B.M.M. – U122 Duration: Min 3 years – Max 6 years Eligibility: +2 or equivalent Course details: S. No First year 1 2 3 Subject Code Subject Name Credits FT1/FH1 FE1 FHS1 4 4 3 BMM1 4 5 BMM2 BMM3 Tamil/Hindi-I English-I Foundation course in Humanities and Social Science Marketing Management & Personnel Selling and Salesmanship Element of Accountancy Business Environment & Business Organization 8 8 8 BUSINESS ENVIRONMENT AND BUSINESS ORGANISATION UNIT – I Business : Meaning, Characteristics, Objectives, importance and essentials of business, Classification of business – Forms of Business Organizations – Sole tradership – Joint Hindu family Business – Partnership – Joint Stock companies – Co-operative societies – Public Utilities and Public Enterprises. UNIT – II Location of Industry – Importance of Location – Factors influencing location – size and scale of operation – Advantages of Large scale operation – Industrial Estates and District Industries Centers UNIT – III . Stock Exchange – Functions – Workings – Services – Regulation of stock Exchange in India – Business combinations – causes – types – Effects of combinations in India. UNIT – IV Economic environment of business, economic environment and business management: critical elements economic and non-economic environment : Socio-cultural environment, socio-cultural environment, sociological environment : social responsibilities – the Indian scene. UNIT – V Political Economy: Government and Business – theory of Government intervention; forms of intervention – traditional and non-traditional intervention: Government – business relationship in India – concept of liberalization and privatisation. Control and regulations: Need for regulating economic and industrial activities – regulatory role of the government – through regislative framework control of capital issues, price controls, industrial licesing policy : monopolies and restrictive trade practices act concentration of economic power. Reference Books 1. Khera SS – Government in Business. 2. Chopra B.S – Business Policy for Indian Industries 3. Amarchand – Government and Buiness 4. Aram JD – Managing Business and Public Policy 5. Agrawal PN – The History of Indian Business. 6. Bhusan K – Business Organisation 7. Vasudevan and Radheswami – Business Organisation. 8. Basu – Business Organisation and Management. ELEMENTS OF ACCOUNTANCY UNIT – I Introduction to Accounting – Recording, Posting and preparation of trial balance – Bank reconciliation statement, rectification of errors – Bills of exchange and promissory notes. UNIT – II Capital and Revenue – Financial Accounts – Balance Sheet – Single entry and self – Balancing ledger. UNIT – III Depreciation Accounting, straight line method – Diminishing balance method and annuity method – Royalties excluding sub-lease. UNIT – IV Partnership Accounts – I – Partnership Accounts – Dissolution and piecemeal distribution of cash. UNIT – V Branch Accounts – Departmental Accounts. Reference: Advanced Accounting (Vol. – I) – by R.L.Gupta & M.Radhaswamy practical problems in advanced accountancy by Jain & Narang. Advanced Accountancy - by S.N.Maheswari Advanced Accountancy - by Shukla M.C.and Grewel MARKETING MANAGEMENT UNIT I Marketing- meaning , definition, needs, wants and demands. Products –value and satisfaction- exchange, transactions and relationships. Markets. Marketing- concepts and goal of the marketing system UNIT II Consumer markets- consumer behaviour- characteristics affecting consumer behaviour- types of buying decision behaviour- buyers decision process for new products. Business markets and business buyer behaviour. UNIT III Market segmentation- segmenting a market- bases for segmenting consumer markets- segmenting business markets- market targeting- evaluating market segments. Selecting market segments- choosing and implementing a positioning strategy. UNIT IV Designing products. New product development and product life- cycle strategiesproduct diversification- pricing methods UNIT V Advertising, sales promotion and public relation. Advertising- objectives- setting the advertisements budget- evaluation- advertising media – sales promotion- personal setting- sales management. Reference Principles of marketing by Philip Kotlea and Gary Armsrong Paper – 9 PERSONAL SELLING ANS SALESMANSHIP UNIT – I Personal selling – Definition – Objectives – Features – Process – Benefits. UNIT – II Sales Management – Evolution – Objectives – Sales Executive as Co-ordinator – Theories of selling – Buyer – Seller Dyads. UNIT – III Sales potential – Meaning – Importance – Sales forecasting – Importance – Methods – Advantages. UNIT – IV Determining sales – related marketing policies – Product Policies – Pricing Policies – Distribution policies. UNIT – V Salesmanship – Concept – Importance – Qualities – Duties – Sales Organization. Reference: 1. Sales Management (Decisions, Strategies and Cases) – Richard R. Still, Edward W. Cundift. Norman A.P. Govoni. 2. Modern Marketing – R.S.N. Pillai, Bagavathi.