Business Environment In Nepal PU Spring 2024 question paper

Define task environment.

Differentiate between SAPTA and SAFTA.

List out two instruments of monetary policy.

Mention the two environmental issues in Nepal.

Outline the four political risks in Nepal.

List out the components of Socio-Cultural Environment.

List any four import and export-oriented industries of Nepal.

Write any four constitutional bodies of Nepal.

Define liberalization.

Define Favour Nation clause of WTO. Section “B” Descriptive Answer Questions Attempt any six questions. [6x10]

Define the business environment. Explain the major ongoing changing business environment in Nepal.

What is Privatization? Discuss the various method of privatization with examples. 13. How does socio-cultural environment affect business decision-making? Give a brief account of the nature of social culture environment prevailing in Nepal. 14. What is technology transfer? Nepal is still backward in technology adoption, what could be the technology management issues in context of Nepal? Give your arguments. 15. Write the feature of Foreign Investment and Technology Transfer Act (FITTA), 2019? Does it help to increased the FDI in Nepal? Write with considering current provision of FITTA 2019. 16. Elucidate the governmental influence on fostering business growth within our nation. 17. Define economic system. What are the major problems and challenges facing by Nepalese economy? What could be possible solution for such problem give your logical arguments? ac free reanone me] lof2 Section “C” Case Analysis 18. Read the case situation given below and answer the questions that follow: [20] Wai Wai Noodles, a popular instant noodle brand originating from Nepal, has a significant market presence in South Asia, including India, Bhutan, and Bangladesh. Known for its distinctive taste and affordability, Wai Wai has cultivated a loyal customer base over the years. However, the brand recently found itself at the center of a controversy that has impacted its reputation and market share. In late 2023, a consumer protection organization in India conducted tests on various instant noodle brands for compliance with food safety standards. The results indicated that several batches of Wai Wai Noodles contained higher-than-permitted levels of monosodium glutamate (MSG) and lead. This discovery led to widespread media coverage, consumer backlash, and regulatory scrutiny. The Indian Food Safety and Standards Authority (FSSAI) issued a notice to the manufacturer, CG Foods India, demanding an explanation and immediate corrective actions. Additionally, several states in India temporarily banned the sale of Wai Wai Noodles pending further investigation. This incident not only affected the sales in India but also raised concerns in other markets where Wai Wai is popular. The allegations significantly damaged consumer trust. Many loyal customers started questioning the safety of the product, leading to a decline in sales. Increased scrutiny from food safety authorities in other countries where Wai Wai is sold. The brand's image took a hit, impacting its market positioning and brand equity. The controversy led to financial losses due to the temporary bans, recalls, and reduced sales.CG Foods have not responded in Nepal by disputing the test results, claiming their internal quality checks complied with all regulatory standards. They have committed to enhancing their quality control processes. They have also launched a public relations campaign to reassure customers about the safety of their products. Questions:

• a) What were the primary factors that contributed to the controversy surrounding Wai Wai Noodles?
• b) How did the controversy impact the competitive landscape in the instant noodle market?
• c) What are the long-term implications of this controversy for Wai Wai Noodles in terms of regulatory compliance and market strategy?
• d) In what ways can the company leverage technology to prevent similar incidents in the future? friVieroEnotes ep 2of2