1. Principles of
Management
Content:
This chapter discusses the fundamental principles of management as outlined by
management theorists like Henri Fayol. Topics include division of work,
authority and responsibility, discipline, unity of command, unity of direction,
and others.
Objective:
To understand the core principles that guide managerial activities and decision
making in organizations.
2. Functions of Management
Content:
Covers the five major functions of management: planning, organizing, staffing,
directing, and controlling. It provides a detailed explanation of each function
and its role in achieving business Objectives.
Objective:
To comprehend the essential functions that managers perform to ensure smooth
operations and goal attainment in an organization.
3. Entrepreneurship Development
Content:
Focuses on the development of entrepreneurial skills, characteristics of
entrepreneurs, and the importance of entrepreneurship in economic development.
It also covers government schemes that support new ventures.
Objective:
To encourage students to understand the entrepreneurial mindset, the challenges
faced by entrepreneurs, and the support systems available for business
startups.
4. Business Services
Content:
Discusses various business services such as banking, insurance, transportation,
warehousing, and communication. It explains how these services support business
operations and improve efficiency.
Objective:
To familiarize students with the key services that businesses rely on and how
these services contribute to the overall success of a company.
5. Emerging Modes of Business
Content:
Explores new and evolving forms of business operations such as ecommerce, ebusiness,
outsourcing, and business process management. The chapter highlights the impact
of technology on traditional business models.
Objective:
To understand the shift from traditional business models to modern, technologydriven
business practices, and how companies adapt to these changes.
6. Social Responsibilities of Business
Content:
This chapter discusses the concept of Corporate Social Responsibility (CSR),
the importance of ethical business practices, and the role of businesses in
contributing to the welfare of society.
Objective:
To instill an awareness of the moral and ethical obligations businesses have
toward society and the environment.
7. Consumer Protection
Content:
Explains consumer rights and responsibilities, the Consumer Protection Act, and
the mechanisms available for consumer redressal. It also covers the role of
consumer organizations and government agencies in protecting consumer
interests.
Objective:
To make students aware of the rights of consumers, the importance of consumer
protection, and the legal frameworks in place to ensure fair business
practices.
8. Marketing
Content: Focuses on the marketing mix
(Product, Price, Place, Promotion), market research, consumer behavior, and
strategies for effective marketing. It provides insights into how businesses
identify and meet customer needs.
Objective:
To develop an understanding of key marketing concepts and how businesses create
value for consumers through effective marketing strategies.