1. What is BE. Explain the significance of business environment.

(5 marks)

2. Describe the various components of external environment that influence the business policy of an organization. (5 marks)

3. “The Industrial Policy of 1991 makes a clear departure from the Industrial Policy of 1956”. Comment. (5 marks)

4. Write short note on:-

a) MRTP Act (2 marks)

b) LPG Policy (3 marks)