Business Studies
Business Studies
Subject Code: 2161
Course Title: Business Studies
Course No: 2161
Nature of Course: Theory & Practical
Full Marks: 75
Pass Marks:
Credit Hours: 5
Course Description
Course Objective
Course Contents
1. Nature of Management
1.1 Management: meaning and essentials
1.2 Management as science, art and professionScience
1.3 Key management functions: planning, organizing, leading and controlling
1.4 Levels of management
2. . Classical Management Perspective
2.1 Scientificmanagement: principles and limitations
2.2 Administrative management: principles and limitations
3. Planning and Decision Making
3.1 Planning: Concept and rationale
3.1 Process of planning
3.2 Benefits and pitfalls of planning
3.3 Types of plans
3.4 Decision making: meaning and importance
3.5 Types of managerial decisions
3.6 Decision making conditions: certainty, risk and uncertainty
3.7 Decision making process
4. Organising
4.1 Organizing: concept and principles
4.2 Organizing process
4.3 Departmentalization: meanings and bases
4.4 Types of organizational structure: simple, functional, divisional, matrix and committee
4.5 Drivers of organizing: authority, responsibility and accountability
4.6 Centralization and decentralization
4.7 Arguments for and against centralization and Decentralization
4.8 Guidelines for effective delegation of authority
4.9 Challenges for effective delegation of authority
4.10 Differences between delegation and decentralization of authority
5. Leading .
5.1 Leading: meaning and importance
5.2 Role of manager as a leader
5.3 Leadership qualities
5.4 Leadership styles: autocratic, democratic and laisses faire
6. Controlling.
6.1 Controlling: meaning and importance
6.2 Process of control: Pre-control, concurrent control and post-control
6.3 Essentials of effective control
7. Other management functions
7.1 Motivation: meaning and importance
7.2 Techniques of motivation
7.3 Theories of motivation:
Maslow’s Theory of Hierarchy of Needs
Herzberg’s Dual Factors Theory
7.4 Supervision: meaning and role
7.5 Factors influencing supervision
7.6 Communication: meaning and importance
7.7 Essentials of effective communication
7.8 Types of communication: horizontal, vertical and diagonal
7.9 Barriers to effective communication
8. Contemporary issues on management
8.1 Conflict management: meaning, sources and level
8.2 Talent management: meaning and importance
8.3 Quality management: meaning and components
8.4 Supply chain management: meaning and importance
8.5 Family business management: nature, roles
9. Business letter Writing
9.1 Business letter: meaning and uses
9.2 Structure of business letters
9.3 Qualities of business letters
9.4 Drafting of business letters: enquiry, order, confirmation, complaint and job application letter
10. Business Plan
10.1 Introduction to business plan
10.2 Significance of business plan
10.3 Contents of business plan
10.4 Formulation of business plan
