The concept of business has enough definitions and applications that we could almost say that everything is business. Throughout this course we will explore the various functions, roles, and characteristics of business while keeping in mind that business is like the air we breathe—it’s everywhere!

Lecture and Exam Plan (Business Law)

Week

Chapter

Major Content

Weekly class Assignment

Recommended Books

1-2

1- Introduction to business  

 

Definition of Business, Scope of Business, Aspects and functions of Business, Importance of Business, Definition of Commerce, Functions of Commerce, Industry, Different Types of Industry. 

Case Studies Relevant to Business and Commerce and its types

1- Business Law by Khalid Mehmood Cheema.

2- Business Law_ CA and ACCA notes by Atif Abidi

 

3-4

1- Introduction to Business

2- Sole Proprietorship

 

Characteristic of successful Businessman, Concept of Sole Proprietorship, Features of Sole Proprietorship, Advantages and Disadvantages of Sole Proprietorship, Suitable Field for Sole Proprietorship, Importance of Sole Proprietorship in Economic Devolpement in Pakistan

Case Studies Relevant to Successful Sole Proprietor and Success Story of Sole Proprietor

1- Business Law by Khalid Mehmood Cheema.

2- Business Law_ CA and ACCA notes by Atif Abidi

 

5-6

1- Sole Proprietorship

2- Partnership  

 

Stages of Single Business Cycle, Factors Shaping Sole Proprietorship business Cycle, Concept of Partnership, Features, Advantages and Disadvantages of Partnership, Importance of Partnership in Economic Devolpement in Pakistan

Case Studies Relevant to Partnership and Success Story of Partnership

 

1- Business Law by Khalid Mehmood Cheema.

2- Business Law_ CA and ACCA notes by Atif Abidi

 

7-8

1- Partnership

2- Company

Differences between partnership and  Sole Proprietorship, Concept of Company, Types of Company, Private Limited Company, Public Limited Company, Features, Advantages and Disadvantages of Company

Case Studies Relevant to Company

1- Business Law by Khalid Mehmood Cheema.

2- Business Law_ CA and ACCA notes by Atif Abidi

 

Mid-Term

Above All chapters are Included in Mid-term Exams

Paper Pattern:

1- MCQs 27 Marks

 

2-Current Economic affairs and its recommended solutions. 03 Marks.

 

 

Case Studies Discussed in Class are Part of Mid-term Exam

1- Business Law by Khalid Mehmood Cheema.

2- Business Law_ CA and ACCA notes by Atif Abidi

 

Time Table

Course:  Introduction to Business

Teacher Name_ Aamir Sohail

Sr No.

Day

Time

Class

Course Title

Total Students

1

Monday

11:00 - 12:30

B.Com_1st

Introduction to Business

50

2

Tuesday

11:00 - 12:30

B.Com_1st

Introduction to Business

50

 

Course Material