Syllabus for Business Basics Management Science by NPTEL1.
Introduction to Business Basics- Definition and scope of business basics
- Importance of business basics in management science
- Overview of different aspects of business basics
2.
Understanding the Business Environment- Analysis of internal and external business environment
- Factors affecting business operations and decision making
- Impact of political, economic, social, technological, and legal factors on business
3.
Business Organization and Structure- Types of business organizations (sole proprietorship, partnership, corporation)
- Functions of various departments within a business organization
- Organizational structure and hierarchy
4.
Business Ethics and Corporate Social Responsibility- Importance of ethical behavior in business
- Ethical dilemmas and decision making in business
- Corporate social responsibility and its impact on business reputation
5.
Business Planning and Strategy- Understanding the process of business planning
- Setting objectives and goals for business success
- Developing effective business strategies
6.
Marketing and Sales Management- Basics of marketing and its role in business
- Market segmentation and targeting
- Sales management techniques and strategies
7.
Financial Management- Introduction to financial management
- Financial statements and their analysis
- Budgeting and financial planning
8.
Operations Management- Understanding the operations function in a business
- Production planning and control
- Quality management and improvement
9.
Human Resource Management- Importance of human resource management in business
- Recruitment, selection, and training of employees
- Performance appraisal and employee motivation
10.
Business Communication and Negotiation- Effective communication skills in business
- Types of business communication (verbal, written, nonverbal)
- Negotiation techniques and strategies
11.
Entrepreneurship and Innovation- Role of entrepreneurship in business
- Types of entrepreneurs and their characteristics
- Encouraging innovation and creativity in business
12.
Global Business and International Trade- Understanding the global business environment
- International trade and its impact on business
- Challenges and opportunities in global markets
13.
Business Risk Management- Identifying and assessing business risks
- Risk mitigation strategies and techniques
- Importance of effective risk management in business
14.
Business Decision Making- Types of business decisions
- Decision-making models and techniques
- Ethical considerations in business decision making
15.
Business Leadership and Management- Role of leadership in business success
- Different leadership styles and their effectiveness
- Principles of effective management
16.
Business Innovation and Technology- Importance of technology in business innovation
- Leveraging technology for business growth
- Impact of digital transformation on business
17.
Business Law and Regulations- Understanding legal frameworks and regulations in business
- Contract law and its implications
- Intellectual property rights and their protection
18.
Business Analytics and Data-driven Decision Making- Introduction to business analytics
- Data collection, analysis, and interpretation
- Using data for informed decision making
19.
Business Sustainability and Green Management- Importance of sustainable business practices
- Environmental and social responsibility in business
- Implementing green management strategies
20.
Business Success and Continuity- Factors contributing to business success
- Business continuity planning and risk mitigation
- Strategies for sustaining long-term business growth
Note: This syllabus is for the Business Basics Management Science course offered by NPTEL. The course content and organization may vary depending on the specific requirements of the program.
This course is helpful for the following exams: Business Basics