BUSSINESS MANGEMENT B.COM SEMSTER -1

B.Com (Three Years Degree Course) 

B.Com (Honours): (Four Year’s Degree Course)
First Year, First Semester
Subject – Business Administration

• Code of Course: BDM5000T

• Title of the Course: Business Management

• Qualification Level of the Course: NHEQF Level 4.5

• Credit of the Course: 6

• Type of the Course: Discipline Centric Compulsory Course (DCC) in Business Administration

• Delivery Type of the Course:
  Lecture: 75
  Diagnostic Assessment, Formative Assessment, and Subject/Class Activity, Problem Solving: 15
  Total: 90 hours

• Prerequisites: None

• Co-requisites: None

Objectives of the Course

To familiarize the students with the basics of principles of management.

Learning Outcomes

Students will be able to:

• Demonstrate the roles, skills and functions of management.

• Analyze effective application of Business Management knowledge.

• Diagnose/solve organizational problems and develop optimal managerial decisions.

SYLLABUS

UNIT – I:

• Introduction: Meaning, Nature, Principles & Importance of Management

• Schools of Management Thought

• Management by Objectives

• Management by Exception

UNIT – II:

• Planning: Meaning, Importance, Types

• Process Decision- and Decision-making process

• Environmental analysis and diagnosis: meaning, techniques (SWOT/TOWS/BCG Matrix)

UNIT – III:

• Organization: Meaning, Importance, Types

• Structure of organization

• Forms of organization and span of control

• Decentralization and Delegation of Authority

UNIT – IV:

• Motivation: Concept, Importance, Motivation theories – Maslow’s Need Hierarchy, Herzberg’s Two Factor Theory, Vroom’s Expectancy Theory

• Leadership: Concept, Importance

• Major theories of Leadership: Likert’s scale theory, Managerial Grid Theory, Path Goal Theory, Fiedler’s Situational Theory

UNIT – V:

• Control: Concept, process, principles

• Major techniques of Control – Ratio Analysis, ROI, EVA, PERT/CPM (Theory only)

• Management of change, Resistance to change, Horizons of management in a changing environment

Suggested Readings

1. Kuchhal, M.C. (2018). Business Laws. New Delhi: Vikas Publishing House.

2. Arora, Sushma. (2015). Business Laws. New Delhi: Taxmann.

3. Sharma, J.P. and Kanojia S. (2015). Vyavsayik Sanniyam (For Hindi), Delhi University Hindi Cell.

4. Bhushan, Bharat, Kapoor, N.D., Abbi, Rajni. Elements of Business Law. Sultan Chand & Sons Pvt. Ltd.

5. Dagar, Inder Jeet and Agnihotri, Anurag. Business Laws: Text and Problems. Sage Publication.

6. Jagota R. (2019). Business Laws. MKM Publishers ScholarTech Press.

7. Sharma, J.P. and Kanojia S. (2019). Business Laws. New Delhi: Bharat Law House Pvt. Ltd.

8. Singh, Avtar (2018). The Principles of Mercantile Law. Lucknow: Eastern Book Company.

9. Naulakha (2015). Vyaparik Vidhi (Hindi Edition). Mahavir Publication.