BUSINESS ORGANISATION AND MANAGEMENT

Paper Code: 
CBSG 211
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Course Outcome

Learning and teaching strategies

Assessment Strategies

CO 31: Develops the knowledge of different forms of Business Organisations.

CO 32: Impart the knowledge about the importance and functions of Stock exchange and SEBI along with the knowledge and utility of different forms of Business combinations.

CO 33: Evaluate the process of management's five functions and have an insight of Planning & Decision Making as the primary function of Management  

CO 34: Evaluate different organizational structures applied in organizations and help in designing an appropriate structure which is industry specific. Also to define what an informal and formal organization is and how it operates through informal groups and the grapevine. Moreover explain how decentralization follows from delegation with the understanding of span of management and to explain how it affects an organization.

CO 35: Competencies to recruit and select the employees as per organizational requirement, also learn importance of directing and motivation and apply the same for putting workforce in right direction.

also evaluate different approaches for organizational control and apply appropriate controlling procedures and techniques for managing organizational operations. 

Approach in teaching:

classroom lectures using Powerpoint presentation.

Learning activities for the students:

Group discussion, Case studies, Assignments, ppt presentations

Class assignments, presentations, Classroom activity, C.A. test, Semester End Examinations.

 

12.00
Unit I: 
Introduction to Business Organisation:

                                                                                                                              

  • Meaning and role of organisation
  • Multiple perspectives of business organisation- Consumers, Employees, Entrepreneurs, Community/Society at large.
  • Ownership forms: Private Enterprise, Public Enterprise, Joint sector Enterprise, Non- Corporate form, Corporate Form
  •  Business formats : Brick & Mortar; Click; Brick & Click; Franchising location & scale- local, national, global; Micro, small, medium and large.
  • Establishment of business organization (steps and consideration)

 

12.00
Unit II: 
Business Finance, Business Regulatory Authorities and Business Combinations

Business Finance: Need, Sources(Long term and Short term)

Business Regulatory Authorities:

·        SEBI: Role and Function

·        Stock Exchange: Meaning, Importance, Functions,

Business Combinations: Features, Advantage and Disadvantages

Types and Forms of Business Combinations

10.00
Unit III: 
Introduction to Management
  • Meaning and role of management
  • Nature of Management
  • levels of management
  • Significance of management
  • Relationship between organisation and management
  • Principles of management (Fayol and F.W. Taylor)
  • Functions of management

 

12.00
Unit IV: 
Functions of Management

Planning: Features, importance , Types, Process

Decision-Making: Types, Process

Organizing

  • Objectives, Principles
  • Organization structure: need and significance of organization structure;
  • Forms of organization structure:     Functional, divisional, matrix, team-based, networking, Hierarchical, Horizontal or flat org structure
  • Formal and Informal Organisation: Meaning , Merits and demerits,   
  • Delegation of Authority: Meaning, importance and process of delegation
  • Span of control: – Meaning, Factors determining Span of Control
  • Centralization and Decentralization

 

14.00
Unit V: 
Functions of Management

Staffing                                                                                                                                           

·        Job analysis: Job specification, Job description 

·        Recruitment: sources of recruitment;

·        Selection: Process of Selection

Directing :

·        Meaning, Importance ,  Principles & Techniques of directing         

·        Motivation: meaning, importance

·        Theories of motivation: Maslow, Herzberg, McGregor’s X-Y theory, & William Ouchi’s Z theory

·        Leadership: Meaning, leadership styles, Theories of leadership

 

Controlling:                   

·        Process of controlling

·        Types of control

·        Essentials of effective control system

Salient Developments and Contemporary Issues in Management 

Essential Readings: 
  • Basu, C. (2017). Business Organisation and Management. McGraw Hill Education.
  •  Gupta, C. B., Business Organization, S.Chand,NewDelhi
  • Kaul, V. K. (2012). Business Organisation and Management. Pearson Education
  • Kumar, Pradeep. Management: principles and applications. JSR Publication House LP Delhi. 2019

 

References: 
  • Drucker, Peter Ferdinand, Management Challenges for 21stCentury, Harper Collins, USA.
  • • Luthans, Fred, Organization Behaviour, McGraw Hill, New York
  • • Allen, Louis A., Management and Organization, McGraw Hill, NewYork
    • Drucker, P. F. (2006). The Practice of Management. Newyork: Harper & Row.
      • Griffin. Management Principles and Application. Cengage, 12th Edition.

 

e- RESOURCES:

  • Shodhganga

 

JOURNALS: 

  • Prabandhan
  • The Indian Journal of Commerce
  • Vikalpa: Journal of Decision Makers

 

 

Academic Year: 
2023-2024
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