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SYLLABUS: VERSION DEC.09

OPERATIONS RESEARCH & DECISION MODELS

COURSE DURATION: 3 HRS PER WEEK FOR 10 WEEKSCOURSE CREDITS: 03

1. OPERATIONS RESEARCH Meaning and scope

Relevance of O.R. techniques for solving business problems

2. DYNAMIC PROGRAMMING

Deterministic dynamic programming

Selected applications of dynamic programming

3. INTEGER PROGRAMMING

Cutting plane algorithm

Integer programming model

4. INVENTORY MODELS

Deterministic models

Economic order quantity

Permissible strategies

5. SUPERVISING MODELS (SEQUENCING)

Simple case of two machines and their allocation through graphicaltechniques

6. REPLACEMENT MODEL

7. DECISION THEORY

Decision making and the parameters involved, including probabilisticsituations

Decision making under certainty, risk and uncertainty; criteria for decisionmaking under each

Expected monetary value as an aid to decision making

Decision tree and its managerial application

8. GAME THEORY Business games and strategies adopted by players

Game matrix

Pure strategies and saddle point

Mixed strategies

Dominance theory and linear programming as tools for determiningoutcomes

Application of game theory for pricing advertising and similarmanagerial decisions


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9. ASSIGNMENT PROBLEM

Job opportunity cost and its resolution

Applications of assignment models for solving business issues

10. TRANSPORTATION PROBLEM

Transportation problems and their solutions using LCM, NWCM,Vogels method

Transportation problem and optimum solutions through steppingstone method and modified distribution method

Special cases of demand/supply inequality, degeneracy, etc.

11. CRITICAL PATH METHOD AND PROGRAM EVALUATION ANDREVIEW

TECHNIQUES

Monitoring and control of time and project cost using critical path;float of

activities(total, free and independent float);estimation of time ofcompletion/duration of project

Variance analysis for estimating probability of project completion inscheduled time

Midcourse correction and crashing of duration of activities ;arrestingdelays; optimal time cost trade off

Resource and manpower allocation and leveling to match therequired schedules of project.

BASIC TEXT J. K. SHARMA: Operations Research (Macmillan)


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CONSUMER BEHAVIOR


1.FOUNDATIONS OF CONSUMER BEHAVIOR

Customer oriented Marketing

Consumer Buying Behavior & Decision Making Models- Influences on buying behavior- Consumer buying and consumption process- Consumer decision making models

Researching the Consumer

2. PERSONAL FACTORS

Demographics: Age, gender, occupation, education

Economic status and logic

Needs and motivation

Level of involvement and kind of decision making

Psychographics: Personality, lifestyle and self concept

3. INTERPERSONAL FACTORS

Culture, subculture and value system

Social Group InfluencesSocial classReference groups and opinion leadersFamily and FLCRole and status

Interpersonal factors and symbolic consumption

4. ENVIRONMENTAL FACTORS

Product offerings and innovations

Time, place and other factors

Public policy issues

5. INFORMATION RECEIPT, PROCESSING AND OUTCOMES

Stimulus, Exposure and Attention


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Encoding and decoding of message processing: Ability, opportunityand willingness to process information

Outcomes of Processing: Comprehension- Perception- Learning and comprehension- Belief- Attitude formation- Memory and retrieval- Habit formation

Adoption and Diffusion of Innovation

6. PURCHASE, CONSUMPTION AND POST-PURCHASE BEHAVIOR

Problem recognition, types of problems and types of decisions

Information search

Evaluation of alternatives

Choice making and purchase decision

Consumption and post consumption behavior:- Consumption and post consumption response- Consumer care, satisfaction and loyalty

7.INDIAN CONSUMING CLASSES

Indian Market Demographics- Economic groupings- Regional clusters- Age cohorts- Gender divides- Population density based segments

Market Segmentation

BASIC TEXT

SATISH K. BATRA & SHH KAZMI: Consumer Behaviour (Excel)


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O.B. & HRD


SECTION-A: O.B.

1. STRESS MANAGEMENT

Nature, types, and causes of stress

Personality and stress

Organizational and environmental factors

Managing stress: Individual & organizational strategies

2. CONFLICT MANAGEMENT

Meaning, attitude towards, stages, and types

Sources of conflict

Strategies to manage stress

Negotiation as a strategy

3. ORGANIZATIONAL STRUCTURE AND DESIGN

Meaning, factors affecting, and elements of organizational structure

Organizational design structures

High performance systems

4. POWER & POLITICS

Power and control issues: Definition, sources, understanding, of power

Bases of power

Organizational politics

Ethics in power and politics

5. ORGANIZATIONAL CULTURE

Meaning, functions, types, descriptions

Management of organizational structure

Changing organizational structure

International comparisons

Cross cultural dimensions: Hofsteeds analysis

6. ORGANIZATIONAL CHANGE


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Importance, determinants, and importance

Planned change: Internal and external

Unplanned change: Internal and external

Effective change program: Characteristics, models

People and change

Manager as change agent

SECTION-B: HUMAN RESOURCE DEVELOPMENT

7. HRD: CONCEPTUAL FRAMEWORK

Evolution, concept, characteristics of HRD

Objectives of HRD

HRD as a total system

Functions of HRD

HRD vs. personnel management

8. HRD: PHILOSOPHY AND STRATEGIES

Overview and philosophy HRD matrix

Policies, strategy

HRD programs: Barriers

HRD and Indian organizations

9. HRD SYSTEMS

HRD systems: Principles and process of designing

Factors affecting HRD systems designing

10. HRD MECHANISMS

Prerequisites for HRD

Variables in HRD mechanisms

HRD processes and outcomes

Organizational effectiveness

11. HRD CLIMATE AND CULTURE

HRD climate: Meaning, factors affecting

Indian culture and HRD

Development dimensions

BASIC TEXTS

KAVITA SINGH: Organizational Behaviour (Pearson) Chs.7,11,13-17

SANTOSH GUPTA & SACHIN GUPTA: Human Resource Development(Deep & Deep: 2005) Chs.1-5


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FINANCIAL MANAGEMENT


1. NATURE AND SCOPE OF FINANCIAL MANAGEMENT

Meaning, nature and scope; finance functions; job of a financemanager; organization of function.

Financial goal of a business: profit v/s wealth maximization;implications; conflict of goals among various stakeholders

1.1 CONCEPT OF TIME VALUE

Concepts of discounting, compounding, present value, future value;methods of estimation.

2. EQUITY VALUATION

Concepts of equity and its valuation

Beta estimation and cost of equity

2.1 COST OF CAPITAL

Dividend growth v/s CAPM

WACC

3. CAPITAL BUDGETING & CASHFLOW INVESTMENT ANALYSIS Investment decisions: nature; criteria for evaluation

Methods of evaluation: NPV, IRR, PI, ARR; their relative superiorityand shortcomings

Cash flow v/s profit; components of cash flow

Incremental approach for cash flow estimation

Depreciation: concept; tax treatment of depreciation

4. OPERATING LEVERAGE AND CAPITAL STRUCTURE


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Financial and combined leverage; impact of leverage on risk taking

Planning an optimum capital structure: Capital structuredetermination theories; net income approach; net operating incomeapproach; Modigliani-Miller approach; designing capital structure

5. WORKING CAPITAL MANAGEMENT

Concept and planning for working capital; financing of workingcapital; approaches for determining the financing mix; managementof inventory, receivables, and cash.

BASIC TEXT

I. M. PANDEY: Financial Management (Vikas)

ADVERTISING MANAGEMENT


1. MARKETING AND MARKETING COMMUNICATION

with special focus on advertising

2. OVERVIEW OF ADVERTISING CAMPAIGN PLANNINGSituation analysis; setting up of advertising objectives; budget estimation; decisionsabout media and vehicle choices; designing and production of message; actual

delivery; measurement of results; decision about future course of action.

3. SITUATION ANALYSIS

Knowledge about target audience(occupant profile, object of purchase,objective of purchase, occasion of purchase, organization, and operation ofbuying activity), the category/ brand usage status of the customer (non-category user, brand loyal, other brand loyal, or brand switcher), informationprocessing stage of the customer (aware, knowledgeable,Comprehension),readiness to purchase stage(liking, preference, or purchaseintention),information need of the target audience (extended problem solving,limited problem solving, routine behavior), involvement with purchase (low orhigh),and type of decision making(informational versus transformational).

4. POSITIONING PLATFORM AND OBJECTIVES OF ADVERTISING

Current and desired perception; marketing objectives (trial purchase, repeatpurchase, increased usage, purchase orientation), advertising objectives(category need establishment, brand awareness, brand attitude, brandpurchase intention, and brand purchase facilitation), and psychologicalprocessing objectives(attention, awareness, knowledge, comprehension,conviction).

5. BUDGET SETTINGFactors determining budget; steps involved; budget plan and execution.


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Process of personal selling :Prospecting , preapproach ,approach,presentation ,handling objectives/resistance, close, post sales followup

2. PLANNING THE SALES EFFORT -1: SALES PLANNING

Need for planning; sales manager as planner

Sales planning process: Selling objectives, determining operationsto meet objectives , organizing for action, implementing,measurement of results ,reevaluating and control

Unsuccessful sales planning and reasons thereof (viz, absence ofproper planning ,lack of systematic communication ,absence ofsales force involvement ..)

2.1 PLANNING THE SALES EFFORT - 2: SALES BUDGET

Purpose, benefits, and principles of setting sales budget

Various types of sales budgets :sales, expenses, administrative

,profit budgets Methods of budgeting for sales force

Requirements for successful budgeting

Developing a sales budget ,from situation analysis till actualpreparation

3. PLANNING THE SALES EFFORT - 3 : SALES POTENTIAL ANDFORECAST

Market potential and assessment: importance ,need and analysis ofpotential

Sales forecasts: Significance, qualitative methods , quantitative

methods Selection of a forecast method for accuracy and effectiveness

Difficulties associated with forecasting

3.1 PLANNING THE SALES EFFORT - 4: SALES QUOTA

Purpose and importance ;characteristics of a good sales quota

Types of sales quota

Methods of setting sales quota

Administering sales quota

3.2 PLANNING THE SALES EFFORT - 4: SALES AND COST ANALYSIS Sales controls: Objectives; process and difficulties

Sales analysis: Steps, problems in analysis, sales audits

Cost analysis :Types ;procedure

Marketing audit: Meaning; procedure; components

4. ORGANISING AND DIRECTING THE SALES EFFORT -1: HIRINGAND

TRAINING


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Recruitment: Setting requirements; selection process (upto makingoffer)

Sales training :Importance; types :initial ,follow up

Kinds: Manufacturer to distributors sales force ;manufacturer tocustomer

Sales training: Designing a program ;implementation; evaluation

4.1 ORGANISING AND DIRECTING - 2: TIME AND TERRITORYMANAGEMENT

Importance of time management

Territory management :Importance; criteria for territory design;methods for design ;

procedure for developing territories ; assigning sales force

Operating territory management :Routing ;scheduling

4.2 ORGANISING AND DIRECTING - 3: COMPENSATING

Compensation plans and their purpose ;characteristics ;types Designing of compensation plan

Implementation of plan

5. ORGANISING AND DIRECTING - 4: MOTIVATING

Concept and theories of motivation ;link between motivation andproductivity

Motivating the sales force at different stages of their career ,rightupto disengagement stage

5.1 ORGANISING AND DIRECTING - 5: LEADING

Leadership: Characteristics of an effective sales team leader

Leadership styles

Skills needed foe effective leadership

5.2 CONTROLLING THE EFFORT: EVALUATION

Performance and its determinants

Performance evaluation :Why, who, when, how to evaluate

Monitoring and reviewing performance

BASIC TEXTS

S L GUPTA: Sales & Distribution Management (Excel: Latest Edition) R. VENUGOPAL: Sales Management (Response Books: Latest

Edition)

BRAND MANAGEMENT


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BRAND MANAGEMENT: OVERVIEW

CUSTOMER BASED BRAND EQUITY

BRAND POSITIONING & BRAND ARCHITECTURE

BRAND ELEMENTS AS BUILDING BLOCKS FOR BRAND EQUITY

MARKETING PROGRAM TO BUILD EQUITY

SECONDARY BRAND ASSOCIATION AND BRAND EQUITY

DESIGNING AND IMPLEMENTING BRANDING STRATEGIES

BRAND EXTENSION & MULTIPLE BRANDS

IMP: Details of each topic can be located in the respective text books

BASIC TEXTS

KEVIN LANE KELLER: Strategic Brand Management (Pearson: 2008)chs. 1-7,11, and12.

JEAN NOEL KAPFERER: Strategic Brand Management (Kogan Page:2000): Chs. 1-10

MANAGEMENT INFORMATION SYSTEM & KM


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SECTION-A: MANAGEMENT INFORMATION SYSTEM

1. CONCEPT, ROLE AND COMPONENTS OF MIS

Concept of information system and information flow; role and importance ofinformation systems in management process; strategic role of I.T. in M.I.S ;information systems for competitive advantage

Components of MIS: Design and maintenance of M.I.S and Decision supportsystems ;development and implementation of MIS :systems analysis anddesign ;alternative application developments, financing issues (basic idea)

BPR: Concept; role of I.T. for BPR

ERP: Meaning; importance; applications; enterprise management systems (basicidea Only)

2. INFORMATION SYSTEM: THE HARDWARE & THE SOFTWARE

Computer: Machine, types and components

Hardware standards; acquisition of hardware :selection criteria and other

considerations

2.1 INFORMATION SYSTEM: THE SOFTWARE

Programming :Meaning, types; programming languages

Systems and application soft wares

Processing of information

3. DBMS

Data hierarchy: field, record, file, database; models and main components ofDBMS ; RDBMS; processing through DBMS

4. APPLICATIONS OF MIS

Applications in functional areas: Manufacturing, production, materials, personnel,finance, marketing, etc.

SECTION-B: KNOWLEDGE MANAGEMENT

5. BASICS OF KNOWLEDGE MANAGEMENT

Concept: Data, information and knowledge; knowledge types; knowledge cycle;benefits

6. KNOWLEDGE MANAGEMENT: STRATEGIC DIMENSIONS

Knowledge value proposition; capturing knowledge ;using knowledge ;leveragingknowledge ;capital for competitive advantage

Creation and codification of knowledge; architecture of knowledge systems

7. KNOWLEDGE MANAGEMENT AND TECHNOLOGY SUPPORT

Role of I T in knowledge management

Data capturing, mining and warehousing; processing and sharing of knowledgeusing I T

8. LEARNING ORGANISATIONS

Concept of a learning organization and relevance of KM

Note: The paper will be taught with the help of Indian case studies using KMsuccessfully, both from manufacturing and service sector.


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SYLLABUS: VERSION DEC.09BASIC TEXTS

AVADH GHAZIRI: Knowledge Management (Person Education)

LAUDON AND LAUDON: Management Information System (Pearson Education)

MARY SUMMER & ROBERT SCHULTHEIS: MIS A Managers View (TMH: Latest Edition)

MANAGERIAL ECONOMICS


1. INTRODUCTION

Economics And Managerial Decision Making- Managerial decision making under perfect information, risky

and uncertain situations.- Economics: Scope of economics; economics as a tool for

decision making.- Managerial Economics: Definition and scope; distinction

between economics and managerial eco.

2. CONSUMER DECISION MAKING

Demand Side Of The Market- Factors influencing demand; managerial implications.- Demand elasticities and lessons for a manager.- Demand estimation and fore casting: Basic methods.

Logic of Buying And Consumption- Conventional explanation for consumer behavior: Review- Attributes approach for explaining consumer choices

3. ECONOMICS OF SUPPLY AND PRODUCTION

Supply Side of The Market- Factors determining after of a supplier.- Supply elasticities and lessons for a manager.

Production: Conceptual Framework- Production concepts: review- Cost concepts; their role in decision making; incrementation;

engineering cost curves.- Economies and diseconomies in production and supply.

4. PRICING DECISIONS AND IMPLEMENTATION Alternative Paradigms Of Decision Making By A Firm

- The neoclassical model of firm: revenue, equilibrium, andprofit positions.

- Boumolss sales revenue maximization model.- Behavioral approach of Cyert and March.- Marris model of managerial enterprise.

Various Market Models And Market Power- Market classification based on number of players and extent

of competition; contestable markets.


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- Power of the marketer regarding price setting in each of thesituations.

Pricing Decisions And Implementations-1: PriceDetermination

- Pricing decisions when competitors would not react.- Pricing under mutual dependence conditions

- Pricing for attaining long term objectives. Pricing Decisions And Implementation-2: Specific Models Of

Pricing- Situation of multiplant operations- Cartelization- Price discrimination- Transfer pricing

Pricing Decisions And Implementation-3: Decisions InPractice

- Pricing under uncertainty.- Rule of thumb pricing.- Mark up pricing.- Product line pricing.- Price as quality indicator.- Pricing of product bundles- Promotional pricing.

Pricing Decisions And Implementation-4: New ProductPricing

- Setting the initial price.- Adjusting price overtime

5. PRICING IN A REGULATORY FRAMEWORK Market Failures And Price Regulations

- Market failures and need for regulation.- Regulations and market structure, firm behavior etc.- Price regulation

IMPORTANT NOTETreatment shall be nonmathematical and applications oriented. Teachingshall be case/real life situations based.

BASIC TEXTS

IVON PING: Managerial Economics (Blackwell Publishers) All chapters except Ch.6and 10

D N SENGUPTA AND ANINDYA SEN: Economics of Business Policy (OUP)

Chs.4,5,6,7,14 & 15


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NATIONAL ECONOMIC PLANNING (NEP-I)


1. DEVELOPMENT OF INDIAN ECONOMY

Economic development and underdevelopment: Basic concepts

Human development

Ecological environment and development: Concept of sustainabledevelopment

Indian Economy on the threshold of Independence.

Indian economy today

Explicit and implicit costs of economic growth: Illusion ofrising prosperity and the Americanization of India.

2. INDIAN ECONOMIC DEVELOPMENT IN FUTURE

Potential for economic growth and development in the New Millennium.

Alternative thinking on Indias economic progress: Growth with socialjustice

3. INSTITUTIONAL SETUP FOR ECONOMIC DEVELOPMENT

Role- positive and negative of the state in economic development.

Role- positive and negative of capitalism / market model ineconomic development.

Democracy, power groups, and the inherently iniquitous worldunder market capitalism.

Reforms needed in capitalism.

BASIC TEXTS

ARINDAM CHAUDHURI: Planning India

DR. M. K. CHAUDHURI & PROF. ARINDAM CHAUDHURI: Great Indian Dream

(Macmillan)


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UMA KAPILA: Indian Economy since Independence (Academic Foundation: Latest

Edition)

TODARO & SMITH: Economic Development (Pearson Education: Latest Edition):Relevant chapters

Note: Additional readings will be announced by the faculty in the class

GLOBAL ECONOMICS & INTERNATIONAL PLANNING (NEP-II)


1.LOGIC OF PLANNING IN INDIA

Evolution of planning

Structural constraints and development strategyRole of state as visualized in the 1950s

Evolution of strategy over the planning period: 1950s tilldate: changing perceptions.

The three basic imbalances and their solutions by the state and themarket.

2. FINANCING OF INDIAS GROWTH

Role of foreign capital

Foreign direct investment

Other forms of resources

Domestic resourcesFinancial sector: Structure, performance, and reforms

INDIA AND THE INTERNATIONAL CONTEXT

Integration of Indian economy into world economic system- Financial integration- Integration through trade and commerce

Advantages and pitfalls of integration


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BASIC TEXTS

ARINDAM CHAUDHURI: Planning India

DR. M. K. CHAUDHURI & PROF. ARINDAM CHAUDHURI: Great Indian Dream

(Macmillan)

UMA KAPILA: Indian Economy since Independence (Academic Foundation: LatestEdition)

TODARO & SMITH: Economic Development (Pearson Education: Latest Edition):

Relevant chapters

Note: Additional readings will be announced by the faculty in the class

MACRO ECONOMICS


1. INTRODUCTION Definition & scope of macroeconomics

Income and its measurement; their interpretation

Circular flow of income, output, and spending

NI and allied measures for India

2. INCOME DETERMINATION IN SHORT RUN: BASIC MODEL

Determinants of aggregate spending

Equilibrium income

Changes in income

Concepts of inflation, unemployment, business cycle, multiplier, etc.

3. INCOME DETERMINATION IN A FOUR SECTOR MODEL

Introduction of govt. in income determination model

Income determination in an open economy

Changes in income in a four sector model

Govt. and external sector in Indian economy

4. PRICE SETTING IN AD-AS FRAMEWORK

Aggregate demand, aggregate supply, and equilibrium


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Changes in income and price level

5. INCOME AND PRICES IN THE LONG RUN

Induced changes in input prices

Aggregate demand shocks and their consequences on income

Income in short run and long run

Business cycle and fiscal operations

Fiscal policy in India and its implications for income determination & change

6. INSTITUTION OF MONEY IN A MODERN ECONOMY

Definition, nature, role, and function of money

Money and credit

Banking system: A preliminary idea of credit creation

7. MONEY IN MACROECONOMICS

Demand for money: General and in India

Supply of money: General and in India (monetary aggregated) Monetary forces and aggregate demand

Macroeconomic cycles and aggregate shocks

(Note: IS/LM model is NOT in course)

8. BALANCE OF PAYMENTS AND EXCHANGE RATES

Balance of payments: Concept; Indian BOP

Foreign exchange: Market; determination

Foreign exchange markets and systems in India

9. MACROECONOMIC POLICY IN AN OPEN ECONOMY

Meaning of an open economy and openness

Macro policy in a world with perfect capital mobility

Implications of an open economy; Indian case

10. MACROEONOMIC ISSUES: INFLATION

Inflation in the macro model

The Philips curve

The Lucas AS function Inflation in India

11. UNEMPLOYMENT

Meaning, types, and characteristics of unemployment

Unemployment in India: Nature. Causes, and consequences

Cyclical and structural unemployments

Policies to reduce unemployment

12. INTERNATIONAL TRADE


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Basis of trade

Trade theories for the nations

Trade theories at the firm level

Gains from trade

BASIC TEXTS

LIPSEY AND CHRYSTAL: Economics (11th Indian Edition): Chs. 15-25 (OUP)

MINISTRY OF FINANCE: Economic Survey (Latest Edition): All Chapters (OUP)

V. IMPORTANT NOTES:

All the case studies given in Lipsey & Chrystal are in course.

The questions in examination will be application (of macroeconomics concepts)

based.

HUMAN RESOURCE SYSTEMS II

COURSE DURATION: 1 HR PER WEEK FOR 10 WEEKS

COURSE CREDIT: 01

1. INDUSTRIAL RELATIONSObjectives; requisites; nature; scope

2. INDUSTRIAL DISPUTESMeaning and kinds; causes, machinery for prevention and settlement

3. COLLECTIVE BARGAININGNature; prerequisites; techniques; processes; advantages and

disadvantages

3.1 PARTICIPATIVE MANAGEMENTForms; levels; models; objectives; working

4. WORKERS AND EMPLOYERS ASSOCIATIONSTrade unions and employers organizations: forms, purpose;

effectiveness

5. DISCIPLINE


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Concept; importance; objectives and approaches; steps in disciplinaryaction

6. GRIEVANCE MANAGEMENT

Internal enquiry; charge sheet; grievance settlement: steps andprinciples

7. LABOR WELFARE AND SOCIAL SECURITYObjectives; importance; forms

NOTE: Each topic must be covered in the specific context of Indianscenario. End term examination will have questions based on industrialrelations principles and practices prevailing in India.

The students shall study the relevant legal provisions in the course ofIndustrial Law .Hence a mere mention here would suffice.

BASIC TEXT

JOHN M IVANCEVICH: Human Resource Management (TMH: Latest Edition)

RATNA SEN: Industrial Relations shifting paradigm (Macmillan)

INDUSTRIAL LAW

COURSE DURATION: 1 HR PER WEEK FOR 10 WEEKSCOURSE CREDIT: 01

1. INTRODUCTIONObjectives behind substantive and procedural labor laws; scope and

emergence of socioeconomic foundations.

2. LAWS RELATING TO WORKING CONDITIONSFACTORIES ACT, 1948: Objectives; definition of a factory; approval,

licencing and registration; regulations relating to health, safety,welfare, hazardous processes, working hours, employment ofspecial categories (children, women, etc) leave and wages; specialprovisions; penalties and procedures for violatios; appeals allowed.


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3. LAWS RELATING TO WAGES AND BONUS

Payment of Wages Act, 1936: Need and scope; various relevantdefinitions; Rules for payment of wages; deductions from wages;maintenance of registers and records; enforcement of the Act;inspectors; claims arising out of deductions or delays in payment;appeals allowed.

Minimum Wages Act, 1948: Need and scope; objectives;constitutional provisions; items included; wage fixation and revision;enforcement; offences and penalties.

Payment of Bonus Act, 1965.

4. LAWS RELATING TO INDUSTRIAL RELATIONS

Industrial Disputes Act: Need, scope and objective; relevantdefinitions; procedure for settlement of disputes; various officials/bodies for settlement/ conciliation; arbitration mechanism andprocess, including awards and settlements; strikes and lockouts;

Legal provisions, Layotts and retrenchments; provisions relating toclosure of a unit; unfair labor practices and remedies available.

Trade Union Act, 1926: Need for a union; role and functions; historyof trade union movement in India; laws relating to TC activities:definition, registration and rules governing the functioning; rightsand privileges of a registered TV, duties and liabilities; dissolutionand derecognition of a TV.

Industrial Employment (Standing Orders) Act, 1946: objective,scope and applications; relevant definitions; matters covered understanding orders; procedure for submission, certification,registration, posting, duration and modification of standing orders;

enforcement; penalties and penalties and procedures.

BASIC TEXTS

M.C KUCHHAL & DEEPA PRAKASH: Business Legislation for management

(Vikas: Latest Edition)

AKHILESHWAR PATHAK: Legal Aspects of Business (TMH: Latest Edition)

COMPANY LAW

COURSE DURATION: 1 HR PER WEEK FOR 10 WEEKSCOURSE CREDIT: 01

1. INTRODUCTIONCorporate veil; types of companies and associations, including illegal

ones.


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2. COMPANY FORMATION

Promoters and their legal position; pre incorporation contact;provisional contracts.

Documents: Memorandum of association; articles of association;doctrine of constructive notice and indoor management; prospectsand book building.

3. SHARE CAPITAL AND SHARE HOLDERS

Share capital: Issue, allotment and forfeiture; demat; transmission;dividend and bonus shares.

Rights and duties of members and shareholders

Meetings: convening and conduct of shareholders meetings.

4. MANAGEMENT OF THE COMPANYDirectors: Qualification, appointment and disqualification: Legal

provisions; powers and duties; board meetings; removal of

directors; other managerial personnel.

5. INVESTIGATIONSInquiries and investigations into matters pertaining to formation andfunctioning of a company.

6. WINDING UPMeeting, situations, modes and procedure for winding up of a

company.

BASIC TEXTS

M.C KUCHHAL & DEEPA PRAKASH: Business Legislation for Management(Vikas: Latest Edition)

AKHILESHWAR PATHAK: Legal Aspects of Business (TMH: Latest Edition)