1. INTRODUCTION TO BUSINESS
LECTURE-1

2. TEACHING & ASSESSMENT PLAN
COURSE NAME - INTRODUCTION TO BUSINESS COURSE CODE - MNGT 151 CREDIT HOURS - 03 CONTACT HOURS - 48 HOURS

3. COURSE DESCRIPTION
This is an introductory course in Business, it explains the nature of business & types of business organizations. It also provides an insight on organization structure and other functions of a business organization. It explains the ethics and social responsibility of business.

4. LEARNING OUTCOMES
Students should understand the terminology and basic concepts of business
Understand the role of business in Economics and social development
Understanding the various types of business ownerships and their characteristics

5. Organizing the business enterprise
Managing Human resources and labour relations
Describe the other business functions
Learn Business Ethics and Social Responsibility of business

6. ASSESSMENTS
QUIZES
30%
MID TERMS
FINAL EXAM
40%

7. LEARNING RESOURCES
‘BUSINESS ESSENTIALS’ a text book by Ronald J. Elbert & Ricky W Griffin, 5th Edition , Prentice Hall, 2005, ISBN:

8. REFERENCES Introduction to Business by Raymond Eugene Glos 2nd Edition
Lecture slides uploaded on Eduwave learning objects.

9. Sunday, Tuesday&Thursday
TIME TABLE
DAY
TIME
VENUE
Sunday, Tuesday&Thursday
11:00 AM to 1 PM
31-3&4

10. FACULTY DETAILS
FACULTY NAME - Dr. Osama Abd El Mageed Ismail OFFICE NO - 11H-8 OFFICE TEL EXT OFFICE HOURS
DAY
TIME
All Week Days
To Be Announced

11. ATTENDANCE POLICY
As per the University Absentee Regulations Uon-RR-AP , Absentee warning notice will be issued to the student according to:
“Absentee Warning 1” has to be issued to a student who has missed 5% of course contact hours.
“Absentee Warning 2” has to be issued to a student who has missed 10% of course contact hours.
“Drop one Grade” has to be issued to a student who has missed 15% of course contact hours.
“Barred from Examination” has to be issued to a student who has missed 25% of course contact hours.

12. PLAGIARISM POLICY
As per the University Policy UoN-STC-CR , the following actions (not limited to), without proper attribution (quoting and/or referencing), will attract stringent penalties:
To copy the work of another student;
To directly copy any part of another person’s work;
To summarize another person’s work;
To use or develop an idea or thesis derived from another person’s work;
To use experimental results or data obtained or gathered by another person;
To demonstrate academic misconduct during an exam.

13. SYLLABUS : CHAPTER-1 UNDERSTANDING THE BUSINESS ENVIRONMENT
The concept of Business
The concept of profit
Factors of Production
Types of Economic systems
Demand and Supply in a Market economy

14. CHAPTER-2 UNDERSTANDING ENTREPRENEURSHIP AND BUSINESS OWNERSHIPS
Small Business
Entrepreneurship
Business ownerships
Sole Proprietor
Partnership and its types
Corporations and Their types
Franchising

15. CHAPTER-3 ORGANISING THE BUSINESS ENTERPRISES Organisational structure
Specialisation and departmentalisation
Various forms of organisational structures
Formal Vs. Informal organisations

16. CHAPTER-4 MANAGING BUSINESS ENTERPRISE Setting goals and objectives
Planning
Organising
Directing
Controlling

17. CHAPTER-5 MANAGING OPERATIONS Defining goods and services operations
Creating value through operations
The operations process
Difference between service and manufacturing operations

18. CHAPTER-6

19. CHAPTER-7 UNDERSTANDING MARKETING PROCESS
Marketing- concept and definition
Providing value and satisfaction
The marketing environment
The Marketing Mix

20. CHAPTER-8 MANAGING HUMAN RESOURCES AND LABOUR RELATIONS
Definition and concept
Human resource planning, staffing and selection
Compensation and benefits- salary and incentive programs
Equal employment opportunity

21. CHAPTER-9 UNDERSTANDING PRINCIPLES OF BUSINESS ACCOUNTING
What is Accounting
Financial versus managerial accounting
Understanding various terms used in business accounting
(Assets and liabilities, owner’s equity, balance sheets, income statements, revenue, expenses, profit, loss, cash flow and budget etc)

22. CHAPTER-10 BUSINESS ETHICS AND SOCIAL RESPONSIBILITY
Concept of ethics and ethical behavior
Business and managerial ethics
Social responsibility of Businesses
Responsibility towards environment, customers, employees and investors.