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Jahan Institute of Higher Education, Kabul

Department of Business Administration

Program : BBA (Hons) - I


Course Name : Introduction to Business
Credit Hours : 03
Total Weeks : 16
Total Hours : 48

Course Description

Commerce is a fast moving subject. The persons who are engaged in


business and those who are to enter in this profession must acquaint themselves
with the fundamentals and new developments of business organization and
Management. Introduction to business is especially designed for the students of
business administration to equip them with the fundamental knowledge of
business and its essentials.

Week 1: concept of business


Activities of excluded from business
Entrepreneur
Deals in goods and service
Involve production or exchange of goods
Desire to earn profit
Involve element of risk
Creation of utilities

Week 2: importance of business


Mass production of goods and services
Expansion of market
Innovations employment
Criticism of business

Week 3: objective of business


Economic objective
Profit earning
Creating market
Component of business

Week 4: qualities of successful business man


Foresight
Ethical standard
Hardworking
Team spirt

Week 5: sole proprietor ship


Characteristics of sole proprietorship
Management and control
Finance
Risk
Unlimited liabilities
Advantage and disadvantage
Week 6:
Partnership
Merits and demerit of partnership
Partnership agreement /deed
Needs and importance of partnership
Contents of partnership deed

Week 7: kind of partners


General partners
Special partner
Active partner
Sleeping partner
Special partner
Secret partner

Week 8: Joint Stock Company


Voluntary association
An artificial person created by law
Limited liabilities
Perpetual existence

MID TERM EXAMINATION

Week 9: Review + discussion

Week 10 classification of companies


Advantage of joint company
Dis advantage of Joint Stock Company

Week 11: capital of company


Initial public offering
Authorized or registered company capital
Issued and UN issued capital
Subscribed capital
Over subscription
Under subscription

Week 12: debentures


Types of debenture
Difference between share and bond debenture

Week 13: business combination


Firm, industry
Causes of business combination
Types of business combination

Week 14: theory of cost


Opportunity cost
Total cost
Marginal cost
Average cost

Week 15: channel of distribution


Types of channels
Intensive distributive
Classification of goods

Week 16: off

Methodology: The teaching methodology is based on the use of PowerPoint


slides, practical case handouts and white board lecture.

 GRADING AND EVALUATION :


Subject will be considered fail if the student gets blow 55 mark in it. While
semester will be considered fail if a student gets less than 60% marks overall.
GRADING TABLE
90 and above A
80-89 B
70-79 B+
60-69 C
55-59 D
Less than 55 F
EVALUATION
Evaluation of the student is done by conduction exams, assignment and quizzes.
Their weigh age is given as below

Assignment 5%
Quize 1 5%
Quize 2 5%
Attendence 5%
Mid-term 20
%
Final term 60
%

Recommended Books:

1. INTRODUCTION TO BUSINESS by Brown/ Peterlod


2. A PRACTICAL TO BUSINESS by Koonts and Flums
3. Fundamentals Of Business By AskanZaidi

Reference Books:

1. Introduction to Business by M. Saeed Nasir


2. Financial Management by I. M. Padey
3. management a functional approach by Joseph M. Putti
4. Human Resource and Personnel Mgmt by William B Werthe, Jr. Keith Davis
5. Principles of Accounting by M.A Ghani

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