where the approved patents stifled further innovation, than encourage it and patents were used more like a weapon against competition. Many were apprehensive about the suitability of the patent system of the industrial age to the information age and suggested revamping not just the patent system, but also the entire system of intellectual property law.

Answer the following question.

Q1. Discuss the conditions that led to the troubles for USPTO, the relevance of business method patents and the viability of the Patent Law in protecting innovators in the information age

Q2. Analyze the potential benefits that the reforms could bring to the US economy, which drives a considerable part of worldwide industrial growth.

 

CASE STUDY

Measuring the Results of DonorSupported Tax Reform – The case of donorsupported tax reform in Nigeria (GEMS3) Taxation is an important exchange between government and private enterprise. It provides the means through which governments are able to fund their activities, while influencing the behavior of the private sector through the use of incentives and penalties. For many emerging enterprises, the fear of taxation keeps them informal and hidden from official observation. Tax is central to the business environment as well as to the political accountability mechanisms of the state. In the past, tax reform typically focused on the shortrun objectives concerned with adjusting tax rates and increasing revenue. However, from a business environment perspctive, tax reform focuses on the longerterm concerns affecting economic growth and investment. Donor and development agencies support tax reform for a variety of reasons. These include: Increasing the sources of taxation; Broadening the tax base to include micro and small enterprises; reducing the tax burden for individual taxpayers; and Strengthening political accountability processes. Thus, donor and development agencies work with governments to streamline their tax systems, lower the barriers for firms to participate, encourage foreign and domestic formal investment, widen the tax base, and set the conditions necessary to lower the perbusiness burden. Writing for the World Bank Group, Bruhn (2011) describes the challenges of measuring the effects of tax reforms on economic outcomes. Overcoming these challenges “involves extensive data requirements, nonuniform reporting practices, identification problems, and a wide range of imperfect measures and methodologies”. She cites several studies that link tax reforms that focus on reducing corporate tax rates to increases in investment and formal firm creation. While less is known “about the effects of reducing compliance costs”, a few studies have begun to indicate evidence of a link between tax simplification and an increase if firm creation and sales. Donor and development agencies that support BER, focus on tax reforms to contribute to increased private investments and rates of formal firm establishment, along with increases in business turnover and employment levels. These enterpriselevel changes enhance the capacity of the private sector to contribute to economic growth and poverty reduction. 2.1. The case of donorsupported tax reform in Nigeria (GEMS3) In Nigeria, the World Bank and the United Kingdom’s Department for International Development (UK Aid) fund the Growth Employment in States (GEMS) program. The Nigerian Federal Ministry for Trade and Investment is responsible for implementing the program, which began in 2011. This program aims to create jobs and increase nonoil growth in specific value chains. UK Aid has provided a grant of £90 million and the World Bank a concessionary loan of US$160 million. GEMS indicates it will achieve an overall internal rate of return of 48 percent. A key target is the creation of at least 100,000 jobs directly in the selected sectors. The program targets at least six economic sectors and aims to support small and mediumsized enterprises (SMEs). While GEMS has four broad program themes, the third of these, GEMS3, is entitled “Support Improved Business Environment”. This is a fiveyear program, which is due to conclude in 2015. GEMS3 seeks to improve the environment for doing business in Nigeria, especially in land, taxation and investment, so that these markets will work better for the poor. The GEMS3 12 business model states that these improvements in doing business will ultimately lead to lasting improvements in economic opportunities for the poor, especially women. GEMS3 has an overarching framework (i.e., logical framework) that cuts across

Answer the following question.

Q1. What is the importance of tax payment in the business environment? Explain.

Q2. How the tax base is widened with the coordination of donor and development agencies.

 

CASE STUDY

In 2009, Malaren issued a recall for every stroller it had sold in the US for a decade, which came to 1 million units. The strollers were recalled so that a cover could be installed to prevent amputation of a baby’s fingers, which could happen if the baby were to be in the stroller in the wrong spot. As a luxury brand, this incident was damaging even though it was a misuse of the product and not a defect. Experts believe that Malaren did the right thing in the aftermath of the recall, asking for a fast track recall from the Consumer Product Safety Commission, and got out in front of the recall as it started spreading through the press, saving face and further embracing a mission of child safety.

Answer the following question.

Q1. Give an overview of the case,

Q2. In your opinion, whether recalling strollers for modification was a wise step or not, Comment with justifications..

 

Business Environment

CASE 1

Q1) Imagine that you are in-charge of a major chemical plant, manufacturing points. At present, the general awareness about the mandatory requirements for chemical industry is very low. Even if the compliance record is maintained, it is not disclosed to all employees.

In a recent seminar of the company, many experts from industry associations like Confederation of Indian Industries (CII), conducted the seminar. The dangers of non-compliance of ISO 14001 EMS certification and Trade Sanctions, which are likely to increase, were discussed. Even the senior managers were involved and a lot of serious discussions took place.

After a span of one month, the In-charge (i.e. you!) received a call from the top management, who want you to find out more about the ISO Certification. The management, wants to help you, with the help of other employees to list the critical aspects that have potential environmental impact.

You may be feeling that you have only some vague ideas about air pollution in paint industry and water pollution, due to paint manufacture. You may also recall the newspaper clipping on internationalization of paint manufacturing practices, which states the following points:

  1. What are the activities that are critical to the company’s environmental management certification?

  2. List the activities which have potential environmental impacts in a pint industry.

  3. List the legal requirements.
  4. Is there a trade related issue involved in this case
  5. Explain, how your company can prepare itself towards certification.

 

CASE 2 :

Q2) XYZ company is an equal opportunity employer. XYZ Co has always upheld the spirits of freedom, human welfare, fair practices and fair treatment to all employees. It has the image of a socially responsible company in India. XYZ Co., has never involved itself in any study deals, even if it could bring good profits.

Also, XYZ Co. is a major IT solution provider. XYZ has immense potential for providing consultancy services in the African nations and South East Asian countries. A request was received from an African country, stating that they have an assignment for two years. The following conditions are to be fulfilled.

  1. Employees should not bring families with them during the assignment.
  2. Women managers should not accompany the team.
  3. The country and the collaborating company are not responsible if any accident or any other untoward incidents take place.

Please answer the following questions :

  1. Should XYZ Co take up the assignment?

  2. How can XYZ Co maintain business viability and growth without compromising on basic rights and values enshrined? In the mission statement of the company?

  3. What alterations may be sought in the agreement and why?

 

CASE 3

Q3) On the night of December 23, 1983 a dangerous chemical reation occurred in the Union Carbide factory in Bhopal, when a large amount of water got into the MIC i.e. Methyl Isocyanate storage tank. When the leak was detected by workers at 11.30 pm, their eyes began to tear and burn. The rest is history. About 40 tons of MIC poured out of the tank for nearly 2 hours and escaped into air, spreading within 8 km down wind, About 4000 people were killed in sleep or as they fled in terror, hundreds of thousands were injured or effected the victims who were almost entirely the poorest members of the population. The poisonous gas, caused death and left the survivors with lingering disability and diseases.

The Bhopal disaster was a result of the combination of legal, technological, organizational and human errors. The long term effects were made worse by the absence of systems to care for and compensate the victims. Also, the safety standards and maintenance procedure at the Union Carbide plant had been deteriorating and ignored for months.

Questions :

  1. From Bhopal Tragedy, what an industrial manager learns? What safety procedures are to be followed. Study the case deeply and state what were the defects of MIL unit. In view of this case, prepare a disaster management plan, which could cover be useful to a chemical company. 

 

Q 4)

i) List the methods of waste management in the order of preference. 

ii) What are the advantages of solid waste incernaton? 

iii) Define hazardous waste

iv) List the legal provisions in the Environment Protection Act pertaining to hazardous waste

 

Q 5)

i) Discuss the role of CPCB (Central Pollution Control Board) in the pollution control activities in India.

ii) Mention the salient points of the 3 Acts :

  • The Air (prevention and control of pollution) Act 1981
  • The Water (prevention and control of pollution) Act 1974
  • The Environment (Protection) Act 1986

iii) Explain the very elements of EIA (Environmental Impact Assessment) – different types of Impact Assessments – the benefits of EIA – The EIA process, key points to remember while conducting an effective EIA.

iv) Compare and contrast “polluter pays principle” with “beneficiary pays principle”.

v) What are the tenets of Risk management – explain the steps involved through a chart.

 

Business Environment

CASE STUDY

State Government of Victoria – Environmental Selection Criteria for Multifunction Devices (Business Innovation) Today, Governments are coming on board for the plight to be ‘green’ by introducing new regulations and policies that provide industry with financial signs and mechanisms to encourage the greening of the supply chain. The following is an example of how the Victorian Government specified environmental requirements for Multifunction Devices (MFDs) in a recent tender document. The Contractor(s) must provide MFDs that: a. Are Energy Star compliant, with Energy Star capabilities enabled? b. Have low overall energy consumption in operation as well as standby and sleep modes. c. Can have all components switched off by the user so that no standby power is being consumed. d. Have document storage capacity (including the ability to code and store print jobs). e. Have duplex and page shrinkage (at least two pages to a page) printing and copying capabilities. f. Are able to use paper with recycled content. g. Are able to use paper which has previously been printed on one side. h. Are able to use remanufactured toner cartridges, including third party remanufactured toner cartridges meeting required standards, with no effect on service agreements or warranties i. Have low operating noise levels. The following features are highly desirable: a. Units containing a percentage of recycled materials, and/or materials which can be recovered, remanufactured or recycled at the end of the unit’s useful life. Contractor(s) are encouraged to provide innovative proposals for the disposal of equipment complying with environmental standards. b. Packaging should be recyclable or compostable, and should preferably include recycled content. Packaging takeback programs are encouraged. c. The Victorian Government wishes to eliminate unnecessary packaging associated with MFDs. Preference may be given to an arrangement where, within the first 12 months of the contract, packaging reuse and reduction options, whilst still offering adequate protection to products, will be developed. d. Details of strategies and policies that manufacturers and/or suppliers have developed or are in the process of developing in the area of extended producer responsibility.

Answer the following question.

Q1. What are the Multifunction Devices (MFDs) that have been inserted by Victorian Government in the tender documents and why?

Q2. Discus the requirement of the greening of the supply chain, by all countries.

 

CASE STUDY

Sometimes, doing the right thing is more important than profits, a lesson that Malden Mills learned firsthand. When the factory burned down in 1995 just two weeks before Christmas, production halted and employees assumed they’d be out of work until the factory was rebuilt. But CEO Aaron Feuerstein extended the employees 90 days at full pay, as well as 180 days with benefits at a cost of $25 million to Malden Mills. After the factory was rebuilt and all of the displaced workers were rehired, cooperation and productivity reached a new high, with 40% more business, 95% customer and employee retention, and a production increase from 130,000 to 200,000 yards per week. However, since then, Malden Mills has been to bankruptcy court three times, with much of the debt tied to the rebuild of the factory. Feuerstein made employees happy, to be sure, but business students should study this case to consider whether bold philanthropic actions will pay off in the end.

Answer the following question.

Q1. Do you agree with the actions taken by CEO? Justify your reply.

Q2. What may be reasons for reaching the production of the factory a new high? Discuss in detail.

 

CASE STUDY

In the modern urban culture consumption of soft drinks particularly among younger generation has become very popular. Soft drinks in various flavors and tastes are widely patronized by urban population at various occasions like dinner parties, marriages, social get together; birthday celebration etc. Children of all ages are especially attracted by the mere mention of the word soft drinks. The socalled competition for this product in the market is different from other products. Mass media, particularly television, has contributed to a large extent to the ever growing demand for soft drinks. The attractive jingles and sports make the large audience remember the brand at all times. In today’s highly competitive market place, two players have dominated the industry; The New York based Pepsi Company Inc. and the Atlanta based CocaCola. Throughout the globe, these major players have been battling it out for a bigger chunk of the ever –growing soft drink market. This battle has been witnessed in India too, between these two giants. It was invented in May, 1886 by Dr. John .S. Pemberton in Atlanta, Georgia, United States of America. Coca Cola offers a portfolio of world class quality sparkling and still beverages, starting from Coca Cola to over 400 soft drinks, juices, teas, water and energy drinks. The most successful brands are – Coca Cola, Diet Coke, Sprite and Fanta. With operations over 200 countries it has a workforce of 55,000 employees and serves over 1.7 billion servings each day. PEPSI Pepsi was first developed by Caleb Bradham, a pharmacist and industrialist from New Bern, North Carolina, in 1898. As the cola progressed in popularity, he created the PepsiCola Company in 1902 and registered a patent for his recipe in 1903. The PepsiCola Company was first incorporated in the state of Delaware in 1919. Currently, PepsiCo is one the largest companies in the U.S. It figures amongst the largest 15 companies worldwide according to the number of employees hired. It has a U.S. Fortune rank of 50. Pepsi is bottled in nearly 190 countries. PepsiCo is a world leader in snacks, foods and beverages with revenues of more than $43 billion. It consists of many companies amongst which the prominent once are PepsiCola, FritoLay and Pepsi Food International. The group is presently into two of the most profitable and growing industries namely, beverages and snack foods. It has scores of big brands available in nearly 150 countries across the globe.

Answer the following question.

Q1. Give an over view of the case.

Q2. How the PepsiCo differs from Coca Cola. Elaborate.

 

CASE STUDY

Case Study: DELL – Energy Management (Enterprise Solution – Minimum of 200 Desktops – Technology Innovation) Synopsis Dell embarked on an energy efficiency program that aimed at conserving energy and cutting expenses by reducing the power used by approximately 50,000 of its computers during nonbusiness hours. 1E’s Night Watchman® and 1E WakeUp® were deployed to the 50,000 client computers that fully integrated with Dell’s corporate Microsoft® Windows Server® and Microsoft Systems Management Server (SMS) environment. As a result, Dell achieved a 40 percent reduction in energy costs, translating into US$1.8 million in savings per year. The use of 1E Night Watchman® is a great example of how an organization can effectively implement energy management practices that reduce energy consumption and operating costs. Though cost savings are more noticeable for larger corporations, 1E Night Watchman® is just as relevant to smaller organisations with as few as 200 PCs. Featured Organizations Dell is a multinational technology corporation that develops, manufactures, sells and supports personal computers and other computerrelated products. 1E solutions and services help automate and simplify IT operations and reduce complexity, management cost and power consumption costs. By providing leadingedge solutions with its expertise 1E has earned the trust and confidence of over 15 million licensed users across 1,100 businesses in 42 countries worldwide. The Problem to be Addressed Energy conservation is an increasingly important issue for all organizations.

Answer the following question.

Q1. Explain how Dell achieved a 40 percent reduction in energy costs.

Q2. Give your views on the case.

 

 

Business Environment

CASE STUDY

Tesco’s move into Korea offers a classic case study of building market share internationally. The company made some smart moves in their Korean expansion, most notably partnering with Samsung, the leading Korean conglomerate, and embracing the Korean way of life by operating stores as local businesses and community centers. Tesco also made a smart move by employing nearly 100% Koreans on staff, with only 4 British employees out of 23,000. Reports indicate that Tesco’s intelligent strategy has won over shoppers in Seoul, with 25% of Koreans signed up for loyalty cards and sales in the billions, finding success in “crack[ing] the Asian tiger,” where competitors such as Carrefour and WalMart have failed.

Answer the following question.

Q1. Give an overview of the case.

 

CASE STUDY

Background checks are an issue faced by many companies, as sensitive information is now more public than ever. Office Drop is no exception, as the company scans paper into digital files, including patient records and minister sermons, most of which require trustworthy employees who can handle documents discreetly. Many companies offer quick, superficial checks, but for Office Drop owner Prasad Thammineni, more information was required. He found a company that would allow research to delve into a number of different sources and perform a more comprehensive search. Other business owners offered somewhat critical opinions of Thammineni’s choice, pointing out that instead of Goggling to find a background check company, he should have asked his business network who they were using. They also recommended that he took advantage of free resources, including online searches and checking out social media sites to learn more about job candidates.

Answer the following question.

Q1. Give your views on the case

Q2. Why the opinion of other business owners was different from the owner of office Drop? Discuss.

 

CASE STUDY

After the dismal financial performance in the early 2000s, Yahoo! (Yahoo) is on its way back to profitability in 2003. Under the guidance of Terry Semel (Semel) CEO Yahoo, the portal is on the way to becoming the largest media company in the world. With the spread of broadband, brand advertising is steadily becoming the largest source of revenue for online companies. As advertisers flock to Yahoo, Semel has a tough task of convincing traditional media, which is responsible for most of its content, to continue their relationship with Yahoo Semel believes that ‘Social media” where content is generated by users themselves, through their photo and video blogs, podcasts and hyperlinks, is the “next big thing” on the internet both for the user and the advertiser. As Semel makes investments to make social media a reality, he wonders if his bet will pay off. With so much content being generated in Yahoo, will Yahoo be able to maintain the fine balance between guiding the user to the most relevant content and its own content?

Answer the following question.

Q1. Discuss Yahoo’s growth

Q2. Discuss the competition and changing markets

Q3. Explain Yahoo’s new growth Strategy in changing environments

Q4. Give an overview of the case.

 

CASE STUDY

China’s enormous pool of low cost manpower had enabled it to develop as a manufacturing base for companies across the globe. However, since 1998, the situation seemed to be fast changing with China facing a shortage in the availability of skilled manpower. Experts predicted that this would lead to an increase in the cost of available manpower and therefore increased costs for businesses. They feared that this would result in China losing its competitive advantage as a low cost manufacturing base. However, some experts were of the opinion that the shortage of manpower was merely a temporary phenomenon and China would continue to be a low cost manufacturing base.

Answer the following question.

Q1. Discuss the future of China’s competitive advantages as a low cost manufacturing base for global companies.

 

BUSINESS ENVIRONMENTAL

  1. Discuss how the environment acts does as a stimulant to business. Analyse why business often does little for the preservation of physical environment despite the fact that it is significant for business activity.

  2. Explain the relevance of ecological issues to business environment

  3. What do you understand by Business Social Responsibility ( B S R ). How this can be used to improve the Business Environment.

  4. Explain how the business in an organization can be regulated with regard to the Organization’s Basic Objectives.

  5. Describe in detail the different role played by the Government towards enriching the business Environment.

  6. In the Business Environment context, explain how the Political and legal Environment of business plays a vital role. Justify by bringing in suitable examples.
  7. Evaluate the advantages and disadvantages of FDI. What is your opinion on the role of FDI in the Retail Sector? Justify your views with India’s experience in this sector.

 

 

Business Environment

Q1. Discuss issues from the First Asian and Chinese experience.

Q2. Give graph of Quality Assurance – Product life stage model, explain.

Q3. What are problems with progressive Income Tax?

Q4. Business decision making and the impact of the macro-environment, Discuss.

Q5. Give a block diagram in establishing the design and quality standards of technology recipient site.

Q6. What are attributes characterising “The New Competition”.

Q7. What are the major benefits of raising equity from capital market.

Q8. What are major consequences of expansion in the money supply.

 

Business Environment

Q1. Discuss resumption of MAPIN.

Q2. Discuss product diversity.

Q3. Give merits of Accountability?

Q4. What is demand pull inflation?

Q5. Discuss performance in relation to private savings .

Q6. Give highlights of labour management relation.

Q7. How does formulation of the plan take place?

Q8. What are the issues relating Intellectual Property Rights.

 

Business Environment

  1. Give a block diagram in establishing the design and quality standards of technology recipient site?

  2. Business decision making and the impact of the macro-environment, Discuss?

  3. Give the constitution of SEBI Board and explain SEBI functions?

  4. Write a note on socio-cultural environment of Business Write a note on socio-cultural environment of Business?

  5. Discuss how the environment acts does as a stimulant to business. Analyze why business often does little for the preservation of physical environment despite the fact that it is significant for business activity?

  6. Evaluate the advantages and disadvantages of FDI. What is your opinion on the role of FDI in the Retail Sector? Justify your views with India’s experience in this sector?

  7. Discuss the Third plan (1961-66)?

  8. Give any three critical elements of economic environment of Business?

 

Business Environment

Q1. Is inexpensive labour a blessing or curse?

Q2. What is economic growth?

Q3. What are Category I Basins.

Q4. What are the aims of new fiscal policy?

Q5. What is licensing?

Q6. Give nature of Indian planning.

Q7. Discuss Eighth five year plan.

Q8. What do you think about airport privatisation.