NDSS Academy

Business Organization (B.Com)

Forms of business ownership, business combinations, location and size of business units and modern business practices.

6 MonthsDuration 5Chapters26Topics
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Syllabus · पाठ्यक्रम

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01Unit 1: Nature and Scope of Business 5 topics
  1. Business, trade, commerce and industry
  2. Aids to trade
  3. Objectives of business
  4. Social responsibility and business ethics
  5. Essentials of a successful business
02Unit 2: Forms of Business Ownership 6 topics
  1. Sole proprietorship and Joint Hindu Family business
  2. Partnership: Indian Partnership Act 1932, types of partners
  3. Limited Liability Partnership
  4. Joint stock company: features and types (private, public, OPC)
  5. Cooperative societies
  6. Choice of a suitable form
03Unit 3: Business Combinations 5 topics
  1. Meaning and causes of combination
  2. Horizontal, vertical, lateral and diagonal combinations
  3. Forms: association, pool, cartel, trust, holding company
  4. Merger and amalgamation
  5. Effects of combinations and the Competition Act 2002
04Unit 4: Location and Size of Business Units 5 topics
  1. Factors affecting location
  2. Weber's theory of industrial location
  3. Measures of size
  4. Optimum size of a firm
  5. Internal and external economies of scale
05Unit 5: Modern Business Practices 5 topics
  1. E-business and outsourcing (BPO, KPO)
  2. Franchising
  3. Multinational corporations
  4. Public sector and public-private partnership
  5. MSMEs and start-ups

About

You will be able to

  • Explain the nature, objectives and social responsibility of business
  • Compare sole proprietorship, partnership, LLP, company and cooperative forms of ownership
  • Explain the types, forms and effects of business combinations and the role of the Competition Act
  • Analyse factors affecting location and size of business units and economies of scale
  • Describe modern practices such as outsourcing, franchising, MNCs, MSMEs and start-ups

Who it is for

  • B.Com students (General and Accounting & Taxation streams) of Semester 1 under the UP State Universities NEP 2020 syllabus
  • Students starting commerce at college level who need clear concepts and answer-writing practice

What you need

  • Class 12 pass (any stream; commerce background is helpful)

Questions

Is this paper difficult for science or arts students?

No. It is a concept paper; we explain every topic with Indian business examples and practise answer writing.

Does it help in competitive exams?

Yes. Forms of organisation and business combinations are useful for bank, SSC commerce and UGC-NET basics.

Which syllabus does the course follow?

It follows the UP State Universities NEP 2020 common minimum syllabus for B.Com. Where your own university's syllabus differs, the centre teaches as per your university syllabus and papers.

Download the syllabus (PDF)

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