The following topics have been added in this new edition :

Models of Business Conduct
Green Index
Impact of Climate Change
Black Economy
Biodiversity
Objective Type Questions
The book is meant for MBA, M.Com, PGDBM, BBA, B.Com. Courses institutes and universities.

Distinctive Features
Lucid, simple and conversational language.
Latest policy guidelines and government regulations.
Full coverage of the latest prescribed syllabi
Summary at the end of every chapter for quick revision.
Tables and diagrams to illustrate the text.
Chapter outline at the beginning of every chapter to provide overview of the chapter contents.
Test questions on the pattern of examination question papers.
Based on the author’s teaching and writing experience of 35 years.

Contents :

Unit I: An Overview of Business Environment
Introduction to Business Environment
Environmental Analysis
Managing Diversity
Nature and Scope of Business
Unit II: Political and Legal Environment
The Constitutional Environment
Functions and Role of the State
Legal Environment
Unit III: Social and Cultural Environment
Demographic Environment
Culture & Business
Business and Society
Social Responsibilities of Business
Business Ethics and Values
Corporate Governance
Unit IV: Economic Environment
Economic Systems
Economic Planning
Economic Parameters
Economic Policies Unit V: Financial Environment
Indian Financial System
The Reserve Bank of India
Commercial Banking
Financial Institutions
Stock Exchange and SEBI
Unit VI: Natural and Technological Environment
Natural Environment
Technological Environment
Unit VII: Global/International Environment
Globalisation
Foreign Direct Investment
Multinational Corporations
India WTO and Trading Blocks
Unit VIII: Industrial & Labour Environment
Public Enterprises & Privatisation
Small Scale & Cottage Industries
Industrial Sickness
Industrial Labour in India