Paper – I
Block – I:
Nature and scope of business – Business versus Profession and Employment, characteristics of business, branches of business, interrelationship between industry commerce and trade – Objectives and essentials of business – Forms of business organization – Sole Proprietary concerns – Partnership Firms – Co-Operative Societies.
Block - II:
Joint stock company – Features – Company versus Partnership Firms – Kinds of Companies – Private versus Public Companies – Privileges of a Private Company – Formation of a company – Promotion and its stages, Incorporation, Commencement of business – Memorandum and Articles of Association – Alteration of Memorandum and Articles.
Block – III:
Financing of companies – Shares – Debentures and others – Methods of raising capital – Prospectus, contents, legal importance, implications of misstatements in prospectus – Underwriting – Public deposits.
Block – IV:
Structure of company management – Powers, duties and responsibilities of directors – Company Meetings – Meetings of Board of Directors and Share holders – Resolutions in shareholders meetings – Dividends and bonus shares.
Block – V:
Scale of operation and size of the firm – Business combinations – Government in business – Public utilities – Social responsibilities of business.
1.Y.K. Bhushan - Fundamentals of Business organization and Management,
Sultan Chand, New Delhi.
2. C.B. Gupta - Business organization and Management, Sultan Chand & Sons.,
B.Com FIRST YEAR Paper – I Business Oragnisation and this definition helpful for my study, good article. Regards