UNIT 1 BUSINESS ORGANISATION AND MANAGEMENT

Business Fundamentals 

Meaning of Business  FREE
Characteristics of Business   FREE
Divisions of Business: Industry  FREE
Divisions of Business: Commerce   FREE
Divisions of Business: Trade  FREE
Objectives of Business
Social Responsibilities of Business
Business Ethics
Corporate Governance
Evolution of Business

Forms of Business Organisation 

Sole Proprietorship
Hindu Undivided Family (HUF)
Partnership
Limited Liability Partnership (LLP)
Joint Stock Company
Co-operative Organisation
Government Organisation
Comparison of Forms of Business Organisation
Advantages & Disadvantages of Different Business Forms
Selection Criteria for Form of Business Organisation

Business Location and Combinations 

Factors Influencing Location of a Plant
Meaning of Business Combinations
Types of Business Combinations
Forms of Business Combinations
Advantages and Limitations of Business Combinations

Small Businesses and Groups

Micro Enterprises – Features and Role
Small Enterprises – Features and Role
Medium Enterprises – Features and Role
Self Help Groups – Concept and Importance

Management Concepts 

Meaning and Nature of Management
Levels of Management
Evolution of Management Thought
Planning – Definition and Process
Decision Making – Types and Process
Organising – Principles and Process
Power and Authority – Concepts and Types
Coordination – Meaning and Importance
Staffing – Process and Functions
Directing – Elements and Importance
Functions of Management: Motivation, Leadership, Communication, and Controlling
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