Business Organisation

Syllabus

1T2: BUSINESS ORGANISATION

Unit-I

Nature and Scope of Business: Meaning and Definition of Business, Characteristics, Objectives of Business, Classification of Business Activities, Industry, Service, Commerce & Trade. Social Responsibility of Business towards Different Groups.

Unit-II

Forms of Business Units: Meaning, Characteristics, Advantages and Disadvantages of Sole Trader, Partnership, One Person Company, Private Company, Joint Stock Company- Concept, Classification, Service Sector Business: - Meaning, types Including BPO and KPO, Advantage its Role in Economy.

Unit-III

Organization: Meaning, Definition, Concept and Functions of Organisation, Principles of Organisation, Types of Organisation- Line and Staff, Modern types of organisations- Project, Matrix, Formal and Informal Organisation, Advantages and Disadvantages.

Unit IV

Recent Trends in Business Organisation: Internal Constituents of the Business Organisation; key Managerial Personnel (KMP); Chairman- Qualities of a Chairman, Powers, Responsibilities and Duties of a Chairman; Chief Executive officer (CEO), Role and Responsibilities of the CEO; E-Commerce, E-business, E-Banking.