VI SHVESHWAR YA SCHOOL OF B USIN ESS MAN AGEMEN T

LEGAL ASPECT OF BUSINESS

PGDM-301

Unit I
Contract Act, 1872: Definition, Concept of Contract, Valid Contract and its essential
elements, Criteria for classification for Contract, Quasi Contract, Various form of Quasi
Contracts, Discharge of Contract.

Unit II
Sales of Goods Act, 1930: Introduction, Contract of Sale, Agreement to sell, Documents
of Title, Conditions and Warranties, Doctrine of caveat emptor; Transfer of Property;
Significance of transfer of ownership rules; Performance: Delivery of goods by Seller,
Acceptance of delivery by buyer; Remedies of Breach: Rights of Unpaid-sellers

Unit III
Negotiable Instruments Act, 1881: Definition and Characteristics, Promissory notes, Bill
of Exchange and Cheques, Parties to Negotiable Instrument, Negotiation by
Unauthorized Parties, Negotiation of dishonored and overdue instruments; Banker and
Customer: Introduction, Crossing of a cheques, Obligations of a Customer, Bouncing of
Cheques

Unit IV
Partnership Act, 1932: Definition of Partnership, Types of Partnership, Formation of
Partnership, Registration of Partnerships and Kind of Partners, Rights and Liabilities of
partners, Minor’s status in partnership firm, Dissolution of partnership firm.
Companies Act, 1956: Definition of a Company, Formation of Partnership, Memorandum
and Articles of associations of a company, Types of Companies; Directors and Meetings;
Winding up of Companies.

Suggested Readings:

 Kuchhal MC- Business Law (Vikas), 2nd edition 1998.

 Tlsian- Business Law (Tata McGrew-Hill, 2nd edition)
 Kuchhal- Mercentile Law (Vikas), 1998, 4th edition
 VI SHVESHWAR YA SCHOOL OF B USIN ESS MAN AGEMEN T
RESEARCH METHODOLOGY
PGDM-302

Unit I
Introduction: Concept of research and its applications in the various functions of
management; Role and importance of research in current Indian business context; Types
of research. Types of business problems encountered by the researcher; Problems and
precautions to the researcher in India

Unit II
Process of research: Research design, various methods of research design Steps involved
in research process.

Unit III
Data Collection: Sampling procedure; Sample size; Determination and selection of
sample member; Types of data and various methods of collecting data; Preparation of
questionnaire and schedule; Precautions in preparation of questionnaire and collection of
data, Sample selection method, error in sampling and precautionary measures.

Unit IV
Analysis of data: Coding editing and tabulation of data; various kinds of charts and
diagrams used in data analysis; Application of statistical techniques for analyzing the
data, Application of Analysis of Variance (ANOVA), Uses of data analysis tools like
SPSS and Excel, Univariate, bivariate, multivariate, simple test of significance,
correlation, regression, forecasting, ethics in research

Unit V
Report Presentation: Types and layout of research report; Precautions in preparing the
research report; Bibliography and Annexure in report; Drawing conclusions; Giving
suggestions and recommendations to the concerned person.

Suggested Readings:

 Collis J and Hussey R- Business Research (Palgrave, 2003).

 Cooper- Business Research (Tata McGrew-Hill)
 Saunders- Research Methods for Business Students (Pearson Education, 3rd edition
 Beri- Market Research (Tata McGrew-Hill), 1993, 2nd edition
 David J Luck and Ronald S Ruben- Market Research (Prentice Hall of India),
1987, 7th edition
 C.R. Kothari- Research Methodology
 Deepak Bhattacharya- Research Methodology

VI SHVESHWAR YA SCHOOL OF B USIN ESS MAN AGEMEN T

 STRATEGIC MANAGEMENT
PGDM-303

Unit I
Introduction: Strategic Management (SM), Business Policy (BP) and Business Plan; Basic
concept of SM; Impact of Globalization and e-com; Theories of organizational adaptation;
Creating a learning organization; Basic model of SM; Strategic decision making; Impact of
Internet; Firm and its environment.

Unit II
Scanning the environment: Environmental scanning; Industry analysis; Competitive
intelligence; Forecasting; Synthesis of external factors.
Internal Scanning: Organizational analysis; resource-based approach; Scanning functional
resources;

Unit III
Strategic Formulation: Situational Analysis: SWOT analysis, Corporate strategy; Strategies for
growth and diversification; Process of strategic planning; Stages for corporate development;
Portfolio analysis; Core competencies; Strategic choice.

Unit IV
Strategy implementation and control: Organizing for action; Developing programmes, budgets
and procedures; How strategy to be implemented? Strategy implementation through structure,
values and ideologies; Acquisition of resources and competence; Organizational life cycle;
Management & Control, Activity-based costing; Strategic Information Systems

Unit V
Other Strategic issues: Strategic issues in managing technology and innovation; Strategic issues
in entrepreneurial ventures and small businesses; Strategic issues in not-for-profit organizations.

Suggested Readings:

 Pitts R A and Lei D-Strategic Management: Building and Sustaining Competetive

Advantage (Vikas, 3rd edition), 2003.
 Thompson A and Strickland A J-Strategic Management: Concepts and Cases (Tata
McGraw-Hills, 2002)
 Wheelen T L and Hunger J D- Concepts in Strategic Management and Business Policy
(Pearson Education, 2004)
 White C-Strategic Management (Palgrave, 2004)
 Beamish P- Asia-Pacific Cases in Strategic Management (Tata McGraw-Hill, 2000)
 David F R- Strategic Management: Concepts and Cases (Pearson Education, 9th edition)
2004.
 Dess G-Strategic Management: Creating competitive Advantage (Tata McGraw-Hill,
2002) 2004- M. Hill International, N. York.
 Hunger J D and Wheelen T L- Essential of Strategic Management (Prentice-Hall, 3 rd
edition) 2000 4th edition
 Johnson and Scholes- Exploring Corporate Strategy: Text and Cases (Prentice-Hall, 6th
edition) 2000 4th edition
 Porter M- Competitive Strategy (Macmillan) 1998
 VI SHVESHWAR YA SCHOOL OF B USIN ESS MAN AGEMEN T
PRODUCTION AND OPERATIONS MANAGEMENT
PGDM-304

Unit I
Introduction: Scope, Importance and History of Production and operations Management
Transformation Process Model: Inputs, Process and outputs; Classification of
operations; Responsibilities of Operations Manager.

Unit II
Process types in manufacturing: Project, jobbing, batch, line, mass, continuous; Process
types in services: professional services, services shops, mass services; Plant Location;
Layout planning, site location, criteria for site location decisions

Unit III
Production Planning & Control: Production planning techniques for various process
choices, techniques of production control, aggregate planning techniques, scheduling
aggregate output planning and master production schedule, material requirement planning
concept and framework

Unit IV
Quality Management: Introduction; Meaning; Quality characteristics of goods and
services, statistical quality control, statistical process control, Total Quality Management
(TQM) model; Service quality, concept of Six Sigma and its applications, Quality gap
model

Unit V
Productivity improvement techniques: Work-study; Method study; Work measurement:
time study: stopwatch time study; Work sampling, Japanese manufacturing technique,
ergonomics, incentive planning on the basis of productivity

Suggested Readings:

 Adam Jr Everetl E. R J- Production and Operation Management (Prentice-Hall

1992), 2000 5th edition..
 Chary- Production and Operation Management (Tata McGrew-Hill, 1997 9th
edition)
 Hill T- Operation Management (Palgrave, 2000)
 Johnston R et al- Cases in Operation Management (Pitman, 1993)
 McGregor D- Operations Management (McGrew-Hill, 1960)
 Morton-Production and Operation Management (Vikas)
 Haleem A- Production and Operation Management (Tata McGrew-Hill, 1997 9th
edition)
 Shankar Ravi- Industrial Engineering (Galgotia)
 Chase & Production and Operation Management, Richard Irwin London; 1995,
7th edition
 Production and Operation Management- Kanishka Bedi, (Oxford University
Press)
 VI SHVESHWAR YA SCHOOL OF B USIN ESS MAN AGEMEN T
MANAGEMENT INFORMATION SYSTEM
PGDM-305

Unit I
Introduction: MIS and Information Systems; Management Support System and
Classification

Unit II
Role of MIS: Strategic advantage with MIS; Business Process Reengineering (BPR); E-
business, E –Commerce, Enterprise Communication and Collaboration

Unit III
Decision Support System: MIS support for decision making; Decision Support Systems;
Tools of Business Support System; What if analysis; Sensitivity analysis, Goal Seeking
analysis, Optimization Analysis, Data mining for decision support.

Unit IV
Developing MIS System: Developing MIS Systems: System Development Cycle; System
Analysis; System Design.
Applications: Cross-functional MIS; ERP; CRM; SCM; Transaction Processing; Artificial
Intelligence Technologies in Business, Neural Networks, Fuzzy Logic Systems, Genetic
algorithms, Virtual Reality, Expert Systems, Executive Information System.

Suggested Readings:

 Laudon K C and Laudon J P- Management Information Systems

 James A O’Brien and George M Marakas- Management Information Systems
(Tata McGraw-Hill, 7th Edition)
 Waman S Jawadekar- Management Information Systems (Tata McGraw-Hill, 3rd
Edition)
 VI SHVESHWAR YA SCHOOL OF B USIN ESS MAN AGEMEN T
FINANCIAL MANAGEMENT
PGDM-306

Unit I
Introduction: Concept of Finance, Scope and Objectives of Finance; Profit Maximization
Vs Wealth Maximization; Functions of Finance Manager in Modern age; Financial
Decision Areas, Time value of money.

Unit II
Working Capital: Concept of Gross Working Capital and Net Working capital, Various
Approaches to Working Capital Management, Factors affecting Working Capital
Requirement.
Working Capital Management: Management of Cash, Inventory and Receivables;
Working Capital Financing: Sources of Short Term Financing, Roles of Commercial
Bank in Working Capital management

Unit III
Investment Decisions; Appraisal of Project; Techniques of Capital Budgeting and its
applications; Leverage analysis-financing, Operating and combined leverage and its
implications; EBIT-EPS analysis.
Financing Decisions: Long Term Sources of Finance, Potentiality of Equity Shares,
Preference Shares, Debenture and Bonds, sources of Long-Term Finance; Concept and
approaches of Capital Structure Decision: NI, NOI, Traditional and Modigliani Mil
Approach; Cost of Equity share; Preference Share and Debentures

Unit IV
Dividend Decisions: Concept of retained earning and plough back of profits, Relevance
and Irrelevance theory of Dividend Decision; Walter’s Model; Gordon’s Model and
Factor affecting Dividend Decision

Suggested Readings:

 Pandey I M- Financial Management (Vikas, 2004).

 Van Horne- Financial Management and Policy (Pearson Education, 12th edition)
2003
 Knott G- Financial; Management (Pal grave, 2004)
 Khan and Jain- Financial Management (Tata McGraw-Hill, 3rd Edition)
 Prasanna Chandra- Fundamentals of Financial Management (TMH), 2004
 Kirt C Butler- Multi National Finance (Vikas)
 R P Rustogi- Financial Management (Galgotia) 2000, 2nd revised
 Lawrence J Gitman- Principles of Managerial Finance 2004, Pearson Education
N. Delhi
 VI SHVESHWAR YA SCHOOL OF B USIN ESS MAN AGEMEN T
QUANTITATIVE TECHNIQUES OF BUSINESS DECISIONS-II
PGDM-307

Unit I
Linear Programming: Mathematical formulations of L.P. Models for Product-mix
problems; graphical and simplex method of solving L.P.problems.

Unit II
Queuing Theory: Characteristics of M/M/I Queue Model; Application of Poisson and
Exponential distribution in estimating Arrival Rate and Service Rate; Applications of
Queue model for better service to the customers

Unit III
Simulation: Introduction and Application; Monte Carlo Simulation Technique – one
variable, two variable, 3-variable; Application of simulation to Queuing Theory.
Decision-making environments: Decision-making under certainty, uncertainty and risk
situations; Uses of Decision tree.

Unit IV
Project Management: Construction of network; Application of CPM and PERT
techniques in project planning; Network analysis; Time-cost trade-off in network
analysis.

Suggested Readings:

 Quantitative Techniques in Management- By N. D. Vohra.

 Quantitative Analysis for Management- By Barry Reder, Ralpl M. Star, Jr.
Michael, E Hanna
 Operations Research Techniques for Management – By V. K Kapoor.
 Operation Research- By J. K. Sharma