Business Environment Important Questions
BCOM 4th SEM NEP 2025 Syllabus
Unit 1 Part A: introduction to Business Environment
Q. What do you mean by business environment? What are its
features? Explain its importance. 2011,
12, 15, 17
Q. Discuss the internal and external (micro and macro)
factors of business environment. 2011, 2013, 2015
Q. What is SWOT analysis? Explain its techniques and
Importance. 2012, 14, 16
Q. What is Environmental Scanning? Mention its significance.
What are various factors of environmental scanning?
Q. Examine the significance of economic policies and
decisions in Business organisations?
Q. What is ethical issues in business? What ethical issues faced by business in business? How these can be resolved?
Unit 1 Part B: Economic Environment
Q. What are the characteristics of Indian economy? Explain
in detail various factors affecting economy.
Q. Write a brief note on Indian economic policy 1991. Discuss
the salient features of New Industrial Policy (1991) of India. 2013, 14, 16, 17, 18
Q. What is liberalization? What are features, merits and
demerits? Explain its impact.
Q. What is Privatization? What are features, merits and
demerits? Explain its impact. 2012,
2015, 2017
Q. What is Globalization? What are features, merits and
demerits? Explain its impact. 2012, 2015
Q. What is digitization of Indian economy? Explain its
impact (positives and negatives) on the Indian economy and business.
Q. Write short note on: Economic resources, SWOT
Unit 2: Elements of Business environment (Internal and
External)
Q. What are various elements of business environment?
Explain in detail.
Q. What are various elements of internal business
environment? Explain in details various elements internal to the enterprise.
Q. What are various elements of external business
environment? Explain in details various elements external to the enterprise.
Q. What is economic environment? What are its essential
elements?
Q. Write short notes on: Competitive advantage,
Technological environment.
Unit 3: Emerging Trends in Business Concepts
Q. What is Franchise and Franchising? Mention its features,
merits and demerits.
Q. What is Business Process Outsourcing (BPO)? Mention its
features, merits and demerits.
Q. Who are aggregators? What are their various types?
Explain the challenges faced by aggregators.
Q. What is Knowledge Process Outsourcing (KPO)? Mention its
features, merits and demerits.
Q. What is E-Commerce? What are its various types? Mention
its features, merits and demerits.
Q. What is digital economy? Mention its features, merits and
demerits.
Q. Write short note on: Asset light model, incubator, Types
of e-commerce
Q. Distinguish between:
a) Franchising, Distributorship, and Agency
b) E-commerce and traditional business
Unit 4: Elements of Information Technology Act
Q. What is Cyberspace? Explain its features. Distinguish
between cyberspace and physical world.
Q. Write a brief note on evolution of cyber laws. Explain
its scope.
Q. Write a detail about various types of cybercrime.
Q. What are the features of IT Act, 2000? Mentions its aims
and objectives. (Students must learn various definition under IT Act 2000.)
Q. What is digital signature? Explain its purpose. What are
the conditions to secure digital signature?
Q. What is financial scam? Explain its impact on Indian
economy. How these scams can be controlled?
Q. Explain various provisions of IT Act 2000 relating to
control and regulation of certifying authorities under IT Act.
Q. Explain the provision of IT Act 2000 relating to
Adjudication by Adjudicating officer and by Cyber Appellate Tribunal.
Q. Who can appeal to Cyber Appellate Tribunal? What are the
powers of Cyber Appellate Tribunal? Explain the provisions of IT Act 2000
relating to Cyber Appellate Tribunal.
Q. Write short notes on: Data protection, e-governance and
electronic record.
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