Topic 1: Overview of Business Specific Objectives:

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Topic 1: Overview of Business Specific Objectives: Overview of Business State various business types and sectors Introduction to Industrial Sectors Describe importance of globalisation Objectives: Get familiarized with the environment

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01
Topic 1: Overview of Business Specific Objectives:
Overview of Business
State various business types and sectors
Introduction to Industrial Sectors
Describe importance of globalisation<br>
02
Objectives: Get familiarized with the environment related to business processes.
Know the management aspects of the organisation.
Understand role and responsibilities of a Diploma Engineer.
Understand importance of quality improvement techniques.
Appreciate need and importance of safety in industries.
Understand process of Industrial finance and its management.
Know the latest trends in industrial management.<br>
03
Concept of Business Organization A firm is an ownership organization which combines the factors of production (men, material and machines) in a plant for the purpose of producing goods or services and selling them at profit.<br>