Introduction-Trade, Industry and commerce, Functions and subdivision of commerce, Introduction to Elements for Economics and Management. Forms of Business Organizations. Channels of Distribution.Introduction to the accounting concepts and conventions. Double entry Book Keeping, Different kinds of accounts.

Drug House Management-selection of site, space Lay-out and legal requirements. Importance and objectives of purchasing, selection of suppliers, credit information, tenders, contracts and price determination and legal requirements thereto.Codification, handling of drug stores and other hospital supplies. Cash book, general ledger

Inventory Control-objects and importance, modern techniques like ABC,VED analysis, the lead time, inventory carrying cost, safety stock, minimum and maximum stock levels, economic order quantity, scrap and surplus disposal. Profit and loss accounts

Sales promotion, Market Research, Salesmanship, qualities of a salesman, Advertising and Window Display. Recruitment, training, evaluation and compensation of the pharmacist. Financial statement

Banking and Finance-Service and functions of bank, Finance planning and sources of finance. Budgeting