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FOUNDATION PROGRAMME - ICSI

ISTUDY MATERIALFOUNDATION PROGRAMMEBUSINESS ENVIRONMENTAND LAWPAPER 1 ICSI House, 22, Institutional Area, Lodi Road, New Delhi 110 003tel 011-4534 1000, 4150 4444fax +91-11-2462 6727email THE INSTITUTE OF COMPANY SECRETARIES OF INDIATIMING OF HEADQUARTERSM onday to FridayOffice Timings to Dealing TimingsWithout financial transactions to financial transactions to , Typesetting by AArushi Graphics, Prashant Vihar, New Delhi, andPrinted at MP Printers/June 2017iiiiiFOUNDATION PROGRAMME IMPORTANT NOTEThe study material has been written in lucid and simple language and conscious efforts have been made toexplain business environment, different forms and functions of organizations, basic elements of businessand mercantile laws and concept of entrepreneurship.

Role of Small Scale Industries in the Indian Economy 66 Large scale enterprises 67 Public enterprises 67 Meaning of Public Enterprises 68 Characteristics of Public Enterprises 68 Organisation of Public Enterprises 69 Development of Public Enterprises in India 69 Performance of Industry 74 Multinational Corporations (MNCs) 75 Why the drive for ...

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