KMBN201 Business Environment and Legal Aspects of Business UNIT 1 INTRODUCTION TO MICRO ENVIRONMENT Meaning of business? Business Environment, Types of business organizations SWOT analysis, Types of Environment, Internal to the Enterprises ,value system, and nature Physical Assets and Facilities,Research and development and Intangibles, Management Structure Human Resources and Company image,Brand Value,External to the Enterprises, Micro: Supplier, customers, and Market intermediaries Macro: Demography, Natural, Legal and political, and Technological,Michael porter's five forces analysis, Competitive Strategies UNIT 2 Macro: Economy Social culture, competition, and International environment Economy, Competitions, and Social Culture International Business Environment refers to Global integrations, Competitive analysis of the Business environment: India and other countries Factor affecting international business environment, Business policy, LPG model, International forces in business UNIT 3 Laws of contract: definitions, essentials and Types of contract Types of Contract: Offer definitions and essentials Acceptance definition and essentials Considerations, definition and essentials Exceptions to the Rules No Considerations and No Contract,The doctrine of privity of Contract, Capacity of parties Free consent Quasi Contract, Legality of object, Performance of Contract Termination of Contract, Remedies for breach of contract UNIT 4 Companies Act: Definition and Characteristics, Kinds of Company, Steps in the formation of the Company Memorandum of associations Articles of associations, Prospectus Companies Directors: Appointment, power Companies directors: duties and liability Resolutions and Types Meetings and Types Auditor Appointment, Auditors Rights, Auditor Liabilities, Modes of Winding up of a company UNIT-5 Consumer protections act definitions, Aims, and objective,Consumer protection councils Redressal agencies and penalties for violations, The information Technology act,2000 definition Digital signature,Electronic Governance,Attributions, Acknowledgments, and Dispatch of electronic records Regulations of certifying authorities,Digital signature certificate, Duties of subscribers Penalties and Offences
