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BUSINESS ENVIRONMENT AND LAW SYLLABUS

UNIT - I
Dynamics of Business and its Environment - Corporate Governance and social Responsibility - Ethics in Business - A Discussion - Economic Systems and Management Structure - Family Management to Professionalism - Economic Transition in India: Privatisation, Globalisation and Competition - Resource Base of the Economy - Land, Forest, Water, Fisheries, Minerals - Economic and Business Development and Environmental Issues.

UNIT - II
Infrastructure - Economic: Energy, Power, Transport, Communication, - Social: Education, Science and Technology; Demographic Issues - Political: Constitution, Electoral Issues, Democracy - Productivity Factors, Human Elements and Issues for Improvement - Total Quality - Management Issues - Global Trends in Business and Management; International Relations - MNCs - Foreign Capital and Collaboration - Trends in Indian Industry - The Capital Market Scenario - Future Perspective of Indian Industry and Management; Emerging Geo Political Dimensions of Business Environment.

UNIT - III
Law of Contract - Agreement - Offer - Acceptance - Consideration - Capacity of Contract ¬Contingent Contract - Quasi Contract - Performance - Discharge - Remedies to breach of Contract - Partnership - Sale of Goods - Law of Insurance - Negotiable Instruments - Notes, Bills, Cheques - Crossing - Endorsement - Holder in due course - Holder in value - Contract of Agency.

UNIT - IV
Company - Formation - Memorandum - Articles - Prospectus - Shares - Debentures ¬Directors - Appointment - Powers and Duties - Meetings - Proceedings - Management ¬Accounts - Audit - Appression and Mismanagement - Winding up.

UNIT - V
Factory Act - Industrial Disputes Act - Minimum Wages Act - Workmen Compensation Act.

REFERENCES
1.Keith-Davis & William Frederick: BUSINESS AND SOCIETY, (McGraw-Hill, Tokyo).
2. Rudder Dutt & Sundaram: INDIAN ECONOMY; New Delhi[Vikas]
3. Kapoor, N.D.: ELEMENTS OF MERCANTILE LAW.
4. Maheswari & Maheswari: MERCANTILE LAW.
5. Ramiah: COMPANY LAW.
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