Chapter-1: Nature of Business

Objectives
 Introduction
 Human Occupations
 Definition of Business
 Features of Business:
 Importance of Business
 Business functions
 Scope of Business
 Trade
 Inter-Relationship between Trade, commerce and Industry
 Different types of Economic Systems
 Objectives of Business
 Components of Business
 Reasons for Starting a Business
 Let us sum up

Chapter- 2 TYPES OF BUSINESS OWNERSHIP

 Sole Proprietorship
 Partnerships
 Corporations
 Limited Liability Company
 Difference between SAOC and SAOG
 Understanding Mergers, Acquisitions, and Alliances
 Strategic Alliance
 Joint Venture
 Merger
 Consolidation
 Acquisition
 CASE STUDY

Chapter-3: Functions of a Business Organization

 Nature or Characteristics of Organizing

 Organization Chart
 Management
 Levels of Management
 Functions of Management
 Basic Managerial Roles And Skills

Chapter-4: External Environment of the Business Organization

 Business Environment
 Different International Strategies
 Forms of International Business Activity