BM-152: BUSINESS ORGANISATION
OBJECTIVE:
To introduce the concepts of business, industry, trade and commerce to the business management students.
UNIT I
NATURE, SCOPE AND FORMS OF BUSINESS
Meaning. Nature. Scope. Objectives. Essentials of a Successful Business.
Forms:
Sole Proprietorship: Definitions. Features. Merits and Demerits
Partnership: Definitions. Features. Types. Merits and Demerits
Company: Definitions. Features. Types, Merits and Demerits
Co-operatives: Definitions. Features. Types. Merits and Demerits
Public Enterprises:
Department Undertaking: Definitions. Features. Merits and Demerits
Public Corporation: Definitions. Features. Merits and Demerits
Government Companies: Definitions. Features. Merits and Demerits 12 hrs.
UNIT II
BUSINESS COMBINATIONS
Meaning. Definitions. Causes. Types of Combinations. Forms of business combinations. Evaluation of business combination. 12 hrs.
UNIT III
SOURCES OF FINANCE
Type!1 of Business Finance- Long. Medium. Short Term
Sources of Corporate Finance- Issue of Shares. Public Deposits. Debentures. Retained Earnings. Institutional Financing. Objects. Scope. Functions and forms of assistance.
Sources of Short Term Finance: Trade Credit. Bank Credit. Inter company Loans. Lease Finance. Accounts Receivable Financing. Customer Advances. 12 hrs.
UNIT IV
ELEMENTS OF INSURANCE
Meaning. Significance. Principles. Types
Life Insurance: Terms and Conditions. Types
Fire Insurance: Features. Types and Procedures for C]ail1l
Marine Insurance: Features. Types. Clause_;. Warranties and Marine Losses Miscellaneous Types of Insurances
12 hrs.
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Total 48 hrs.
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BOOKS FOR STUDY & REFERENCE:
1. S.A. Sherlekar - Business Organisation
2. C.B. Gupta - Business Organization and Management
3. M.C. Shukla - Business Organisation
4. Dr. S.C. Saxena - Business Administration
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