Syllabus
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Course Code: EI-HSM-211 Course Name: Basics of Industrial Sociology, Economics and Management |
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| MODULE NO / UNIT | COURSE SYLLABUS CONTENTS OF MODULE | NOTES |
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| 1 | Meaning of social change, nature of social change, theories of social change. The causes of social change, the process of social change. Factors of social change - the technological factors, the cultural factors, the effect of technology on major social institutions, social relations in industry. | |
| 2 | Introduction to Industrial Economic, production function and its type; least cost combination, law of variable proportion, law of return increasing, constant and diminishing. Fixed and variable costs in short run and long run, opportunity costs. Perfect competition - meaning and characteristics, Monopoly - meaning and characteristics, concept of equilibrium of a firm. | |
| 3 | Meaning of management, characteristics of management, Fayol's principles of management. Personnel management - meaning and functions, manpower - process of manpower planning, recruitment and selection - selection procedure. Training - Objectives and types of training, various methods of training. Marketing research - meaning, objectives. Purchasing management - meaning and objectives, purchase procedure, inventory control techniques. Financial management- Introduction, objectives of financial decision. | |
