B.Com SEMESTER IV-

BC/4/CC/14: Entrepreneurship

Unit I

Introduction
Entrepreneurship meaning and concept; Entrepreneurship in India before and after independence; Entrepreneur: characteristics; Role and functions;
Innovation; Generation of employment opportunities; social stability; balanced regional development.

Unit II

Theories of entrepreneurship and EDPs
Different theories; Entrepreneurship development programmes by EDI, IIE, DIC; KVIC, NABARD; importance of entrepreneurship development programmes.

Unit III

Business opportunities
Entrepreneurship development process; identification of business opportunities; external and internal environmental analysis.

Unit IV

Regulatory framework
MSMED Act, 2006 – an overview; Legal requirements for establishment of a new business unit; Sources of funds and venture capital.
Micro Units Development and Refinance Agency (MUDRA): Definition, role and functions.

Unit V

Entrepreneurship development in North East
Entrepreneurship in Northeast; Problems and prospects; Women entrepreneurship in Northeast. Incentives; subsidies and grants for development of micro, small and medium enterprises in North East Region.

Suggested Readings:

  1. C.B. Gupta and Srinivasan: Entrepreneurial Development in India, Sultan Chand, New Delhi.
  2. D.D. Mali: Entrepreneurship Development in North East, IIE.
  3. K. Natarajan and E. Gordon: Fundamentals of Entrepreneurship, Himalaya, New Delhi.
  4. Khanka, S. S: Text book on Entrepreneurship , S. Chand Publications. New Delhi.
  5. M.B. Shukla: Entrepreneurship and Small Business Management, Kitab Mahal.
  6. Management, Himalaya Publishing House New Delhi.
  7. Vasant Desai: Dynamics of Entrepreneurial Development and Management; Himalaya, New Delhi.
  8. Vasant Desai: Fundamentals of Entrepreneurship and Small Business

BC/4/CC/15: Industrial and Company Law

Unit I

(a) Important provisions of Employees Compensation Act 1923: Employee definition; objectives; liability for compensation; commissioner’s appeals.
(b) Industrial Disputes Act 1947: Definition; scope and objectives; lay off; lock-out; strike; authorities under the Act; general prohibition of strike and lock-out.

Unit II

(a) Salient features of Minimum Wages Act 1984: Enforcement of the Act; objectives ofthe Act; fixation and revision of minimum wages; payment of minimum wages.
(b) The Factories Act 1948: Definition; objectives of the Act; health; safety; welfare; employment of women; employment of young person.

Unit III

(a) Introduction of Indian Companies Act (Including recent amendments of 2013): Kinds of companies; promotion and incorporation of companies; Memorandum and Articles of Association; prospectus; certificate of incorporation and certificate of commencement of business; other documents.
(b) Share capital, Members and Directors of a company: Shares, share capital, members; borrowing powers; mortgages; debentures.

Unit IV

(a) Directors: Managing directors and whole time directors.
(b) Meetings: Kinds, quorum, voting, resolutions, minutes.

Unit V

(a) Majority powers and minority rights; prevention of oppression and mismanagement.
(b) Winding up: Kinds and conduct.

Suggested Readings:

  1. A Ramaiya: Guide to the Companies Act; Wadhwa & Co. Nagpur.
  2. A. K. Majumdar & G. K. Kapoor: Students’ Guide to Company Law, Taxmann Allied Services P. Ltd., New Delhi.
  3. A.K. Bagrial: Company Law; Vikas Publishing House, New Delhi.
  4. Avtar Singh: Company Law; Eastern Book Co., Lucknow.
  5. L.C.B Gower: Principles of Modern Company Law; Stevens & Sons, London.
  6. M.C. Kuchal: Modern Indian Company Law; Shri Mahavir Books, Noida.
  7. N.D. Kapoor.: Commercial Law & Industrial Law, Sultan Chand & Sons, Delhi.
  8. N.D. Kapoor.: Company Law – Incorporating the Provisions of the Companies Amendment Act, 2000; Sultan Chand & Sons, New Delhi
  9. N.D. Kapoor: Handbook of Industrial Law, Sultan Chand & Sons, New Delhi.
  10. P. K Ghosh: Company Law & Practice (Part – I & II), Sultan Chand & Sons, New Delhi.

BC/4/CC/16: Quantitative Techniques

Unit I

Business Statistics

  1. Introduction: Meaning, Scope and Limitations; its relationship with other sciences; Statistics as a subject; Descriptive Statistics – compared to Inferential Statistics. (Theory).
  2. Presentation of Univariate Data: Construction of a frequency distribution; Concept ofcentral tendency and dispersion and their measures. (Theory & Numerical).

Unit II

  1. Probability: Theory, Concepts; Simple application of addition and multiplication theorem. (Theory & Numerical)
  2. Correlation and Simple Linear regression. (Theory & Numerical)

Unit III

  1. Index Number: Meaning, types and uses; Methods of constructing price and quantity indices (simple and aggregate). Analysis of Time Series: Causes of variations in time series data; Components of a time series. (Theory & Numerical)

Business Mathematics

Unit IV

Matrices and Determinants

  1. Definition of Matrices, Types, Multiplication, Transpose, Minor, Cofactors, Inverse through Adjoin, Application of Matrices in solving business problems, Determinants of Second and Third Order, Properties of Determinants, Simple problems, Solutions of Simultaneous Equations and Business problems by Cramer’s Rule (Simple problems only).

Unit V

Calculus

  1. Differential Calculus: Concept of Function, Limit and Continuity, definition of Derivative, Derivative of Function, Derivative as a Rate Measure, Second Order Derivative, Maxima – Minima of Functions involving Two Variables.
  2. Integral Calculus: Integration as anti-derivative, Integration of xn log x, Rules for Integration, Integration by Substitution (Simple problems only).

Suggested Readings:

  1. B.N. Gupta: Statistics, Sahitya Bhawan Publishers & Distributers (P) Ltd.
  2. C.M.Chikkodi , Dr.B.G. Satyaprasad, Dr.K.Nirmala Business Mathematics and Statistics, Himalaya Publishing House New Delhi.
  3. C.S. Sampangiram and G.K. Ranganath A Text Book of Business Mathematics Himalaya Publishing House New Delhi.
  4. D.C. Sancheti and V.K. Kapoor: Business Mathematics, Sultan Chand & Sons
  5. Fundamentals of Statistics by S.C. Gupta, Himalaya Publishing House
  6. Goel & Goel: Mathematics & Statistics, Taxmann Allied Services (P) Ltd.
  7. J.K. Thukural: Mathematics for Business Studies, Mayoor Paperbacks, Delhi
  8. P.L. Hazarika: A Text Book of Business Mathematics, S. Chand & Co.
  9. S.P. Gupta : Statistical Methods, Sultan Chand & Sons
  10. SN De: Business Mathematics & Statistics (part-II), Chhaya Prakashni, Kolkata
  11. SP. Gupta & A. Gupta: Elementary Statistics, Sultan Chand & Sons, New Delhi
  12. SR Arora & D. Khattar: Business Mathematics with Applications S. Chand & Co.