Business-meaning-businessandprofession,requirementsofasuccessfulbusiness-Organization- meaning - importance of business organization.Forms of business Organization-Sole traders, partnership,Joint Hindu family firm - Joint Stock Companies - Cooperative Organizations - Public Utilities and PublicEnterprises.

Definition of Management – Management and Administration – Nature and Scopeof Management - Functions of Management - Contribution of F.W. Taylor – Henry Fayol –Mary ParkerFollet–McGregorandPeterF. Drucker.

Planning: meaning and purpose of planning - steps in planning - types of Planning. ObjectivesandPolicies -Decisionmaking: Processof Decisionmaking -typesof Decisions

Organising:Typesoforganisation-Organizationalstructure-spanofcontrol–useof staff unitsandcommittees.Delegation:Delegationandcentralization-Line andStaffrelationship.Staffing:Sourcesof recruitment-Selectionprocess–training

Directing: Nature and purpose of Directing. Controlling: Need for co-ordination -meaning andimportanceofcontrols-controlprocess-Budgetaryandnon-BudgetarycontrolsModerntrendsinManagementProcess