MBA Economic and Social Environment June 2007 Paper

MANAGEMENT PROGRAMME Term-End F,xamination June, 2OO7 MS-3 : ECONOMIG AND SOCIAL ENVIRONMENT Time: 3 hours Maximum Morks : 10A (Weishtage 700/a) Note : There are two Seetions A and B.' Attempt any three questions from Sectton A, mrrying 20 marks each. Section B is compulsory and carries 40 marks. SECTION A L.-(a) What is Environmental Movement ? (b) Discuss in detail the policy measures taken by the Government and the efforts made by business firms for promotion and protection of the nafural environment. Give examples. 2. What is the rationale for private sector development ? Critically examine the problems and prospects of privatisation. MS{ 13. What are the long term objectives of planning ? How far have the strategies adopted helped to achieve growth, employement, and equity ? 4' (a) 3j:l1',i,o,i,?o,J:'l:""il"J:::'noo' currencv (b) Discuss the incentives given by the Government to Exporters as a part of EXIM Policy. 5. (a) :?:::discuss the significance and need for financial (b) What reforms have taken place in the Small Scale Sector ? Discuss with examples. MS-36. SECTION B Write short notes : (a) Constituents of Balance of Payments Account of India. {b} Public Sector Policy of Government of India. Read the, case study carefully and answer the question theit follow : Case Study Finolex's Focus on Exports Pune-based Finolex is the rnarket leader in the Indian cable industry providing a range of products. The main activity of .the company is to manufacture and market cables that are used in wide range of electrical and telgcommunication applications. With more competitors entered into the market, Finolex Cables had a difficult year in 2OOZ -03 with sales turnover of Rs. 433 .92 crore and profit after tax of Rs. 24.71 crore being lower than its previous year's figures of Rs. 555-96 crore and Rs. 65'gt4 crore, respectively. The company suff ered a major setback from dwindling demand for its lelly:filled telephone cables (JFTC). As a result, production of communication cables was 3,154 TCKM (Thousand Crore Kilometres) against production of 6,674 TCKM in 7 . MSiS P.T.O.2001 -02, The sales were lower primarily due to substantial reduction in the procurement quantity of JFTC by its major customer, Bharat Sanchar Nigam Limited (BSNL). The top management of the company was earlier happy with the sales in the domestic territory. The company carried out international market research and came to know about the opportunities for sales in overseas markets because most of the countries had opened up their economies and liberalised imports. To overcome domestic stagnation in demand for JFTC, they started exporting this product into foreign countries. The product has been according higher attention in the international markets in the recent years. During 2003 -04, total foreign exchange earnings showed a quantum jump to Rs. 87'38 crore from Rs. 47'3I crore in the previous year Ques tion Discuss the reasons for formulating export business plan by Finolex Cables. MS-3 10,000