BBA UP Unified Syllabus (UP State Universities), Second SemesterSyllabusBUSINESS ENVIRONMENTUnit IConcept, Significance, Components of Business Environment, Factor Affecting Business Environment, Social Responsibilities of Business. Unit IIEconomic Systems – Capitalism, Socialism, Communism, Mixed Economy – Public Sector and Private Sector. Unit IIIIndustrial Policy – Its Historical Perspective (In brief); Socioeconomic Implications of Liberalization, Privatization, Globalization. Unit IVRole of Government in Regulation and Development of Business; Monetary and Fiscal Policy; EXIM Policy, FEMA. Unit VOverview of International Business Environment, Trends in World Trade – WTO – Objectives and Role in International Trade.