Business Government and Society Syllabus MBA Pune University for Academic Year 2013-14

    Subject Name: Business Government and Society

    Subject Type: Generic Elective

    Subject Code: 111

    Marks: 50

    Distribution of Marks: 50 (Internal Marks by College)

    Unit 1

    Roles of Business, Government, and Society: Interdependence and Conflict, Regulation of Business, Functions of State; Economic roles of government; Government and legal environment; Economic roles of

    Government in India; Indian experience with overall and sectoral growth, Intersectoral linkages and role of foreign direct investment The Constitutional environment, Macroeconomic crises: explaining the experiences around the world. ( 5 + 1 )

    Unit 2

    Poverty, Inequality and Economic Growth: Industrial Development, Rural- Urban Dynamics, Population and Development, Finance for Development, Trade and Development, State and the Market, Privatization and Regulation, Institutions and Growth. ( 5 + 1 )

    Unit 3

    Public Private Partnerships: The Rationale for Public Private Partnerships, Different Kinds of Public Private Partnerships with a special emphasis on the Build Operate and Transfer Model (BOT), Issues in Regulation that come about with privatization, Pricing mechanisms available to a regulator to ensure universal access and efficiency, Discussion of the privatization experience in different sectors, water, electricity, telecommunication, and railways with a special emphasis on India. ( 5 + 1 )

    Unit 4

    Multinational Corporations: Perspectives on Globalization, Globalization: The MNC and TNC Organizations, Globalization of Brands, Globalization of the Indian Business and Firms, Coping with Global Competition, Conflict with Nation States.

    Business in a Global Environment: Business as Blending of People Technology and Ethical Behaviour, Achieving Business Success through Social Responsibilities. ( 5 + 1 )

    Unit 5

    Changing Workplace: Influence of demography, influence of technology, gender issues, social justice and affirmative action, Industrial Relations. ( 5 + 1 )

    Text Books

    • Business, Government and Society: A Managerial Perspective by John Steiner, George Steiner, TMGH

    • Business, Government, and Society by Douglas E. Greer, Prentice Hall , 3rd Edition

     Reference Books

    • Business and Its Environment by David P., International Edition, 7th Edition

    Supplementary Reading Material

    • Milton Friedman “The Social Responsibility of Business is to Increase its Profits”, New York Times Magazine, September 13, 1970.

    • Economic Times Daily

    • Business Standard Daily





    • Economic and Political Weekly

    • Corporate Governance

    • Academy of Management Journal

    • Harvard Business Review