Business is a dynamic process that brings together technology, natural resources and human initiative in a constantly changing global environment. To understand the framework in which a business operates, a detailed study of the organisation and management of business processes and its interaction with the environment is required. Globalisation has changed the way organizations transact their business.
The course in Business Studies prepares students to analyze, manage, evaluate and respond to changes which affect business. It provides a way of looking at and interacting with the business environment. It recognizes the fact that business influences and is influenced by social, political, legal and economic forces.
Objectives of this class:
- Understanding the concept of
- the meaning of ‘Effectiveness and Efficiency.
- Discuss the objectives of management
- Describe the importance of management.
- Examining the nature of management as a
science, art and profession. - Levels of Management which is top level, middle level and lower level.