Basics of Business and Management : For University of Calicut's (B.Com/B.B.A Programme)

Cover
Syllabus of the University of Calicut
Contents
Preface
About the Author
Chapter 1: Economic Systems and Business Organization
	Economic Systems
	Central Problems of Every Economic System
	Division of Labour
	Innovation
	The Different Economic Systems
		Capitalism
		Socialism
		Mixed Economy
	Forms of Business Organization
	For-profit Business Organizations
		Sole Proprietorship
		Hindu Undivided Family Business
		Cooperative Organizations
		Trusts
		Partnership Firm
		Joint Stock Companies: A Corporate Entity
		Private Enterprises
		Public Enterprises
		Joint Ventures
	Nonprofit Organizations
		Problems Faced by NPOs
	Business Examples in Different Sectors of the Economy
		Primary Sector: Agriculture
		Secondary Sector: Manufacturing
		Tertiary Sector
	Exercises
	References
Chapter 2: The Role of Business in Economic Development
	Introduction
	Concept of Economic Development
	Contribution of Business to the Development of a Society
	The Indian Development Experience in the Post-Colonial Period
		The Early Phase of Development Strategy
		Development Strategy and Experience in the 1960s
		Development Strategy and Experience in the 1970s and 1980s
		Development Strategy and Experience During Liberalization and Globalization
	The Role of the Public Sector in India
		Changing Role of the Public Sector in India
	The Role of the Private Sector in India
	The Different Stakeholders of Business Firms
		Owners
		Managers
		Employees
		Marketing Intermediaries and Suppliers
		Customers
		Financial Institutions
		The Public
	Emergence of Managerialism and The Management Boom
	Role of Corporate Governance
		Best Practices in Corporate Governance
	Alternative Goals of Business
	Shareholder Value Maximization Model
		Value Creation and Dividend
		Limitations of the Value Maximization Model
	Goals for the Public Sector
	Goals for the Cooperative Sector
	Goals for Nonprofit Enterprises
	Government Regulation of Business
		Objectives
		Methods of Regulation
	Exercises
	References
Chapter 3: Establishing a Businessand Entrepreneur Heuristics
	Establishing a Business Venture
		Factors to Be Considered for Starting a Business
	Entrepreneurship
		Meaning and Origin of Entrepreneurship
		Factors Affecting Entrepreneurial Supply
	Intrapreneurs—An Emerging Class
	Mobilization of Financial Resources for Business
	Domestic Savings in India
		Individual/Household Savings
		The Private Corporate Sector
		The Public Sector
		Factors Affecting Savings
		Loans and Advances
	Sources of Funds
	Raising Money through Financial Markets
		Money Market
		Capital Market
	Types of Business Finance: Short Term and Long Term Finance
		Long-term Finance/ Fixed Capital
		Factors affecting the fi xed capital requirement of a business
		Medium-term Finance/Medium -term Capital
		Short-term Finance/ Working Capital
		Factors affecting the working capital requirement of a business
	Lending Institutions for Business: Banks and Non-Bank Financial Institutions
		Banks
		Non-Banking Finance Companies
	Cost of Capital
	Documenting Funding Sources
	Areas of Expenses
	Accounting and Accounting Practices
		The Accounting Process
		Accounting Standards
	Returns on Investment
	Factors of Production and their Rewards
		Land
		Rent: The Reward for Land
		Labour
		Wages: The Reward for Labour
		Capital
		Interest: The Reward for Capital
		Profit: The Reward for Entrepreneurship
	Payment of Taxes at the National and State Levels
	Funds from Primary and Secondary Markets
		Primary Market or New Issue Market
		Methods of Issue of New Securities
	Stock Exchanges (Secondary Markets in India)
	History of Stock Exchanges
		Characteristics of the Stock Exchange
		Organization of a Stock Exchange
		Role and Functions of Stock Exchanges
	Stockbroking
		Stock Exchange Cues
	Exercises
	References
Chapter 4: Functioning of Organizations andRole of Technology
	The Role of Trained Manpower
		Trained Manpower at the Individual and Family Level
		Trained Manpower at the Organizational and National Level
	Functioning of Organizations
	The Role of Human Resources
	Management Problems in Small, Medium, and Large Organizations
	Quality of Life
		Quality of Work Life
	Production of Tangible and Intangible Products
		Tangible Products
		Industrial or Business Products
		Intangible Products
	Role of Marketing in Business
	Role of Marketing in Economic Development
	Trends in Marketing
	Market Conditions: Perfect and Imperfect Markets
		Business in a Competitive Market: Impact on Prices and Profit
		Business in an Imperfect Market: Impact on Price and Profit
	Use of Technology in Organizations
		Impact of Technology on Organizations
		Business Models in the Era of Information Technology
	Electronic Storage and Retrieval of Business Data
		Primary Memory
		Secondary Memory
		Structured and Unstructured Data
		Data Organization
		Database Management System
		Data Warehousing and Data Mining
	User-Friendly Software
	Exercises
	References
Chapter 5: Learning Business Information
	Business Information
	Reading Techniques
		Strategies for Active Reading
	Individual and Team Presentations
	Listening to Lectures and Presentations
		Active Listening Techniques
	Field Studies
	Case Studies
	Student Seminars and Conferences
	Project Report
		Structure of the Project Report
	Posing Problems for Investigation and Research
	Primary and Secondary Sources of Data
		Primary Data
		Secondary Data
	Tabulation
		Cross Tabulation
	Diagrammatic Representation of Data
		One-dimensional Bar Diagrams
		Simple Bar Diagram
		Multiple Bar Diagram
		Sub-divided Bar Diagram
		Two-dimensional Diagrams
		Pie Diagram
		Pictograms and Cartograms
	Deducting Inferences
	Reporting Results and Suggesting Executive Action
	Exercises
	References
	Model Question Paper