Essentials of Business Environment

Being in circulation for more than two decades, ESSENTIALS OF BUSINESS ENVIRONMENT has witnessed lows and highs of Indian businesses. The book was a bystander to the tightly controlled business environment and has been an eye-witness to the post-reform periods. During these periods, the book has captured all the changes and developments clearly, comprehensively and objectively. No surprise, the book has gained acceptance across the country. The 13th edition has a new feature. At the end of each chapter, there is a section on the impact of the chapter contents on macro business environment. The appendages carry interesting and revealing observations. The present edition has three new chapters Human Development, Financial System and Fiscal System. All other features and structure of the book remain untouched except that new cases, boxes, figures and tables have been added. Several chapters have been recast and data updated. Contents - 1. Business and its Environment - An Introduction 2. Meaning and Rationale for Globalisation 3. Strategies for Going Global 4. Foreign Direct Investment 5. India, WTO and the Trading Blocks 6. Technological Environment 7. Political Institutions 8. The Constitutions of India 9. Rationale and Extent of State Intervention 10. End of Government in Business? 11. Economic Environment 12. Industrial Policy 13. Industrial Licensing 14. Competition Law and Foreign Exchange Management Act 15. Companies Act, 1956 16. Public Sector Enterprises 17. Privatisation 18. Micro, Small and Medium Enterprises 19. Industrial Labour 20. Industrial Sickness 21. Exit Policy 22. Infrastructure 23. Development Banks 24. Stock Exchanges 25. Financial System 26. Fiscal System 27. Agriculture 28. Balanced Regional Development 29. Human Development 30. External Sector 31. New Economic Policy 32. Cultural Environment 33. Social Responsibility of Business 34. Business and Society 35. Social Audit 36. Business Ethics 37. Corporate Governance 38. Natural Environment