BOARD SCHEME:

Marks : 100

BUSINESS STUDIES - III

Principles and Functions of Management

1. Nature and Significance of Management(Marks : 7)
2. Principles of Management (Marks : 7)
3. Planning(Marks : 8)
4. Organising (Marks : 8)
5. Staffing (Marks : 5)
6. Directing (Marks : 10)
7. Controlling (Marks :5)

BUSINESS STUDIES - IV

A. FUNCTIONAL MANAGEMENT

1.Personnel Management (Marks : 14)

2.Finance Management (Marks : 18)

3.Marketing Management(Marks : 18)

OR

B. FACTORY ORGANISATION

1. Nature of factory and its characteristic(Marks : 5)

features

2.Setting up a Factory (Marks : 12)

3.Factory Design and Layout (Marks : 10)

4.Internal Organisation of a Factory (Marks : 5)

5.Factory Materials and Stores (Marks : 8)

6.Factory Labour and Employment (Marks : 10)

Conditions

1.Nature and function of Office (Marks : 5)

2.Office Layout and Working(Marks : 6)
   Conditions

3.Work Flow in Office (Marks : 3)

4.Office Organisation (Marks : 5)

5.Office Communication (Marks : 5)

6.Office Mechanisation (Marks : 6)

7.Handling Inward and Outward Mail (Marks : 10)

8.Filing and Indexing (Marks : 10)

Unit 1 : Nature and Significance of Management (Marks : 7)

Management as an activity a process, a discipline and as a group.

Nature of management - management as a science and an art.

Management as a profession.

Objectives and importance of management.

Distinction between management and administration.

Levels of management - top level, middle level, and first line (supervisory)

Management functions-Planning, organising, staffing, directing and controlling.,

Coordination - nature and meaning.

Unit 2 :Principles of management (Marks : 7)

Nature of and need for management principles.

Fayol's principles of management.

Scientific management : Principles and techniques.

Unit 3 :Planning (Marks : 8)

Meaning, features, importance and limitations of planning.

Steps in planning.

Unit 4 :Organising (Marks : 8)

Meaning, process and structure of organisation.

Importance of organisation.

Formal and informal organisation.

Principles of organisation.

Types of administrative organisation-line, line and staff, and functional - meaning,

Features and distinction.

Meaning of authority, responsibility and accountability.

Importance of delegation. Process of delegation.

Difference between delegation and decentralisation.

Unit 5: Staffing (Marks : 5 )
Meaning, need and importance of staffing.
Staffing Process - estimating staff requirements,

Unit 6 :Directing (Marks : 10)
Meaning, need and importance of staffing.
Elements of directing :

• Supervision - functions of supervisors.
• Motivation-need and incentives (monetary and non-monetary incentives)
• Leadership -Importance, qualities of a good leader.
• Communication -importance-types of communication (formal and informal), channels of communication (oral, written).

Unit 7 : Controlling (Marks : 5)
Meaning and importance of controlling.
Steps in the process of control.
Features of a good control system.

Note : One of the following three parts is to be selected for study :

Functional Management or Factory Organisation or Office Administration.

4. A. FUNCTIONAL MANAGEMENT

Unit 1: Personnel Management (Marks :14 )

Meaning and nature of personnel management.
Role and responsibilities of Personnel manager.
Manpower planning, estimating manpower requirements.
Job analysis, Job description and job specification
Recruitment - meaning and sources.
Selection process - Employment tests and Interviews.
Training and Development - Purpose and Methods.
Job Evaluation- concept and methods. Compensations - methods of wage payment :
Time rate and piece rate methods. Performance appraisal and its importance.
Personnel records - uses and types.

Unit 2 : Financial Management (Marks : 18)

Meaning and objects of financial management.
Functions of financial Manager.
Capital structure - meaning, factors governing capital structure, Capitalisation - over and under.
Sources of Corporate finance, Scope and importance of capital market.
Management of fixed capital. Capital budgeting -nature and scope.
Management of working Capital. Factors determining Working Capital.

Unit 3 : Marketing Management (Marks : 18)

Marketing Management - meaning and objectives.
Marketing concept and selling.
Marketing mix - elements.
Sales promotion methods.
Advertising - features : benefits to manufacturers and society.
Media of advertising. Choice of media.
Features of personal selling. Qualities of a good salesman.
Consumer rights. Means of Consumer protection.

4. B. FACTORY ORGANISATION

Unit 1 :Nature of Factory and its Characteristic features (Marks : 5)
Nature of manufacturing activity (seasonal and perennial); concept of factory and workshops.
Definition of factory under the Factories Act.
Characteristic features of small and large factories (small - scale units : and large scale establishments)

Unit 2 :Setting up a factory (Marks : 12)

Setting up a small - scale unit :
(a) Deciding on the nature of product and volume of production with reference to products reserved for small-scale sector.
(b) Availability and sources of raw materials, fuel, power, water, transport and banking facilities.
(c) Estimation of capital : long term funds and working capital (factors to be considered).
(d) Selection of factory site (location) consideration in selection.
(e) Placing orders for machinery and equipments : Sources, methods and procedures.
(f) Major provisions in local laws and rules; permission from local authorities; procedure.
(g) Registration of factory under Factories Act or other appropriate laws (Shop and Establishment Act) : procedure.

Unit 3 :Factory Design and Layout (Marks : 10)

Factory design : meaning, importance, factors to be considered.
Types of factory building (horizontal, vertical/single, storey & multistorey) - relative needs and advantages.
Factory layout : meaning, types, considerations : heating, lighting, ventilation, service facilities.
Rules of law regulating factory layout (main requirements).

Unit 4 : Internal Organisation of a Factory (Marks : 5)

Departmentation in a factory - operating departments (workshop) and service departments.
Status ; authority and responsibilities of the factory manager.
Factory Manual - meaning and broad outline of contents.
Organization chart of a typical factory.

Unit 5 :Factory Materials and Stores ( Marks : 8)

Raw materials, work in process, finished goods, spare parts, stores and supplies, their meaning.
Materials procurement procedure.
Storage -need, importance and methods.
Materials control : issue and replenishment of materials, safety stock, ordering levels, order quantities.

Type of factory workers - skilled, semiskilled, unskilled, seasonal, causal, regular .
Recruitment of factory workers - sources.
Methods of wage payment : time rate and piece rate : their relative advantages and suitability.
Employment conditions.
Safety, health and welfare amenities.

IV. C. OFFICE ADMINISTRATION

Meaning and importance of office.
Relationship of office with other departments.
Functions - basic and auxiliary.
Position and role of an office manager in an organisation.

Location of office - factors, importance.
Office building - Need and characteristics of a suitable office building.
Office layout - nature, principles, types.
Open and private offices.
Offices environment - Meaning and elements : lighting, ventilations, temperature,
And interior decoration ( general outline).

Concept of work flow and flow charts.
Difficulties in work flow.

Principles,
Types - line, line and staff and service organisation.
Office charts and manuals, meaning and usefulness.

Basic principles,
Method of Internal and external communication.

Unit 6 : Office mechanisation (Marks : 6)

Need for mechanisation.
Considerations in mechanisation.
Types of office machines and equipments including the use of computers.

Unit 7 :Handling Inward and Outward Mail (Marks : 10)

Organisation of the mailing section.
Arrangement with post offices for receipt and despatch of mail.
Inward Mail routine.
Dealing with correspondence.
Mechanising mail service.

Filing

1. Meaning and importance
2. Bases of Classification of papers for filing,
3. Methods of filing : horizontal and vertical.

Indexing

1. Meaning and Importance.
2. Basis of Indexing.
3. Types of Indexing.

Note : Those students who wish to join B.Com for higher studies after passing +2 examination are advised to offer Mathematics as one of the electives to meet the requirement of some universities.