Elements of Business Management (3142007)  

3
Credit
3 + 0 + 0
Lect + Tuto + Pract
Teaching Scheme
70 + 30 + 0
ESE + PA + ALA
Theory Marks
0 + 0 + 0
ESE + OEP + PA
Practical Marks
ESE - End Semester Examination, PA - Progress Assessment, ALA - Active Learning Assignments, OEP -Open Ended Problem


Prerequisite
Zeal to learn the subject
Rationale
This course is helpful to understand the concept of business management in various fields of applications. Financial component along with production planning on shop floor is added to enhance the understanding of business management from engineering point of view.
Course Outcome
Sr. Co Statement Marks % weightage
CO-1 To help the students to understand the fundamental concepts and principles of management; need for setting the objectives, the basic roles, skills, functions of management. 20
CO-2 To impart the knowledge about marketing fundamentals and financial management with an insight to managerial and financial accounting reports. 25
CO-3 To provide necessary understanding regarding operations management containing methods of production, plant location, plant layout and production planning & control and human resource management along with a brief introduction of CSR & Ethics 25
CO-4 To facilitate students in understanding the basic concepts of Economics with major emphasis on demand and supply and to make them aware about the essential factors of production, various types of costs along with break-even analysis and market structure. 30

Active Learning
NPTEL