Course info

Syllabus:

Unit-1
The Law of Contracts and Sale of Goods
Importance of legal knowledge to managerial personnel and entrepreneurs.
Indian Contract Act, 1872:
General rules relating to formulation of contract,
Performance and discharge of contract,
Breach of contract and remedies for breach of contract,
Special Contracts (brief mention): Meaning, Parties involved and essentials of contract of Bailment, agency, indemnity and guarantee.
Sale of Goods Act, 1930: General principles, Implied conditions and warranties, transfer of ownership.
E- Contracts & E-Signatures: meaning, types, benefits of E-contracts, Foundational Principles from the Indian Contract Act, 1872. Digital signature: meaning and Certifying Authorities.

Unit-2
Corporate Law & Intellectual Property Rights Formation, Features & Core Concepts of Company
The Company: Meaning, Types & Features,
Company Formation & Constitutional Documents MOA and AOA,
Winding up of Company.
Intellectual Property Rights (IPRs):
Overview of Copy right, Trademark, Patents.
Importance of IPRs for business innovation and competitiveness.
Registration of IPRs (basic process).
Remedies for Infringement of IPRs. Simplified Compliance for Start-ups: Government initiatives for ease of doing business.

Unit-3
Macro Business Environment & Economic Landscape
Introduction to Business Environment: Definition, characteristics, Components, Significance of business environment, Stages of Environment analysis.
Economic Environment: Meaning, New Economic policy 1991, its features (Liberalization- Privatization- Globalization), Impact of Economic policy changes on business and industry.
Socio-Cultural Environment: Meaning, Impact of Socio-cultural Environment on business, Social responsibility of business.
Technological Environment: Meaning, features, Impact of technology.
Natural Environment: meaning, Impact of natural environment, Introduction to Air pollution, Water pollution, soil pollution, Global warming,
Digital Public Infrastructure (DPI) & India Stack:
Impact of UPI, Aadhaaron India's economic landscape and digital inclusion.

Unit-4
Global and Political Business Environment Globalization of Business: Meaning, features, stages, essential conditions for globalization, Globalization of Indian Business Why do companies go Global? Challenges for local businesses.
Environment for MNCs: Meaning, merits & demerits of MNCs, Indian MNCs
Foreign Trade and Investment: Foreign Trade Policy, Promotional measures, Export Promotion, Introduction to Export Processing Zones-Special Economic Zones- Export Houses.
Political and Legal Environment: Meaning, Responsibilities of government to Business, Responsibilities of Business to Government.