Business Environment in Nepal Syllabus - BBA (TU)

Course Objectives

This course examines the economic, social, political, and legal interfaces between the business institution (especially the corporation) and the environment. The course intends to provide students with an overview of the environmental forces within which business must operate, and an understanding of some of the analytical tools that managers use to solve business and economic problems. The focus is to enable students to identify, understand and evaluate the environmental forces causing change in business performance and future strategic options.

Course Description

The   topics   include   socio-economic,   political-legal,   technological,   and  global business environment, business-government relations, performance of industry and agricultural sectors, and financial sector policy reforms.

Course Details

Unit 1: Introduction                                                                                                                                                LH5

Business and its environment, types of business environment, environmental analysis - process and techniques, scanning methods, use of environmental analysis in strategic management.

Unit 2: Macroeconomic Environment                                                                                                                                             LH 15

Dimensions of the economy, major problems and challenges facing Nepalese economy, employment trends and labour market issues, migration and foreign employment, economic                   development   plans,              industry   and                   agricultural                  sectors-performance and emerging challenges, economic policies and reforms - industrial policy, privatization policy, trade policy, tourism policy, and monetary policy; liberalization of the Nepalese economy and capital market reforms, factors contributing to competitive business environment in Nepal.

Unit 3: Political-Legal Environment                                                                                                                                                  LH 8

Political structure in Nepal, political parties, Nepalese Constitution, Government and its branches,                          business-government   relations,                   risks                                                involved              with   Nepalese                   political environment and the emerging issues, an overview of business legislation in Nepal, legislations relating to labour, finance, investment, intellectual property, e-business, and consumer protection.

Unit 4: Socio-cultural Environment                                                                                                                                                  LH 5

Components of socio-cultural environment, family structure and social organizations, class structure and classification, socio-cultural changes and their effects on business.

Unit 5: Technology and Energy Management                                                                               LH 4 Business and technology, current status of technology, technology transfer issues, IT Policy of Nepal, natural environmental issues, energy situation in Nepal, environment and                energy                       management       issues                            in                       Nepal.

Unit 6: Global Business Environment                                                                                                                                             LH 8

Concept of globalization – trends and issues, regional grouping of nations, regional trade agreements in South Asia – SAARC, SAPTA, SAFTA and BIMSTEC, foreign direct investment in Nepal, WTO and Nepal.

Basic Books

Pant, Prem R. Fundamentals of Business Environment in Nepal, Buddha Academic Enterprises.

Agrawal, Govind. Dynamics of Nepalese Business Environment. M. K. Publishers. Business Legislations and related publications of the Government of Nepal.