DCM6204 BUSINESS ENVIRONMENT JAN FEB 2026

Description

SESSION	JAN-FEB 2026
PROGRAM	MASTER OF COMMERCE (M.COM)
SEMESTER	II
COURSE CODE & NAME	DCM6204 BUSINESS ENVIRONMENT

 

 

Assignment Set – 1

 

Q.1. Describe the concept and features of the capitalist, socialist and mixed economy. (10 Marks)

Ans 1.

Economic systems are the means that allow societies to organize the production, distribution, as well as consumption of both goods as well as services. The three principal economic systems include socialism, capitalism, and the mixed economy, each reflecting different philosophies about how private ownership plays a role or government intervention as well as market structures.

Capitalist Economy

Capitalism, often referred to as markets that are free or a market economy, is a type of economy

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JAN-FEB 2026

 

Q.2. Identify and explain the components of the macro environment of business with suitable examples. (10 Marks)

Ans 2.

The macro environment in business encompasses the wide-ranging external forces that influence the entire business sector within an economic system, irrespective the industry they operate in or their size. As opposed to the micro environment, which involves forces directly related to the business The macro environment is comprised of larger-scale social forces which individual businesses have no influence, but they must adapt their strategies. The elements of the macro-

 

Q.3. Explain the concept and categories of social responsibility of business. (2+8 = 10 Marks)

Ans 3.

Concept of Social Responsibility of Business

Social responsibility of business refers to the obligation of businesses to carry out their operations in ways that aren’t just financially efficient but also ethical, legally compliant, and beneficial to our society as well as the environment. It extends beyond just conformity with laws to encompass voluntary actions to benefit every stakeholder, which includes employees, communities, customers, environmental community, and the society at large. The model

 

 

Assignment Set – 2

 

Q.4. Explain the concept and components of Balance of Payments. (4+6 = 10 Marks)

Ans 4.

Concept of Balance of Payments

The Balance of Payments (BoP) is a consistent and accurate account of all financial interactions between citizens of an individual country and those of the world over an exact time frame, usually 1 year. It records flows of goods or services, earnings, and financial assets that are exchanged between the domestic as well as foreign-owned entities. The BoP relies on the double entry bookkeeping concept where every transaction is recorded as a debit and a credit. debit.

 

 

Q.5. Describe the different types of Intellectual Property Rights. (10 Marks)

Ans 5.

Intellectual Property Rights (IPR) are the legal rights granted by the government to creators, organizations, and inventors to guard their own original works of the mind over an extended period. IPR gives monopoly rights over intellectual inventions, allowing creators to gain financially from their efforts and encouraging ongoing investment in innovation creativity, and knowledge creation. The World Intellectual Property Organisation administers the major

 

 

Q.6. Provide detailed information on the concept and tools of monetary policy. (2+8 = 10 Marks)

Ans 6.

Concept of Monetary Policy

Monetary policy is the policies taken by a nation’s central bank to manage the supply of money in the country, as well as credit availability as well as interest rates within the economy in order to meet macroeconomic goals. In India the policy of monetary management is conducted through the Reserve Bank of India (RBI). Since 2016, India has adopted a flexible framework for inflation targeting under which the primary objective of monetary policy is the maintenance of