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B COM Semester I -Business Organization and Management

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B COM Semester I -Business Organization and Management

B COM Semester I -Business Organization and Management

updated on icon Updated on Dec, 2025

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Course Description

This course provides students with a foundational understanding of the principles, concepts, and practices of business organization and management. It explores the meaning, nature, scope, and objectives of business, along with different forms of business organizations such as sole proprietorship, partnership, joint stock company, and cooperative societies. The course emphasizes the social responsibilities of business and introduces modern concepts like limited liability partnerships.
In the management component, students are introduced to the evolution of management thought, functions of management (planning, organizing, staffing, directing, and controlling), and key managerial skills required in contemporary business environments. The course also covers motivation, leadership, decision-making, and communication as integral aspects of effective management.

Prerequisites

  • Basic Understanding of Commerce: Familiarity with fundamental concepts of trade, business, and economics at the higher secondary level.
  • Analytical Thinking: Ability to observe, analyze, and interpret simple business situations or organizational examples.
  • Communication Skills: Basic proficiency in written and verbal communication to engage in discussions, presentations, and case studies.
B COM Semester I -Business Organization and Management

Curriculum

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