Business Organisation and Management

As amended by the Companies (Amendment) Act, 2020 and Rules framed thereunder. Provisions of the Companies Act, 2013 have been incorporated in the chapter on Joint Stock Company and One Person Company.
Limited Liability Partnership (Amendment) Act, 2021 as passed by both the Houses of Paliament in August, 2021 has been incorporated in the book.

Business Organisation and Management Syllabus For B.Com. Second Semester of Various Universities of Bihar

1. Business : Concept, meaning, features, stages of development of business and its importance classification of Business Activities. Meaning features, importance, objectives of Business Organisation, its types & kinds, Difference between Trade, Industry & Commerce.
2. Promotion of Business : Consideration in establishing a New Business, Qualities of a successful Businessman. Forms of Business Organisation. Sole proprietorship, Partnership, J.S. Companies, Cooperatives and their characteristics, relative merits & demerits, Distinction between private and public company concept of one person company.
3. Plant Location : Concept, Meaning, Importance, Factors affecting plant location, size of a Business unit : Criteria for measuring the size, factors affecting the size, optimum size and factors determining the optimum size.
4. Principles and Functions of Management : Management—Meaning and Characteristics. Fayol’s 14 Principles of Management. Functions of Management, Levels of Management—Skills of Management. Scientific Management—Meaning, objectives, relevance and criticism,
5. Business Combination : Meaning, characteristics objectives, Causes, Forms and Kinds of Business
   Combination. Rationalization : Meaning, Characteristics, Objectives, Principles, Merits & Demerits.

Business Organisation and Management Contents:-

1. Business (Concept, Meaning, Features And Stages Of Business Development)
2. Promotion Of Business (Considerations In Establishing New Business)
3. Qualities Of A Successful Businessman
4. Forms Of Business Organisation And Sole Proprietorship
5. Partnership (Including Limited Liability Partnership)
6. Joint Stock Company And One Person Company
7. Co-Operative Organisation
8. Plant Location
9. Plant Layout
10. Size Of Business Unit
11. Business Combination
12. Rationalization
13. Social Responsibility Of Business
14. Organization (Principles Of Organization)
15. Management (Meaning And Characteristics)
16. Development Of Management Thought (Scientific Management, Fayol’S 14 Principles)
17. Functions Of Management
18. Levels Of Management
19. Skills Of Management