ALLAMA
IQBAL OPEN UNIVERSITY, ISLAMABAD
(Department
of Commerce)
FUNDAMENTALS
of BUSINESS (463)
CHECKLIST
SEMESTER:
SPRING, 2012
This
packet comprises the following material: -
- Text book (one)
- Assignment No. 1, & 2
- Assignment forms (Two sets )
- Schedule for submitting
assignments and tutorial meetings
If you find anything missing in
this packet, please contact at the address given below:
The
Mailing Officer,
Allama Iqbal Open
University
H-8, Islamabad
051-9057611- 12
Dr.
S M Aamir Shah
Course Coordinator
ALLAMA IQBAL
OPEN UNIVERSITY ,
ISLAMABAD
(Department
of Commerce)
[
1.
PLAGIARISM OR HIRING OF GHOST
WRITER(S) FOR SOLVING THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD OF
DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
2.
SUBMITTING ASSIGNMENTS BORROWED
OR STOLEN FROM OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN “AIOU
PLAGIARISM POLICY”.
Course:
Fundamentals of Business (463) Semester:
Spring, 2012
Level: BA/B.Com Total
Marks: 100
Pass
Marks: 40
Assignment No. 1
(Unit
1-4)
Note: You are required to attempt all questions if you are unable to
understand any question of assignment, do seek help from your concerned tutor. But
keep in mind that tutors are not supposed to solve the assignment questions for
you.
Q.
1 Describe the different theories of
capitalism. Also, discuss the important features of capitalism. (20)
Q.
2 Explain the various kinds of partners.
Describe the rules prevailing in the absence of a partnership deed. (20)
Q.
3 Explain briefly the main features of
sole proprietorship, private limited company, and public limited company. (20)
Q. 4 Discuss the importance of advertising in the business. Explain the
advertising strategy and the methods for the measurement of its effectiveness. (20)
Q. 5 Define
inventory control system. Describe the essential requirements of an effective
inventory control system. (20)
Assignment No. 2
(Unit
5-9)
Q. 1 Describe
the reasons for using various different methods of paying compensation to
employees. (20)
Q. 2 What is
finance? Describe internal and external sources of finance. (20)
Q. 3 Describe
the basic steps involved in decision-making. Discuss the usefulness of
financial statements and budgeting for decision-making. (20)
Q. 4 What do
you understand by business ethics? What is the importance of observing ethics
in business? (20)
Q. 5 What is a
business combination? Describe the factors contributing to the formation of the
business combination. (20)
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