Business Organization & Management

Syllabus

BCOM 101-18 Business Organisation and Management

Course Objective: To Acquaint the Students with the Fundamentals of Managing Business. It Focuses on the Basic Roles, Skills and Functions of Management, with Special Attention to Managerial Responsibility. The course will use and Focus on Indian Experiences, Approaches and Cases.

Unit – I

Basic and Special forms of Business Ownership: Franchising, Licensing, Leasing; Corporate Expansions: Mergers, Acquisitions, Diversifications, Forward and Backward Integration, Joint Ventures, Strategic Alliance.

Management: Meaning, definitions, nature and scope, functions of management. Managerial roles and skills. Evolution of Management Thoughts and Thinkers, Scientific Management, General Administrative theories, Quantitative Approach, Behavioral Approach, Systems Approach, Contingency Approach.

Unit – II

Planning: Nature, Scope, Objectives, and Types of Plans, Planning Process, Business Forecasting, Concept and Process of MBO, Strategic Planning.

Decision–Making: Process, Types and Techniques.

Unit – III

Organising: Concept, Nature, Types, Process, Formal and Informal Organisations, Organisation Structure, Different forms of Organisational Structure, Factors Affecting Organisation Structure, Features of a good Organisation, Conflict Management and Coordination – Types, Techniques. Departmentation: Concept and Bases.

Authority: Definition, Types, Responsibility and Accountability, Delegation, Decentralisation v/s Centralisation, Determinants of Effective Decentralisation. Line and Staff Authority.

Staffing: Concept, Nature, Importance and Process of Recruitment and Selection.

Unit – IV

Control: Function, Process and Types of Control, Significance and Span of Control. Social Responsibility of Business, Approaches for Measuring CSR, Business Ethics, Ethical Dilemma

Modern Management Techniques: Introduction, Business Process
Reengineering, Business Outsourcing, Benchmarking, Six Sigma, Knowledge Management,