Business Organization and Management Osmania University BCOM 1st Semester 2025-26 Notes

Unit 1
Business, Concepts, Objectives and FunctionsVIEW
Trade, Industry and CommerceVIEW
Social Responsibility of a BusinessVIEW
Forms of Business OrganizationVIEW
Sole Proprietorship, Meaning, Characteristics, Advantages and DisadvantagesVIEW
Partnership, Characteristics, Advantages and DisadvantagesVIEW
Kinds of Partners and Partnership DeedVIEW
Concept of Limited Liability PartnershipVIEW
Hindu Undivided Family, Meaning, Characteristics, Advantages and DisadvantagesVIEW
Co-Operative Organization, Meaning, Advantages and DisadvantagesVIEW
One Person CompanyVIEW
Unit 2
Joint Stock Company, Meaning, Definition, Characteristics, Advantages and DisadvantagesVIEW
Kinds of CompaniesVIEW
Promotion and Stages of PromotionVIEW
Promoter, Characteristics, KindsVIEW
Preparation of Important DocumentsVIEW
Memorandum of Association, Concepts, ClausesVIEW
Articles of AssociationVIEW
Contents Prospectus, Statement in Lieu of Prospectus (As per Companies Act-2013)VIEW
Contents Red herring ProspectusVIEW
Unit 3
Management, Meaning, Characteristics, Functions, LevelsVIEW
Organization Structure and Types of Organization StructureVIEW
Skills of ManagementVIEW
Scientific Management, Meaning, Definition, ObjectivesVIEW
Criticism Fayol’s Principles of ManagementVIEW
Unit 4
Planning, Meaning, Definition, Characteristics, Types, Advantages and DisadvantagesVIEW
Approaches to PlanningVIEW
Management by Objectives (MBO), Steps, Benefits, WeaknessesVIEW
Definition of Organizing, Process of OrganizingVIEW
Organization, Principles of OrganizationVIEW
Formal OrganizationsVIEW
Informal OrganizationsVIEW
Line OrganizationsVIEW
Staff OrganizationsVIEW
Line and Staff ConflictsVIEW
Functional OrganizationVIEW
Span of Control, Meaning, Determining Span, Factors influencing the Span of ControlVIEW
Unit 5
Meaning of Authority, Power, Responsibility and AccountabilityVIEW
Delegation of AuthorityVIEW
Decentralization of AuthorityVIEW
Coordination, Definition, Importance, Process, and PrinciplesVIEW
Techniques of Effective CoordinationVIEW
Control, Meaning, Definition, Steps and Requirements for Effective ControlVIEW
Relationship between Planning and ControlVIEW
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