B.Com FIRST YEAR Paper – I Business Oragnisation




B.Com.,

Paper – I
Business Oragnisation

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.

BOOKS RECOMMENDED:
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.,
New Delhi.


Comments

Guest Author: Malik Anwar19 Jun 2013

B.Com FIRST YEAR Paper – I Business Oragnisation and this definition helpful for my study, good article. Regards