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IMN102: BUSINESS ORGANIZATION
Module-I:
Introduction to business: Meaning of business; nature of business; objectives of business;essentials of a successful business; qualities of a successful businessman; Classification of industries; Modern Business Environment; Business Processes.
Module-II:
Forms of business organization: Meaning; characteristics of an ideal form of business organization. Sole Trader: meaning; features; merits and demerits. Partnership: meaning; characteristics; kinds of partners; partnership deed; advantages and disadvantages of partnership form of business organization; dissolution of partnership firms and different forms of Cooperatives.
Module-III:
Joint Stock Company: Meaning and definition; characteristics; kinds of companies;
distinction between private and public company; merits and demerits of company form of business organization; Statutory Corporations; Formation of a company.
Module-IV:
Organizational Structure: Formal and informal organization- Line and staff organization,Delegation, Decentralization, structural configurations of functional, Divisional, Matrix, Network, Virtual and learning organizations; Federal decentralization, Principles underlying designing of a structure.