Dr Princy Francis, Asst. Professor of Commerce, MES Asmabi College, P.Vemballur, Kodungallur, Kerala, India
Friday, July 5, 2013
Thursday, July 4, 2013
Tuesday, July 2, 2013
An Introduction to ecommerce
Before going through the concepts of e-commerce, let
us revise the meaning of commerce. Commerce is the all activities and
procedures related with buying and selling of goods and services. It is a
process of distribution of goods from a place where they are produced and found
in plenty to a place where the goods are in short supply or scarce. It consists
of all persons, organizations and institutions engaged in the distribution of
goods and services and provides aids to trade. Aids to trade means the
activities which are necessary for the smooth flow of goods from producer to
consumer. These activities facilitates trade by removing various barriers in
the buying and selling of goods.
The need for
more timely information leads to the development of world's largest and most
widely used networks, called the Internet. The Internet is an international
collection of hardware and software from hundreds of thousands of private and
public computer networks. It represents a global platform that permits digital
information to be shared and distributed at very little cost to users.
The Internet
provides a wide range of information interaction functions, including:
communication (i.e., sending e-mails, transmitting
data, etc.),
accessing
information (i.e., searching databases, reading electronic books, etc.), and
supplying information (i.e., transferring files,
graphics, etc.).
It is no wonder
that people of commerce quickly saw opportunities in using the Internet to conduct business. It was
capacitated by businesses into universally accepted standards for storing, retrieving, formatting, and
displaying information in a networked environment.
This capacitated environment of the Internet is called the World Wide Web (WWW) and permits businesses to get
online and conduct a variety of business
activities.
Tim Berners-Lee (father
of internet) of the European Laboratory for Particle Physics was credited in 1990 with developing
several protocols used in the initial development
of the WWW (Deithel, et al. 2001, p. 12). One example of the use of the WWW
standardization capacity is the use of Web sites in conducting business transactions. It is the capacity of
the WWW that allows users of a computer over the Internet to locate and view
multimedia documents such as text, graphics, animations, and videos that make
up Web sites. As the use of the WWW matured during the 1990's, new terms
emerged to more acturately differentiate the different types of business
transactions that were taking place over
the Internet. One of these new terms was called "electronic commerce"
hereafter referred to as "e-commerce."
Monday, July 1, 2013
INFRASTRUCTURE FOR ECOMMERCE
Infrastructure is needed for ecommerce to transfer content like text, graphics, audio, video, animations etc. it should include consumer access equipments, hardware and software vendors, ecommerce application providers, global information distribution networks. More clearly the ecommerce infrastructure can be categorised as follows:-
- E-Commmerce Environment
- Infrastructure Services
- E-Commerce Solution Providers
- Tangible Infrastructure Layer
- Technology Layer
- Infrastructure Layer
- Operational Layer
Functions of E-Commerce
- E-Marketing
- E-Selling
- E-Service
- E-Analytics
- Communication
- Process Management
- Transaction Capabilities
- Attract
- Inform
- Pay
- Interact
- Product Deliver
Syllabus - PERSPECTIVES AND METHODOLOGY OF BUSINESS STUDIES
COMMON
CORE-1 PERSPECTIVES AND METHODOLOGY OF BUSINESS STUDIES
|
Instructional Hrs-72
|
Credit-4
|
OBJECTIVES-
- To understand business and its
role in society
- To understand entrepreneurship and its heuristics
- To comprehend the business environment
- To enable the student to undertake business activities
MODULE-1
Role of business in economic development - Indian development experience, role
of public and private sectors in the post-colonial period, experience of
liberalization and globalization. Different stakeholders of business firms-
owners, managers, employees and others. Emergence of �managerialism� and the role of corporate governance; the
goals of business- shareholder value maximization and its alternatives; goals
for public sector, co- operatives and nonprofit enterprises. Government
regulation of business- objectives, methods and problems. (Brief Study Only) (15hrs)
MODULE-2
Establishing business - entrepreneurship- legal, physical, financial, social,
and psychological environments for entrepreneurs- Individual and group
entrepreneurs- �intrapreneurs�. Mobilization of financial resources for
business- Individual savings- Domestic savings in India- Factors affecting
savings- Loans and advances- Sources of funds- Markets for raising money- Short
term and long term funds- Lending institutions for business funds- Banks and
non banking financial institutions- Cost of capital- documenting, funding
sources and areas of expenses- accounting and accounting practices- Return on
investment- Factors of production and rewards to factors like payment of wages,
rent, interest and profits- Payment to Government- Taxes, direct and indirect-
State and national levels- Funds from the primary and secondary markets- Stock
exchanges and their role, stock broking, stock exchange cues. (Brief Study
Only) (20hrs)
MODULE-3
Role of trained manpower for enhanced quality at individual, family,
organizational and national level. Functioning of organization-The role of human
resources- Management problems in small, medium and large organizations-Quality
of life- Production of tangible and intangible products- Marketing and its
role- Trends and Developments in Strategic Management- TQM- Bench
Marking-Statistical Quality Control-Quality Circle- Business Process
Re-engineering- Six Sigma- BPO-KPO. (Brief Study Only) (15hrs)
MODULE-4
Consumer Protection Act, 1986 �Rights of a consumer � Filing of appeals at the district level,
state level and national level. Intellectual Property Rights� meaning� Patent rights trademarks � Copyrights � Plagiarism. (15hrs)
MODULE-5
Right to information Act-Right to access information on specific issues-banking
transaction-Insurance transaction-government dealings and related services. (7hrs)
SUGGESTED
READINGS
1.
Keith Davis and William C.Frederick : Business and Society � Management, Public Policy, Ethics.
2. Peter F.
Drucker : Management � Tasks, Responsibilities, Practices.
3.
Peter F Drucker : The Practice of Management.
4.
Consumer Protection Act-1986 and its amendments.
5.
Right to Information Act.
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Syllabus - E-COMMERCE AND GENERAL INFORMATICS
COMMON
CORE-3 E-COMMERCE AND GENERAL INFORMATICS
|
Instructional Hrs-72
|
Credit-4
|
OBJECTIVE- The
objective of this course is to make the students familiar with the mechanism of
conducting business transactions through electronic media.
MODULE-1
Overview of Electronic Commerce-Introduction to E-commerce � Concepts, features and functions � Operation of e-commerce � Infrastructure for E-commerce � Application of E-Commerce in Direct Marketing
and Selling, Value Chain Integration, Supply Chain Management, Corporate
Purchasing, Financial and Information Services
(12 hrs)
MODULE-2
E-Commerce Models and Strategies -Types of E-commerce : B2B, B2C, C2C �C2B- Business Models for E-Commerce- Brokerage
Model, Aggregator Model, Info-mediary model, Community Model, Value chain
model, Manufacturer model, Advertising Model, Subscription model- Electronic
Data Interchange � Mobile Commerce and
Web Commerce - Introduction to ERP-Components.
(18 hrs)
MODULE-3
Electronic Payment Systems -Overview of Electronic Payment Systems, Cybercash
(Customer to Merchant Payments, Peer to Peer Payments, Security).Smart Card
(Card Types, Closed or Open Security, Privacy, Card Costs, Non Card Costs),
Electronic Banking, Electronic Fund Transfers.
(12 hrs)
MODULE-4 E-Commerce
Security-Introduction to Security � Passwords � Viruses � Firewalls - Encryption (PGP, SHTTP, SSL) -
digital signature � digital certificate -
other security measures
(12 hrs)
MODULE-5
Setting up of E-Commerce Business-Web development � Promotion of the web sites � Trust building � Loyalty building � Marketing and branding - Online transactions � Management and control � Product delivery � Settlement.
(18 hrs)
SUGGESTED READINGS
1. Doing Business on
the Internet E-Commerce (Electronic Commerce for Business) S. Jaiswal,Galgotia Publications.
2. E-Commerce: An
Indian Perspective, P.T.Joseph, S.J., PHI.
3. Web Commerce
Technology handbook: Daniel Minoli and Emma Minoli, TMH
4. Business on the
net: An Introduction to the �whats� and �hows� of e-commerce: Agarwala and Lal, Macmillan
India Ltd.
5. E-Commerce, the
Cutting Edge of Business: Kamalesh K Bajaj and Debjani Nag, TMH
6. E-Commerce:
Schneider, Thomson Publication
Syllabus - Specialised Accounting
CORE-14 SPECIAL
ACCOUNTING
Instructional Hrs-108
|
Credit-4
|
OBJECTIVE-
The purpose of the paper is to acquaint the students with advanced
accounting principles and procedures.
MODULE-1
Accounts of banking companies-Meaning of banking companies-Important provisions
of banking companies Act, 1949-preparation of final accounts of banking
companies-Profit and loss account, Balance sheet, transactions of special type-
Asset classification and provisions-Non performing Assets.
(30hrs)
MODULE-2
Accounts of Insurance Companies-Insurance companies-special terms-Final
accounts-Accounts of life insurance-revenue account, Profit and loss account
and balance sheet ( As per IRDA regulation Act-2002)-Determination of profit in
life insurance business-valuation balance sheet-Accounts of general insurance
companies-(Fire and Marine only)-Revenue account-Profit and loss account and
Balance sheet ( As per IRDA Regulation Act)
(30hrs)
MODULE-3
Investment account-cum-interest-Ex-interest-Cum dividend-Ex dividend-treatment
of bonus share-Right shares-Preparation of investment account-(As per AS-13)
(15hrs)
MODULE-4
Insurance claims-Types of claims-loss of stock policy-Ascertainment of the
value of stock on the date of fire-Ascertainment of actual amount of claim to
be lodged-Average clause-Loss of profit policy-Procedure to ascertain amount of
claim.
(18hrs)
MODULE-5
Computerised accounting-Tally package (9.0)-Introduction to
Tally-Features-Steps in using Tally-creation of company-Ledger accounts-Voucher
entry-Viewing final accounts.
(15hrs)
SUGGESTED READINGS
1. Jain.S.P and
Narang.K.L : Advanced Accountancy
2. Maheswari.S.N and
Maheswari S.K : Advanced Accounting
3. Paul.K.R :
Corporate Accounting
4. Dr. S.M.Shukla and
Dr.S.P.Gupta : Advanced Accounting
5. M.C. Shukla and
T.S.Grewal : Advanced Accounts
6. Rawat.D.S :
Accounting
7. Nirmal Gupta and
Chhavi Sharma : Corporate Accounting Theory and Practice
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