Business Organisation and Management

The ways of business keep on changing with time, as students of commerce they should have the latest knowledge about them. The new syllabus of Business Organisation and Management for B.Com. Part I of Allahabad University includes these current topics.

The present book fully covers the new syllabus and presents the matter in a simple to understand language. The topic of Start-up major book for Start-up in the Union Budget for 2019-20 have been included in the book.

Business Organisation and Management Syllabus For B.Com. I Year of University of Allahabad 

1. Introduction: Components and Objectives of Business, Manufacturing and Service Sectors, Impact of Liberalization and Globalization, Start-Up, Make in India and Skill Development Movement.
2. Social Responsibility and Ethics
3. Emerging opportunities in Business: Franchising, Outsourcing, and E-Commerce; Features, Issues, Problems, and Scope.
4. Location of Business Units: Meaning, Importance, and Factors Affecting Location, Weber’s Deductive Theory, Sergeant Florence’s Inductive Theory.
5. Business Combination: Meaning, Causes, Types, and Forms of Combinations, Advantages and Evils of Combination, Combination in Indian Industries.
6. Nature and Scope of Management: Concept of Management, Management as a Science and as an Art, Levels of Management, Role and Responsibility of Management, Evolution of Management Thought–Classical, Neo-Classical and Modern.
7. Functions of Management (a) Planning: Nature, Types, Significance and Limitations, Management by Objective (MBO) (b) Decision Making: Types, Process, Rational Decision Making and its Limitations. (c) Organizing: Concept, Types, Divisions, and Levels: Authority and Responsibility; Delegation of Authority, Centralization, and Decentralization of Authority. (d) Directing: Principles and Techniques. (e) Communication: Process, Levels, Types, and Barriers. (f) Controlling: Process and Methods. (g) Co-ordination: Concept, Techniques, and Barriers.
8. Major Theories of Management: Scientific Management (F. W. Taylor), Administrative Management (Henri Fayol), Behavioural Theory (Elton Mayo).

Business Organisation and Management Book Contents

1. Introduction (Components and Objectives of Business, Manufacturing and Service Sectors, Impact of Liberalisation and Globalisation, Start-Up, Make in India and Skill Development Movement)
2. Social Responsibility and Ethics
3. Emerging Opportunities in Business (Franchising, Outsourcing, and E-Commerce)
4. Location of Business Units
5. Business Combination
6. Management (Nature and Scope)
7. Levels of Management
8. Evolution of Management Thought (Classical, Neo-Classical and Modern)
9. Planning (Nature, Significance and Limitations)
10. Types of Planning
11. Management by Objectives
12. Decision-Making (Types, Process, Rational Decision Making and Its Limitations)
13. Organizing (Concept, Types, Divisions, and Levels)
14. Authority, Responsibility, and Delegation
15. Centralization and Decentralisation
16. Directing (Principles and Techniques)
17. Communication (Process, Levels, and Types)
18. Barriers to Communication
19. Effective Communication
20. Controlling (Process and Methods)
21. Co-Ordination (Concept, Techniques, and Barriers)