This book is a comprehensive text, indispensable for students of B Com and M Com courses of all Indian Universities. Written in a simple and lucid language, it would also be useful for various professional courses like CA, CS, ICWA and MBA.The text offers a balanced treatment of Business Organisation concepts, and principles of Business Management, spread over 34 well-thought-out chapters. These apart, the various management functions, namely, Marketing, Finance, Personnel, and Production have been discussed in separate chapters. The test is replete with references for advanced topics, and important terms and concepts. These are either cited as footnotes and chapter-end references or are mentioned in the Select Bibliography, keeping the readers interest in view. Chapter-end exercises have also been provided to give the readers on opportunity to assess their understanding of the subject.

1. Nature and Scope of Business
2. Modern Business Environment

3. Social Responsibilities and Obligations of Business Management

4. Liberalisation and The Indian Economy

5. Organisation Theory and Structure

6. Forms of Business Undertaking

7. Sole Proprietorship

8. Partnership