Project Management LU BBA 7th Semester NEP Notes

Unit 1 [Book]
Project Management, Scope of Project Management VIEW
Definitions and Characteristics of Project VIEW
Types of Projects VIEW
Project Life Cycle VIEW
Project Management Process: Introduction, Tools & Techniques of Project Management VIEW
Generation & Screening of project idea VIEW
Entrepreneurial Skills VIEW
Market & Demand analysis VIEW
Collection of Primary & Secondary information VIEW
Demand forecasting VIEW
Market Planning VIEW

 

Unit 2 [Book]
Technical Analysis, Manufacturing process / Technology VIEW
Material inputs & Utilities VIEW
Product Mix VIEW
Plant Capacity VIEW
Plant & Site Location VIEW
Machinery & Equipment VIEW
Structures & Civil work VIEW
Environmental Aspects VIEW
Project Charts & Layouts VIEW
Project Time Lines VIEW

 

Unit 3 [Book]
Project appraisal: VIEW
Cost benefit analysis (Cash flow projections) VIEW
Project Financial evaluation: VIEW
Capital Budgeting Techniques: Discounted and Non-discounted VIEW
Project rating index VIEW
Critical examination of evaluation techniques VIEW
Economic, Commercial, Social cost benefit analysis in public and private sectors VIEW
Investment criteria and Choice of technique VIEW
Treatment of Risk and Uncertainty types VIEW
Risk Measuring Techniques VIEW
Risk Sensitivity analysis VIEW
Probability approach single as well multiple projects VIEW
Allocation of limited capital VIEW
Extra Topic
Cost of projects VIEW
Means of financing VIEW
Estimates of Sales & Production VIEW
Cost of Production VIEW
Working Capital Requirement & Financing VIEW
Projected income statement VIEW
Consideration of alternative sources of finance VIEW

 

Unit 4 [Book]
Project Implementation VIEW
Forms of project organization VIEW
Project control & Control charts VIEW
Human aspects of project Management VIEW
Prerequisites for a Successful project implementation VIEW
Introduction to project network & Determination of critical path VIEW
Preparation of comprehensive project report VIEW
Project Termination Types and process VIEW

Decision Sciences LU BBA 7th Semester NEP Notes

Unit 1 [Book]
Introduction, Advent & Scope of Operations Research VIEW
Operations Research Techniques their fields of specialized applications along with an overview of Different Techniques VIEW
Linear Programming: Introduction, Formulation VIEW
Graphical Method VIEW
Simplex Method VIEW

 

Unit 2 [Book]
Game theory Introduction, definitions VIEW
Two-person Zero Sum Game pay off matrix VIEW
Pure Strategies VIEW
Games with Saddle point VIEW
The Rule of Dominance VIEW
Mixed strategies VIEW
Games without saddle point VIEW

 

Unit 3 [Book]
Transportation problem: Methods for finding initial solution VIEW
North West Corner Method VIEW
Least Cost Method VIEW
Vogel’s Approximation Method VIEW
Optimality Test VIEW
Stepping Stone method VIEW
Modified distribution method (MODI) VIEW

 

Unit 4 [Book]
Introduction & Mathematical Models for Assignment VIEW
Hungarian method of assignment problem VIEW
Special Cases in Assignment Problems:
Maximization case in assignment problem and prohibited assignment VIEW
Unbalanced assignment problem VIEW

Entrepreneurship and Family Business-II LU BBA 6th Semester NEP Notes

Unit 1 [Book]

Understanding Women Entrepreneurship: Concept, Evaluation, Importance and Functions of women entrepreneurship VIEW
Topologies and categories of women entrepreneur VIEW
Entrepreneurship as a Career Option VIEW
Entrepreneurial Leadership VIEW
Types of New Ventures VIEW
Tax implications of various forms of Ventures VIEW
Procedures for Setting up a Business in India VIEW
Creativity and Innovation VIEW VIEW
Bottlenecks to Creativity and innovation VIEW
Disruptive Technology and Generating commercial value from Innovation VIEW
Unit 2 [Book]
Entrepreneurship and Intellectual Property Rights (IPR): VIEW
Patents VIEW VIEW
Trademarks VIEW VIEW
Copyrights VIEW VIEW
Business Plan: Purpose and Contents of a Business Plan VIEW
VIEW
Marketing Plan: VIEW
Need for Marketing Research VIEW VIEW
Industry Analysis VIEW
Competitor Analysis VIEW VIEW
Market Segmentation VIEW VIEW
Target Markets VIEW VIEW
Market Positioning VIEW VIEW
Marketing Mix VIEW VIEW
Marketing Plan VIEW
Market Strategy VIEW
Unit 3 [Book]
Family genogram, Developing Business family genogram VIEW
Using the genogram to identify family scripts and themes VIEW
Circumplex Model of Marriage and Family Systems (understanding Family Cohesion and Family Flexibility) VIEW
Application of Circumplex Model VIEW
Clinical Rating Scale and Developing Circumplex Model VIEW
Unit 4 [Book]
Vrie’s Five Critical phases of Change (Concern, Crisis, Confrontation, Crystallization and Change) VIEW
A model of individual change VIEW
The Process of Change within Family Enterprises VIEW
Understanding the change process in families VIEW

Financial Institutions LU BBA 5th Semester NEP Notes

Unit 1 Introduction to Financial Institutions [Book]
Introduction to Financial Institutions VIEW
Financial System VIEW
Classification of Financial Institutions VIEW VIEW
Nature and Role of Financial institutions VIEW
Functions of Financial Institutions VIEW

 

Unit 2 Regulatory Structure of Financial Institutions [Book]
Regulatory Structure of Financial Institutions VIEW
SEBI Powers, Role and Functions VIEW
RBI Powers, Role and Functions VIEW VIEW
Role of IRDAI VIEW VIEW

 

Unit 3 Commercial Banks [Book]
Management of Commercial Banks VIEW
Objectives, Functions of Commercial Banks VIEW
Organizational setup of Commercial Banks VIEW
Management of Deposits of Commercial Banks VIEW
Mobilization of Funds of Commercial Banks VIEW
Management of Cash position & Liquidity VIEW VIEW
Nature & Functions of Primary & Secondary Reserves, Considerations influencing reserves VIEW
Management of loan, Advance & other investments Management of income, Prudential norms VIEW
VIEW
Asset-Liability Management in Commercial Banks VIEW

 

Unit 4 Management of Non-Banking Financial Institutions [Book]
Concept, Objectives, Nature, Function NBFI VIEW VIEW
Promotional role of NBFI, Management of fund VIEW
Changing role of NBFI in present environment VIEW
Policies & practices regarding mobilization & Management of funds in NBFCs, their performance VIEW
Types & Functions of Mutual funds, Their Legal & Accounting aspects VIEW
VIEW VIEW
Investment & marketing Strategies of mutual funds VIEW VIEW
Performance review of Mutual funds currently in India VIEW

Business Policy & Strategic Management-I LU BBA 5th Semester NEP Notes

Unit 1 Business policy [Book]
Introduction & Concept of Strategy VIEW
Corporate Policy as a field of study VIEW
Nature, Importance of Business policy VIEW
Purpose and Objective of Business policy VIEW
Chief Executive job VIEW VIEW
Roles and responsibilities of board of Directors VIEW
An overview of Strategic management, its Nature VIEW
Strategic management process VIEW
Formulation of strategy VIEW
Environment, environment scanning VIEW VIEW
Environment appraisal VIEW
Identifying Corporate Competence & Resource VIEW
VIEW

 

Unit 2 Corporate Strategy [Book]
Corporate Strategy VIEW VIEW
Personal and Ethical Values VIEW VIEW
Business ethics VIEW VIEW
Industry structure VIEW VIEW
Reconciling Divergent values VIEW
Modification of values VIEW
Moral Components of corporate strategy VIEW
Community considerations VIEW
Corporate Social Responsibility (CSR) VIEW VIEW

 

Unit 3 [Book]
Corporate Portfolio Analysis VIEW
Competitor Analysis VIEW VIEW
SWOT analysis VIEW
Strategic Audit & Choice VIEW VIEW
Strategic plan VIEW
Routes to Sustainable Competitive advantage (SCA) VIEW
VIEW VIEW

 

Unit 4 [Book]
Strategy Implementation VIEW
Structural Implementation VIEW VIEW
Organisational Design and change VIEW VIEW
VIEW VIEW
Behavioral implementation VIEW VIEW
Leadership VIEW VIEW
Corporate Culture VIEW VIEW
Corporate Politics and use of power VIEW VIEW
VIEW
Functional Implementation: Financial, Marketing VIEW
VIEW VIEW
Operation Personnel (HR) Policies and their integration VIEW
VIEW VIEW
Strategic Evaluation and Control VIEW
VIEW VIEW

Entrepreneurship and Family Business-I LU BBA 5th Semester NEP Notes

Unit 1 Entrepreneurship [Book]
The evolution of the Concept of entrepreneurship VIEW
John Kao’s Model on Entrepreneurship VIEW
Entrepreneurship Meaning VIEW
Entrepreneurship Objective VIEW
Idea Generation VIEW
Identifying opportunities and Evaluation VIEW VIEW
Building the Team / Leadership VIEW VIEW
Strategic planning for business VIEW VIEW

 

Unit 2 [Book]
Stimulating Creativity VIEW VIEW VIEW
Organisational actions that enhance/Hinder creativity VIEW
Managerial responsibilities VIEW
Creative Teams VIEW VIEW
Sources of Innovation in Business VIEW VIEW
Managing Organizations for Innovation and Positive Creativity VIEW
VIEW

 

Unit 3 Social Entrepreneurship [Book]
Introduction to Social Entrepreneurship, Characteristics VIEW VIEW
Role of Social Entrepreneurs VIEW
Innovation and Entrepreneurship in a Social Context VIEW
Start-Up and Early Stage Venture VIEW VIEW
Business Strategies and Scaling up VIEW VIEW

 

Unit 4 [Book]
The Entrepreneur; Role and personality VIEW VIEW
Family Business Concept, Structure and Kinds of family firms VIEW
Culture and evolution of family firm VIEW
Financing The Entrepreneurial Business VIEW VIEW
Arrangement of funds VIEW
Traditional sources of financing VIEW VIEW
Loan Syndication VIEW
Consortium Finance VIEW
Role played by commercial banks VIEW VIEW

Quantitative Techniques-II LU BBA 4th Semester NEP Notes

Unit 1 Differential Calculus: {Book} No Update

 

Unit 2 Integral Calculus {Book} No Update

 

Unit 3 Probability {Book}
Probability Definition VIEW
Objective and Subjective Approaches VIEW
Addition and Multiplication theorem of probability VIEW
Conditional probability VIEW
Baye’s theorem VIEW
Probability distribution VIEW
Binominal Distribution VIEW
Poisson Distribution VIEW
Normal Distribution VIEW

 

Unit 4 {Book}
Sampling VIEW
Sampling Distribution VIEW
Sampling Process VIEW
Sampling Techniques:
Probability Sampling VIEW
Non-Probability Sampling VIEW
Sample Size Decision VIEW
Hypothesis VIEW VIEW
Null Hypothesis & Alternative Hypothesis VIEW VIEW
Type-I & Type-II Errors VIEW
Hypothesis Testing: Z-Test & T-Test VIEW VIEW

Industrial Relations Management LU BBA 4th Semester NEP Notes

Unit 1 [Book]
Industrial Relations, Concept, Objectives, Nature and Scope VIEW
Approaches to Industrial Relations VIEW
Trade Unions VIEW
Industrial Disputes and their Resolutions VIEW
International Labour Organization Role and Functions VIEW
Unit 2 [Book]
Workers Participation in Management VIEW
Works Committee, Joint Management Councils VIEW
Pre-Requisite for Successful Workers participation VIEW
Collective Bargaining Form and Process VIEW
Role of Government in Collective Bargaining VIEW
Unit 3 [Book]
Industrial Unrest VIEW
Employee Dissatisfaction: VIEW
Employee Grievances VIEW VIEW
Disciplinary Action, Domestic Enquiry VIEW
Strikes, Prevention of Strikes, Lockouts VIEW
Discipline: Positive, Negative discipline VIEW
Disciplinary procedure VIEW
Absenteeism VIEW
Turnover VIEW
Dismissal and Discharge VIEW
Unit 4 [Book]
Factories Act Meaning, Definition VIEW
Welfare, Safety in Factories Act VIEW
Health Measures in Factories Act VIEW
General Provisions of Workmen’s Compensation Act VIEW
Bonus Act, 1965 VIEW
Gratuity Act, 1972 VIEW

HR5.5 Performance Management

Unit 1 Introduction to Performance Management [Book]  
Performance Management VIEW VIEW
Performance Evaluation VIEW
Evolution of Performance Management VIEW
Definitions and Differentiation of Terms Related to Performance Management VIEW
What a Performance Management System Should Do VIEW
**Pre-Requisites of Performance Management VIEW
Importance of Performance Management VIEW
Linkage of Performance Management to Other HR Processes VIEW

 

Unit 2 Process of Performance Management [Book]  
Overview of Performance Management Process VIEW VIEW
Performance Management Process VIEW
Performance Management Planning Process VIEW
Mid-cycle Review Process, End-cycle Review Process VIEW
Performance Management Cycle at a Glance VIEW

 

Unit 3 Mechanics of Performance Management Planning and Documentation [Book]  
The Need for Structure and Documentation VIEW
Manager’s, Employee’s Responsibility in Performance Planning Mechanics and Documentation VIEW
Mechanics of Performance Management Planning and Creation of PM Document: VIEW
Performance Appraisal: Definitions and Dimensions of PA, Limitations VIEW
Purpose of Performance Appraisal and Arguments against Performance Appraisal, Importance of Performance Appraisal VIEW
Characteristics of Performance Appraisal VIEW
Performance Appraisal Process VIEW

 

Unit 4 Performance Appraisal Methods [Book]  
Performance Appraisal Methods VIEW
Traditional Methods, Modern Methods, 360 models VIEW
Performance Appraisal 720 models VIEW
Performance Appraisal of Bureaucrats; A New Approach VIEW

 

Unit 5 Issues in Performance Management [Book]  
Issues in Performance Management VIEW
Role of Line Managers in Performance Management VIEW
Performance Management and Reward Concepts VIEW
Linking Performance to Pay a Simple System Using Pay Band VIEW
Linking Performance to Total Reward VIEW
Challenges of Linking Performance and Reward VIEW
Facilitation of Performance Management System through Automation VIEW
Ethics in Performance Appraisal VIEW

Trade Unions, Features, Objectives, Role, Types, Problems

Trade Unions are organizations formed by workers to collectively represent their interests and negotiate with employers on issues such as wages, working conditions, and benefits. They serve as a voice for employees, advocating for their rights and concerns in the workplace. Trade unions typically operate on a democratic basis, with members electing leaders to represent them in negotiations with management. By bargaining collectively, trade unions seek to achieve better terms and conditions of employment for their members, as well as promote job security and fair treatment. They also play a role in providing support and solidarity to workers facing workplace challenges or disputes, aiming to balance the power dynamics between labor and management for the benefit of workers.

Features of Trade Unions:

  • Collective Representation:

Trade unions serve as collective representatives of workers, advocating for their interests and negotiating with employers on matters such as wages, benefits, and working conditions. They act as a unified voice for their members, presenting their concerns and demands to management through collective bargaining.

  • Membership-Based:

Trade unions are composed of workers who voluntarily join the organization to benefit from collective representation and support. Membership is typically open to employees across various industries and occupations, with individuals choosing to join based on shared interests and objectives.

  • Democratic Structure:

Trade unions operate on a democratic basis, with members electing leaders and representatives to govern the organization and negotiate on their behalf. Decision-making processes within trade unions are often transparent and participatory, allowing members to have a say in the direction and priorities of the union.

  • Collective Bargaining:

One of the primary functions of trade unions is to engage in collective bargaining with employers to negotiate employment terms and conditions. Through collective bargaining, trade unions seek to secure favorable agreements on wages, benefits, working hours, and other matters, aiming to improve the economic and social status of their members.

  • Solidarity and Support:

Trade unions provide solidarity and support to workers facing workplace challenges, such as unfair treatment, discrimination, or unsafe working conditions. They offer legal assistance, advocacy, and representation to members in disputes with employers, helping to protect their rights and interests.

  • Strikes and Industrial Action:

Trade unions have the power to organize strikes and other forms of industrial action as a means of exerting pressure on employers to meet their demands. Strikes can range from work stoppages and protests to boycotts and picketing, and they serve as a tool for trade unions to demonstrate the collective strength and resolve of their members.

  • Education and Training:

Trade unions often provide education and training programs to empower their members with the knowledge and skills needed to navigate the labor market effectively. These programs may include workshops, seminars, and resources on topics such as workplace rights, health and safety, and professional development.

  • Political Advocacy:

Trade unions engage in political advocacy and lobbying to influence government policies and legislation that impact workers’ rights and interests. They may campaign for labor-friendly laws, social welfare programs, and regulatory reforms to improve working conditions and promote social justice.

Objectives of Trade Unions:

  • Wage Bargaining:

Trade unions negotiate with employers to secure fair wages, benefits, and working conditions for their members. Through collective bargaining, unions strive to achieve better pay, job security, and improved benefits such as healthcare, pensions, and leave entitlements.

  • Worker Protection:

Trade unions work to protect the rights and interests of workers by advocating for safe and healthy working conditions, fair treatment, and job security. They monitor compliance with labor laws and regulations, address workplace grievances, and provide legal assistance and representation to members facing employment-related issues.

  • Job Security:

Trade unions seek to safeguard job security for their members by advocating for measures to prevent layoffs, downsizing, and outsourcing. They negotiate employment contracts and collective agreements that include provisions for job protection, layoff procedures, and retraining or redeployment opportunities in case of job losses.

  • Professional Development:

Trade unions promote the professional development and advancement of their members by offering training programs, educational resources, and career counseling services. They support lifelong learning initiatives and advocate for opportunities for skills development, career progression, and upward mobility within the workplace.

  • Social Welfare:

Trade unions advocate for social welfare policies and programs that benefit workers and their families, such as healthcare, housing, education, and social security. They campaign for improved access to affordable healthcare, affordable housing, quality education, and adequate social safety nets to support workers in times of need.

  • Collective Action:

Trade unions organize collective action, such as strikes, protests, and demonstrations, to press for their demands and assert the collective power of their members. They mobilize workers to participate in solidarity actions, boycotts, and other forms of industrial action to address grievances, protest unfair labor practices, and advance their objectives.

Role of Trade Unions:

  • Collective Bargaining:

Trade unions negotiate with employers on behalf of their members to secure favorable terms and conditions of employment through collective bargaining. This includes negotiations on wages, benefits, working hours, job security, and other aspects of the employment relationship. By bargaining collectively, trade unions aim to improve the economic and social well-being of workers.

  • Representation:

Trade unions serve as representatives of workers in interactions with employers, government authorities, and other stakeholders. They advocate for the rights and interests of their members, provide legal assistance and representation in employment-related matters, and ensure that workers’ voices are heard in decision-making processes that affect their livelihoods.

  • Advocacy and Lobbying:

Trade unions engage in advocacy and lobbying efforts to influence government policies, legislation, and regulations that impact workers’ rights and interests. They campaign for labor-friendly laws, social welfare programs, and regulatory reforms to improve working conditions, promote job security, and advance social and economic justice.

  • Education and Training:

Trade unions provide education and training programs to empower their members with the knowledge, skills, and resources needed to navigate the labor market effectively. These programs cover topics such as workplace rights, health and safety, professional development, and collective action, enabling workers to assert their rights and advocate for their interests.

  • Solidarity and Support:

Trade unions offer solidarity and support to workers facing workplace challenges, such as unfair treatment, discrimination, or unsafe working conditions. They provide a platform for workers to come together, share experiences, and support each other in addressing common concerns. Trade unions also offer financial assistance, legal advice, and representation to members in disputes with employers, ensuring that workers have access to resources and support when needed.

Types of Trade Unions:

  • Craft Unions:

These unions represent workers with similar skills or trades, such as carpenters, electricians, or plumbers. Craft unions focus on protecting the interests of workers in specific crafts or occupations, often emphasizing skill development, training, and maintaining standards within the trade.

  • Industrial Unions:

Industrial unions represent workers across multiple occupations or industries within a single sector, such as manufacturing, transportation, or healthcare. Unlike craft unions, which focus on specific skills, industrial unions organize workers based on their common employer or industry, advocating for broader issues such as wages, working conditions, and job security.

  • General Unions:

General unions, also known as all-inclusive or industrial unions, represent workers across various industries and occupations, regardless of their specific skills or trades. These unions aim to organize workers across different sectors to address common concerns and promote solidarity among diverse groups of workers.

  • White-Collar Unions:

White-collar unions represent professionals, administrative staff, and other non-manual workers in sectors such as finance, education, and healthcare. These unions focus on issues relevant to white-collar workers, such as professional development, job classification, and work-life balance.

  • Blue-Collar Unions:

Blue-collar unions represent workers engaged in manual or industrial occupations, such as factory workers, construction workers, and laborers. These unions address issues related to wages, working conditions, health and safety, and job security for blue-collar workers.

  • Public Sector Unions:

Public sector unions represent employees working in government agencies, public services, and state-owned enterprises. These unions advocate for the interests of public sector workers, including civil servants, teachers, healthcare workers, and firefighters, addressing issues such as wages, benefits, and working conditions in the public sector.

  • Trade Federations:

Trade federations, also known as national or industrial federations, are umbrella organizations that bring together multiple trade unions representing workers in related industries or sectors. These federations coordinate collective bargaining, advocacy, and solidarity efforts among affiliated unions, providing a platform for collaboration and coordination on common issues.

  • International Unions:

International unions, also known as global or transnational unions, represent workers across different countries and regions. These unions organize workers in multinational corporations, global supply chains, and industries with international operations, advocating for global labor rights, fair wages, and decent working conditions on a global scale.

Problems of Trade Unions:

Trade unions play a crucial role in protecting the rights of workers and ensuring fair wages, better working conditions, and job security. However, they face several challenges that limit their effectiveness. 

  • Lack of Unity and Multiple Unions

Trade unions often suffer from internal conflicts and fragmentation due to the presence of multiple unions representing workers within the same industry or organization. Rivalries among unions weaken collective bargaining power and create divisions among workers, leading to ineffective negotiations with employers. This division often results in poor representation and reduced benefits for workers.

  • Political Influence and Interference

Many trade unions are affiliated with political parties, leading to external interference in their activities. Instead of focusing solely on workers’ welfare, unions often become instruments of political agendas. Political rivalry between unions can cause conflicts, disrupt industrial peace, and divert attention from actual labor issues, weakening their ability to negotiate effectively.

  • Financial Weakness

Trade unions often face funding shortages due to low membership fees, poor financial management, and lack of proper investment strategies. Without adequate funds, unions struggle to organize strikes, provide legal support, or conduct welfare programs for members. This financial weakness affects their bargaining power and ability to fight for better wages and working conditions.

  • Poor Leadership and Corruption

Leadership in many trade unions lacks proper education, experience, and negotiation skills, leading to ineffective decision-making and weak representation. In some cases, union leaders misuse funds or accept bribes from employers, betraying workers’ trust. Corruption within unions weakens their credibility and hampers their ability to advocate for genuine labor rights.

  • Low Membership and Apathy Among Workers

Many workers hesitate to join unions due to fear of employer retaliation, lack of awareness, or belief that unions are ineffective. This results in low membership, reducing the union’s strength and bargaining power. Additionally, workers may be reluctant to participate in union activities, limiting the union’s ability to organize strikes or negotiate better terms.

  • Weak Collective Bargaining Power

Due to poor leadership, financial issues, and lack of unity, trade unions often have weak bargaining power against employers. Many unions fail to negotiate effectively, leading to unsatisfactory wage settlements and poor working conditions. Employers take advantage of this weakness by ignoring union demands or implementing anti-union policies.

  • Legal Restrictions and Anti-Union Policies

Many governments impose strict labor laws and restrictions on trade unions, limiting their ability to strike, protest, or bargain collectively. Employers also adopt anti-union policies, such as discouraging union membership or penalizing workers who participate in union activities. These restrictions reduce the effectiveness of trade unions in protecting worker rights.

  • Technological and Economic Challenges

The rise of automation, outsourcing, and contract-based employment has reduced permanent jobs, weakening the influence of trade unions. Many companies prefer hiring temporary workers who are not unionized. Additionally, economic downturns and globalization force unions to accept lower wage settlements to keep jobs secure, reducing their ability to demand better conditions.

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