Co-operative Edu Tech

Saturday, 29 June 2019

Programs and Courses Outcomes of M.Com Degree

M. Com 
Programme Outcome
This program could provide well trained professionals for the Industries, Banking Sectors, Insurance Companies, Financing companies, Logistics, distribution channel management, Application of Information technology in Business, Alternative investment management technique etc.,  to meet the well trained manpower requirements.  The graduates will get hands on experience in various aspects acquiring skills for Marketing Manager, Sales Manager, Bank manager, Cost accountant, Academicians, Project management, Research Analysts, and Over all Administration abilities of the Company.  
Programme Specific Outcome
The students should possess the knowledge, skills and attitudes during the end of the M.com degree course. By virtue of the training and curriculum,  they can become an Managers, Accountants , Cost Accountants, Bank Managers, Auditors, Company Secretaries, Teachers, Professors, Stock Agents, Government jobs etc.,
Course Outcomes
Course
Outcomes
Business Environment
This paper helps the students to understand the environment of enterprises, factors affecting business and fund raising in business. .Understand how, as a result of internal and external factors, small business owners make operational decisions that have consequences for the success of their business.
Quantitative Technique for Business Decisions
This course aims to acquaint the students with the important statistical techniques for managerial decision making and to make the students learn the process of using statistical tools for validating findings and interpreting statistical results.
Accounting for Managerial Decision
This course aims to develop an understanding of the conceptual Framework of Management Accounting. After the successful completion of the course the student acquires the knowledge in the Management Accounting Techniques in business decision making.
IT Application in Commerce
This course enable the  Student to plan and develop spreadsheets that can analyze, manipulate and provide solutions to the types of questions that arise within the working environment from a variety of data sources and to create databases to provide information for decision making
Organizational Theory and Behaviour
The students understand how people act, think, and feel in organizational settings the organizational etiquettes, group behaviour, leadership qualities and analyzing the attitude of the employees. They also understand how to Develop Good Leaders.
International Business
The students acquire the knowledge about the Foreign trade, Foreign exchange, etc. Through this paper the students understand different dimensions of international business. They understand how Govt. operates the Business with the policies. Students understand top world organization and their role between various countries.

Advanced Corporate Accounting
This course aims to enlighten the students on the accounting procedures followed by the Companies.  To enable the students to be aware on the Corporate Accounting in conformity with the provision of the Companies Act.
Business Communication
On successful completion of this course the student are enabled with  good communication skill and also they learn to develop their personality.
Management Science
On successful completion of this course the student are enabled with the use of Operation Research tools for business decision
Strategic Management and Corporate Governance
On successful completion of this course the student are enabled with the use of Strategic Management and Corporate Governance
Financial Markets and Institutions
Through this paper the students learn about various financial Institutions like Stock Exchange, Mutual Funds and their functioning etc.
Income Tax Law and Practice
This course aims to provide an in-depth knowledge on the provisions of Income Tax. To familiarize the students with recent amendments in Income-tax. And Assessment of Individual and Hindu Undivided Family, Firms, Companies Computation of Tax Payable, On successful completion of this course, the student should be well versed in the prevailing act and to understand the Principles of Direct and Indirect Taxes, Calculation of Tax, Tax Authorities, Procedure
Research
Methodology  in Commerce
On successful completion of this course the student are enabled with the Knowledge in Research methods. They possessed the ability to conduct the research which helps them in their career.
Financial Management
This course enables the students with the knowledge about the Capital budgeting, Working capital, cash management, and better financial management techniques.
Security analysis and Portfolio Management
The students will be enabled with knowledge of portfolio management, Portfolio analysis.
Financial Derivatives and Risk Management
The students will be enabled with knowledge of portfolio management, Risk hedging, derivatives.
Cost Management
To keep the students conversant with the ever – enlarging Frontiers of Cost Accounting knowledge. After the successful completion of the course the student should have a thorough knowledge on the cost accounting principles and the Methods of accounting cost and knowledge of Cost sheet, Material issues, Labour cost.
Strategic Financial Management
The student will enable the knowledge of Strategic financial management tools for decision making
Tax Planning and Management
The student will enable the knowledge of tax planning and tax management tools.
Project Work & Viva-
Voce
This gives practical exposure in the Project work, knowledge which will equip the students in Research work.

Programs and Courses Outcomes of B.Com

Department of Commerce 
B. Com 
Programme Outcome
This program could provide well trained professionals for the Industries, Banking Sectors, Insurance Companies, Financing companies, Transport Agencies, Warehousing etc., to meet the well trained manpower requirements.  The graduates will get hands on experience in various aspects acquiring skills for Marketing Manager, Selling Manager, Over all Administration abilities of the Company.  
Programme
Specific Outcome
The students should possess the knowledge, skills and attitudes during the end of the B.com degree course. By virtue of the training they can become an Manager, Accountant , Management Accountant, cost Accountant, Bank Manager, Auditor, Company Secretary, Teacher, Professor, Stock Agents, Government jobs etc.,
Course
Outcomes
Management concepts and Business Ethics
To enable the students to know the intricacies of Business Management. Students will demonstrate critical-thinking, problem solving skills, effective written oral communication And the global environment in which businesses operate. They will equipped to recognize when change is needed, adapt to change as it occurs, and lead change. And student able to analyse ethical issues in organization and help to understand the right and wrong things in organization
Managerial
Economics
The students acquires the knowledge of Demand forecasting in sales management, Price fixing, market competitors, and management business economically.
Financial accounting 
On successful completion of this course the student are enabled with the Knowledge in the practical applications of accounting.
Marketing Management
On successful completion of this course the students should have the practical knowledge and he tactics in the marketing and enable to understand the Principles of marketing management, market segmentation, Product life cycle, Pricing, Branding etc.
Basic Numerical Skills
It makes the students to analyze the statistical data in an organization. They learn various techniques to organize for calculating profit and risk.
General Informatics
The student will enable the knowledge of Information technology, software and Hardware, Internet computer basics etc
Business Regulations
On successful completion of this course, the student should be well-versed in basic provisions regarding legal frame work governing the business world.
To inculcate knowledge on various laws relating to business such aslaw of contract, law of sale of goods, law of agency, Negotiable Instruments Act etc. and Making students to know about laws in insurance sector
Corporate Accounting
This course aims to enlighten the students on the accounting procedures followed by the Companies. 
To enable the students to be aware on the Corporate Accounting in conformity with the provision of the Companies Act.
E-Commerce
This paper empower the students to access e-commerce requirement of a business and developing E-plants etc.
Entrepreneurship Development
The student enable entrepreneurship development skills, and able to start new venture.
Banking and Insurance
To enlighten the students’ knowledge on Banking Regulation Acts. After the successful completion of the course the student should have athorough knowledge on Indian Banking System and Acts pertaining to it.
Cost Accounting
To keep the students conversant with the ever – enlarging Frontiers of Cost Accounting knowledge. After the successful completion of the course the student should have a thorough knowledge on the cost accounting principles and the Methods of accounting cost and knowledge of Cost sheet, Material issues, Labour cost.
Quantitative Techniques for Business
To inculcate knowledge on demonstrate understanding of basic conceptsof statistics embedded in their course. The objective of this paper is to provide an understanding for the graduate business student on statistical concepts to include measurements of location and dispersion, probability, probability distributions, sampling, estimation, hypothesis testing, regression, and correlation analysis, multiple regression and business / economic forecasting
Accounting for Management
This course aims to develop an understanding of the conceptual framework of Management Accounting. After the successful completion of the course the student acquires the knowledge in the Management Accounting Techniques in business decision
Business research Methods
On successful completion of this course the student are enabled with the Knowledge in Research methods. They possessed the ability to conduct the research which helps them in their career.
Human Recourse Management
On Successful Completion of this subject, the students should have understood the functions of Human Resource /Personnel Department, Manpower planning, performance appraisal, Salary administration, Labour Welfare, Industrial Relations etc.
Financial Market and Services
Through this paper the students learn about various financial Institutions like Stock Exchange, Mutual Funds and their functioning etc.
Financial Management
This course enables the students with the knowledge about the capital budgeting, Working capital, Cash management, and Better financial management techniques
Income Tax Law and Practice
This course aims to provide an in-depth knowledge on the provisions of Income Tax. To familiarize the students with recent amendments inIncome-tax.On successful completion of this course, the student should be wellVersed in the prevailing Act.
Auditing
This paper gives the knowledge of examines the principles and practices of internal and external auditing. The students can capable to understand the auditing as a component of recurrent and strategic activities, risk assessment, internal control, systems evaluation, forensic accountability, and contemporary audit issues and challenges.
Financial Markets and Institutions
Through this paper the students learn about various financial Institutions like Stock Exchange, Mutual Funds and their functioning etc.
Fundamentals of Investment
The students will be enabled with knowledge of portfolio management, Portfolio analysis.
Project (Three weeks Project and Viva voce)
This gives practical exposure in the Project work, knowledge which will equip the students in Research work.



Thursday, 13 June 2019

Multiple Service


1/ Example of companies that offers multiple services and/or products:
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, which provide multiple service and products like digital product, physical product, information service and physical service. They are-
Digital Product
The companies digital product includes-  the macOS and iOS operating systems, the iTunes media player, the Safari web browser, and the iLife and iWorkcreativity and productivity suites,
Physical Product
The companies physical product include- the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPodportable media player, the  smart watch, the Apple TV digital media player, and the HomePod smart speaker. 
Information Service
Informations service of Apple are- Final Cut ProLogic Pro, and Xcode.
Physical Service
Physical Service involves- iTunes Store, the iOS App Store and Mac App StoreApple Music, and iCloud.

2/  The key success factors of the implementation of manufacturing process of Apple Inc-
·         Extensive research and development system
·         Innovative product and service.
·         All apple products are top quality.
·         Well recognized Style branding.
·         Everything they produce strategically syncs and connects with everything else.
·         Wide breadth of product line.
The key success factors of the implementation of Service process of Apple Inc-
·         Customer service
·         World class marketing system
·         Market oriented product
·         User friendly products
·         Great customer crevice.


Leadership


Nature of Leadership
Leadership is the ability to influence people.  Keith Devis said that “leadership is the process of encouraging and helping others to work enthusiastically toward objectives.” So, Leadership is the potential to influence the behavior of others. Important nature of leadership are-
·        Leadership is essential for management.
·        The essence of leadership is followership- Willingness of people to follow the leader.
·        Leader can influence the followers.
·        Leadership is a personal quality.
·        Good leaders are made not born
·        Leadership contributes to organizational effectiveness through the use of desirable personal attributes to achieve good results.
·        Leadership is dynamic and involves the use of power.
·        Leadership is a people activity.
Several leadership approaches may be suited for the position described in this situation, even though Laura should implement at her non-profit organization a Transformational Leadership style. Which means treat the employees as complete human beings, considers emotions and perspectives. It is a motivational, breach resistance, flexible, people influencing leadership style.
The concept of transformational leadership started with James V. Downton in 1973 and was expanded by James Burns in 1978. In 1985, researcher Bernard M. Bass further expanded the concept to include ways for measuring the success of transformational leadership.  The qualities of a transformational leader are-
·        Encourages the motivation and positive development of followers
·        It gives importance to authenticity, cooperation and open communication
·        Acting as a social architect
·        Building trust and positive self-regard.
·        Considers emotions and perspectives.
·        Promotes intelligence, rationality, and careful problem solving.

The above leadership qualities indicate that transformational leadership is the best option in this situation to Laura

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