MI4202 Business Organisation Syllabus:
MI4202 Business Organisation Syllabus – Anna University PG Syllabus Regulation 2021
COURSE OBJECTIVES:
The purpose of this paper is to impart to the students an understanding of the basic concepts in commerce, trade and industry and various forms of business organisation. Prepare them to face emerging challenge of managing business.
UNIT I INTRODUCTION
Meaning and definition of business, essentials & scope of business, business as a system. business and profession. Classification of Business Activities, distinction between business, commerce and trade. Meaning, Definition, Characteristics and objectives of Business Organisation, Evolution of Business Organisation. Business and its Environment – Social Responsibility of a business firm.
UNIT II LOCATION OF INDUSTRY
Location of industry- Factors influencing location- Size and scale of operation- Optimum firms – Advantages &- Disadvantages of large scale operations – small scale operations- Industrial Estates and District Industries Centre.
UNIT III FORMS OF BUSINESS ORGANISATION
Forms of Business Organization • Sole proprietorship – meaning, characteristics, advantages and limitations, suitability of sole proprietorship form of business organization. • Partnership – meaning, characteristics, advantages and limitations, types of partners, suitability of partnership form of business organization. • Joint Hindu family firm • Cooperative Society – meaning, characteristics, advantages and limitations, types of cooperative societies, suitability of cooperative form of business organization.
UNIT IV JOINT STOCK COMPANY
Joint Stock Company – meaning, characteristics, advantages and limitations, suitability of company form of business organization. Types of Joint Stock Company – Public Limited Companies, Private Limited Companies, Government Companies, Multinational Companies -Public Utilities and Public Enterprises.
UNIT V BUSINESS COMBINATIONS
Business Combination- Meaning ,Causes, Objectives, Types and Forms. Advantages and disadvantages. Mergers, Takeovers and Acquisitions- Trade associations and chamber of commerce.
Total: 45 PERIODS
COURSE OUTCOME:
The student will understand the modern business practices, forms, procedures and functioning of various business organizations
BOOKS RECOMMENDED:
1. Fundamentals of Business Organisation and Management by Y.K. Bhushan, Sultan Chand & Sons, 2013.
2. Tulsian, P.C.; Business Organisation & Management, Pearson Education, NewDelhi 2002.
3. R.C Bhatia, Business Organisation & Management, ANE Books 2000.
4. C.D.Balaji and G.Prasad – Business Organization, 2012, Margham Publications.
5. R.C.Bhatia,Business Organisation & Management,2012,Tax Mann Publications Pvt Ltd