GEETANJALI INSTITUTE OF TECHNICAL STUDIES

DEPARTMENT OF MANAGEMENT STUDIES

LEGAL AND BUSINESS ENVIRONMENT (M-201)
Assignment 2

Date of Issue: 23rd April, 2024 Date of Submission: 14th May, 2024

1. Write short note on: CO1

i. Trademarks
ii. Copyrights
iii. Trade Secrets
iv. Geographical Indications
v. ADR

2. “Arbitration and Conciliation, both ADR methods, entail third-party resolution of legal
disputes outside traditional court litigation, yet they possess unique characteristics
distinguishing one from the other.” Comment CO5

3. Explain the structure of consumer redressal agencies, detailing their three-tiered system. CO2

4. How does the interaction between internal and external environments impact business
operations and strategic decision-making? CO3

5. What are the key features and implications of Liberalization, Privatization, and Globalization
(LPG) in India? CO4

6. What are the main components of India's economic and monetary policies, including the role
of Micro, Small, and Medium Enterprises (MSMEs) and institutions like SIDBI? CO4

7. What are the current trends and challenges in globalization, particularly in terms of foreign
trade, balance of payments, exchange rates, and India's competitiveness in the global
economy? CO4