14MBA24 Business, Government and Society syllabus for MBA


Unit-1 The Study of Business, Government and Society (BGS) 8 hours

The Study of Business, Government and Society (BGS): Importance of BGS to Managers –Models of BGS relationships – Market Capitalism Model, Dominance Model, CountervailingForces Model and Stakeholder Model – Global perspective – Historical Perspective.

Unit-2 Corporate Governance 8 hours

Corporate Governance: Introduction, Definition, Market model and control model, OECD oncorporate governance, A historical perspective of corporate governance, Issues in corporategovernance, relevance of corporate governance, need and importance of corporate governance,benefits of good corporate governance, the concept of corporate, the concept of governance,theoretical basis for corporate governance, obligation to society, obligation to investors,obligation to employees, obligation to customers, managerial obligation, Indian cases

Unit-3 Public Policies 4 hours

Public Policies: The role of public policies in governing business, Government and publicpolicy, classification of public policy, areas of public policy, need for public policy in businessand levels of public policy.

Unit-4 Environmental concerns and corporations 8 hours

Environmental concerns and corporations: History of environmentalism, environmentalpreservation-role of stakeholders, international issues, sustainable development, costs andbenefits of environmental regulation, industrial pollution, role of corporate in environmentalmanagement, waste management and pollution control, key strategies for prevention of pollution,environmental audit, Laws governing environment.

Unit-5 Business Ethics 8 hours

Business Ethics: Meaning of ethics, business ethics, relation between ethics and business ethics,evolution of business ethics, nature of business ethics, scope, need and purpose, importance,approaches to business ethics, sources of ethical knowledge for business roots of unethicalbehaviour, ethical decision making, some unethical issues, benefits from managing ethics atworkplace, ethical organizations

Unit-6 Corporate Social Responsibility 6 hours

Corporate Social Responsibility: Types and nature of social responsibilities, CSR principlesand strategies, models of CSR, Best practices of CSR, Need of CSR, Arguments for and againstCSR, CSR in Indian perspective, Indian examples.

Unit-7 14 hours

Business Law: Law of contract - meaning of contract, agreement, essential elements of a validcontract. Law of agency- meaning, creation and termination of agency. Bailment and Pledge -meaning, rights and duties of bailor and bailee.Sale of Goods Act 1930: Definition of Sale, Sale v/s Agreement to Sell, Goods, Condition andWarranties, Express and Implied Condition, “Doctrine of Caveat Emptor”, Right and duties ofUnpaid Seller.Meaning, scope and objectives of - Intellectual property law, law relating to patents, law relatingto copyrights, law relating to trade mark.

Last Updated: Tuesday, January 24, 2023