Topic outline

• Overview
  

  Overview

  
  

  
  

  Conceptualization
  

  Students of NFE always prefer to work in a production unit with a vision to attain the top most position in a selected area. In addition, many of them nurture a dream to become an entrepreneur. Thus, they require an in-depth knowledge of company orientation and various management philosophy to independently operate a production unit or own business. In particular, this course attempts to provide an in-depth insight of how a small to large scale food industry can be managed effectively from the stage of its inception to a full capacity factory operation with multiple production lines. At large, it would strengthen students knowledge about food industry management from the perspective of company orientation, factory operation, production economics, fanatical and banking management as well as human resources management. In addition, this course will also help students to get familiar with different terminologies used in business organizations especially in food industries.
  

  Objectives
  

  The specific objectives of the course are:
  

  • To provide elementary knowledge of business organizations, its formation, development and operational frameworks.
  • To provide basic knowledge about business economics, banking fundamentals, staff recruitment, and management policies and procedure. 
  • To introduce students with principles of production and operations management theories and its practical implications in food industries. 
    
  • To get familiar with different terminologies frequently used in business organization. 
  • To encourage and help students by providing all relevant information to become an ENTREPRENEUR.  
    

  Learning Outcomes
  

  • Able to  work in a medium to large operation unit as entry to mid level manager.
    
  • Able to develop basic managerial skills.
    
  • Able to start and operate own business. 
  • Understand and recognize key operational function of a medium to large production and supply unit. 

  • Announcements Forum

    Your Quiz-3 is available now. Please complete the attempt by 3.00 am [18/08/2020]
    
  • Assessment Strategy Forum

    Standard marks distribution guidelines of Daffodil International University

    
    

    Note: Class tests are considered as a continuous assessment. There are also provisions of performance viva in each segment. However, the teachers follow class room assessment, written test etc.

    
    

  • Detailed Course Outline File
  • Text Book Folder

    Management by Robbins 

  • Have chat about NFE-421
  • Forum: Know the Food Business Environment of Bangladesh

    [All students are kindly requested to join in the forum and participate in all active discussions]
    

  • Who is a Businessman? Interactive Content
  • Google calendar with class schedule URL
  • Meet Recording URL

    Introduction to BLC [Day Batch]

  • Meet Recording URL

    Introduction to BLC [Evening Batch]

• .
  

  .

  
  
• Frequently Asking Questions (FAQs)
  

  Frequently Asking Questions (FAQs)

  
  

  • FAQs Glossary
• Welcome To Coursera
  

  Welcome To Coursera

  
  

  • Gain Knowledge & Develop Your Skills URL
  • How To Create Account & Enroll course For Free In Coursera URL
  • Completion Record of Coursera Assignment

    Please upload your Certificates here 

• ATTENDANCE
  

  ATTENDANCE

  
  
• INTRODUCTION TO BUSINESS
  

  INTRODUCTION TO BUSINESS

  This section will provide you an alimentary idea about business organizations.  

  • What is a company? It's definition and legal entity. 
    
  • Different forms of Business Organizations (types of company)
    
  • Defining and differentiate the business and the factory
    
  • Private Ownership and Public Ownership, their Differences, Advantages and Disadvantages
    
  • Distinction between Sole Proprietary and Partnership; pros and cons
    
  • Distinction between Partnership Firm and Joint Stock Company
    

  
  

  • Lesson Instructions Glossary
  • Self Attendance URL
  • Handouts on Classification of Companies File
  • Q and A forum
  • Quiz on Introduction to Business
  • Introduction to Business Quiz Interactive Content
  • Meet Recording URL

    Evening Batch [Class on 31/05/2020] 

  • Meet Recording URL

    Day Batch [Class on 01/06/2020]

  • Meet Recording URL

    Day Batch [Class on 11/06/2020]

• COMPANY
  

  COMPANY

  In this section you will learn the followings [Flipped Classroom]
  

  • Forms of Business Organizations.      
    
  • Partnership Deed of Agreement (Components)
    
  • Name registration of a company
    
  • Mission, Vision, Objectives and Values
  • Functional departments of company and organization 
    

  * You will register your hypothetical company in the web.
  

  • Lesson Instructions Glossary
  • Handouts on Mission, Vision, Values File
  • Self Attendance URL
  • Q and A forum
  • Quiz on Company
  • Company Name Registration Process File
  • Interactive Content quiz on Company
  • Meet Recording URL

    Evening Batch [Class on 07/06/2020]

  • Meet Recording URL

    Day Batch [Class on 17/06/2020]

• QUIZ-1 [Class Test]
  

  QUIZ-1 [Class Test]

  Items	Description	Remarks
  Topic	1-2	Intro. Business and Company
  Marks	15	5x3 (segments) = 15
  Time	30 min.	each segment must be attempted

  
  

  • Quiz-1
  • Video Quiz on Management Concept Interactive Content
  • Meet Recording URL

    Quiz-1 [Day Batch]

  • Meet Recording URL

    Quiz-1 [Evening Batch]

• MANAGEMENT
  

  MANAGEMENT

  • History of Management Development
    
  • Management as a Profession 
    
  • Functions of Management
    
  • Levels of Management [autocratic and participative management]
    
  • Management hierarchy.
    
  • Assumption Theories
    

  • Lesson Instructions Glossary
  • Handouts on Management Concept File
  • Self Attendance URL
  • Q and A forum
  • Best practiced management styles URL
  • Quiz on Introduction to the Management Concept
  • Interactive Content quiz on Management Concept
  • Meet Recording -1 URL

    Management Concept [Day Batch] [04/06/2020]

  • Meet Recording-2 URL

    Management Concept [Day Batch] [08/06/2020]

  • Meet Recording URL

    Management Concept [Evening Batch] [10/06/2020]

• ELEMENTARY ECONOMICS
  

  ELEMENTARY ECONOMICS

  • Terminologies of Economics – Goods, Services, Utility, Value, Price, Wealth, Money, Demand curve, Marginal Utility. 
    
  • Micro and Macroeconomics. 
    
  • GDP, GNP, Per-capita income. 
    
  • IMF, Inflation, WTO, World bank.
  •  SWOT analysis 
    
  • Class work - Economic analysis of food sector in Bangladesh (Mandatory)*
    
  • Class work - SWOT analysis of a food company 
    

  • Lesson Instructions Glossary
  • Handouts Elementary Economics File
  • Self Attendance URL
  • Nestle case study File
  • SWOT analysis Quiz

    Students will do a SWOT analysis of known food company of their choice.
    

  • SWOT Analysis Example Template File
  • Q and A forum
  • Interactive Content quiz on ELEMENTARY ECONOMICS
  • Quiz on Elementary Economics
  • Meet Recording URL

    Day Batch [15/06/2020]

  • Meet Recording URL

    Evening Batch [14/06/2020]

• QUIZ-2 [Class Test]
  

  QUIZ-2 [Class Test]

  Items	Description	Remarks
  Topic	3-4	Management and Economics
  Marks	15	5x3 (segments) = 15
  Time	30 min.	each segment must be attempted

  
  

  • QUIZ-2

    This is a special type of quiz, please read the instruction carefully 

• MATERIALS MANAGEMENT
  

  MATERIALS MANAGEMENT

  • Importance, Objectives and Functions of Materials Management 
    
  • Scientific Purchasing, Functions of Purchase Department, Methods of Buying
    
  • Centralized vs Decentralized Buying.
    
  • Functions of Scientific Store Management, 
    
  • Inventory Management, Standard Inventory Models - EOQ, 
  • Mathematical terminologies and calculations involved in Material Managment.

  

  
  

  • Lesson Instructions Glossary
  • Video on ABC analysis

  • Self Attendance URL
  • Q and A forum
  • Handouts on Material management File
  • Case study on Post Corona crisis management in Food Sector Quiz
  • Quiz on Materials Management
  • Interactive Content quiz on MATERIALS MANAGEMENT
  • Meet Recording URL

    Material Management [Part-1] Day Batch [22/06/2020]

  • Meet Recording URL

    Material Management [Part-2] Day Batch [02/07/2020]

  • Meet Recording URL

    Material Management [Part-3] Day Batch [16/07/2020]

  • Meet Recording URL

    Material Management [Part-1] Evening Batch [17/06/2020]

  • Meet Recording URL

    Material Management [Part-2] Evening Batch [24/06/2020]

  • Meet Recording URL

    Material Management [Part-3] Evening Batch [28/06/2020]

  • Meet Recording URL

    Material Management [Part-4] Evening Batch [01/07/2020]

• MID TERM EXAMINATION
  

  MID TERM EXAMINATION

  
  

  Items	Description	Remarks
  Topic	1-6	Lectures 1-10
  Marks	25	10+10+5 (3segments) = 25
  Time	30 min.	each segment must be attempted

  
  

  • Mid Term Examination [Segment-3] Quiz

    Case study [Creative Thinking]

  • Meet Recording URL

    Staffing [Part-1] Evening Batch [19/07/2020]

• HUMAN RESOURCES MANAGEMENT
  

  HUMAN RESOURCES MANAGEMENT

  • Human Resource Planning – Steps in Manpower Planning, 
    
  • Recruitment and Selection – Process and procedures. 
    
  • Skill assessment - techniques. 
    
  • Performance Appraisal, Difference between Merit Rating and Performance Appraisal, 
    
  • Wage and Salary Administration – Concept of Wage, Factors affecting Wage. 
    
  • A 360⁰ performance appraisal system.
    
  • Motivation Theories – Maslow’s, Herzberg’s; Worker’s Participation in Management. 
    
  • Training and Development – Need for Training, Steps in Training, Training Methods.
    
  • More insight on human factors in food industry management (Youtube study).
    

  • Lesson Instructions Glossary
  • Handouts on Human Resource Management File
  • Self Attendance URL
  • Q and A forum
  • Meet Recording URL

    Staffing Part-1 [Evening Batch] [19/07/2020]

  • Meet Recording URL

    Staffing Part-1 [Day Batch] [27/07/2020]

  • Meet Recording URL

    Staffing Part-2 [Day Batch] [06/08/2020]

  • Meet Recording URL

    Staffing Part-2 [Evening Batch] [09/08/2020]

• INTERNATIONAL TRADE
  

  INTERNATIONAL TRADE

  • International Market Entry Approaches
  • International trade opportunities
    
  • Product redesigning for international market
  • Rising of food cultural fusion and shift of food market
  • Cultural diversity on processed food products
  • Global food culture and reestablishment of ethnic food

  • Lessons instructions Glossary
  • Handouts on International Trade File
  • Self Attendance URL
  • Q and A forum
  • Meet Recording URL

    International Trade [Day Batch] [10/08/2020]

  • Meet Record URL

    International Business [Evening Batch] [16/08/2020]

• QUIZ-3 [Class Test]
  

  QUIZ-3 [Class Test]

  Items	Description	Remarks
  Topic	7-8	Banking, Finance and HRM
  Marks	15	5x3 (segments) = 15
  Time	30 min.	each segment must be attempted

  
  

  • Quiz 3

    Please submit your Quiz-3 in due time. 

• OPERATIONS MANAGEMENT
  

  OPERATIONS MANAGEMENT

  • Line management procedures and models.
    
  • Location strategies and facility location selection procedures.
    
  • Supply Chain  management.
    
  • Transportation Model & 
    
  • Logistics management and different models. 
    

  • Lesson instructions Glossary
  • Handoutson Facility Location File
  • Self Attendance URL
  • Q and A forum
  • Meet Recording URL

    Facility Location [Day Batch] [13/08/2020]

  • Meet Recording URL

    Facility Location [Evening Batch] [16/08/2020]

• FINANCIAL MANAGEMENT and BANKING FUNDAMENTALS
  

  FINANCIAL MANAGEMENT and BANKING FUNDAMENTALS

  • Capital Structure - Need for Finance, Types of Capital, Methods of Raising Funds
    
  • Government and Private Bank financing options
    
  • Alternative financing model for SME     
    
  • Preparing a project budget.
    
  • Fixed Cost and variable cost.
    
  • Depreciation Methods – Straight Line Method, Reducing Balance Method
    
  • Break Even Analysis
    
  • Break Even Analysis (group task from Youtube)
    

  • Lesson Instruction Glossary
  • Handouts on Depreciation File
  • Self Attendance URL
  • PDF on Alternative financial options File
  • Q and A forum
  • Meet Record URL

    Financial Management [Day Batch] [17/08/2020]

• SUPPLY CHAIN MANAGEMENT
  

  SUPPLY CHAIN MANAGEMENT

  • Inventory Management
    
  • Basic Concept
    
  • Software for Inventory Management
    
  • Supply Chain Management
    
  • Basic Concept
    
  • Current problems with supply chain management in food sector
    
  • Cold Chain Management
    

  • Lesson Instructions Glossary
  • Handouts on Supply Chain Management File
  • Self Attendance URL
  • Q and A forum
  • Meet Recording URL

    Supply Chain Management [Day Batch] [17/08/2020]

• PRESENTATION and ASSIGNMENT
  

  PRESENTATION and ASSIGNMENT

  
  

  • Supply Chain Management during COVID-19 Assignment

    [Day Batch Only]

    
    

  • Presentation and Assignment [Day Batch Only]

    Please upload your file here. 

    163-34-576,  171-34-587,  171-34-589,  171-34-590,  171-34-591,  171-34-592,  171-34-593,  171-34-594,  171-34-595,  171-34-596,  171-34-597,  171-34-598,  171-34-599,  171-34-601, 171-34-603,  171-34-604,  171-34-606,  171-34-607,  171-34-608,  171-34-609,  171-34-610,  171-34-612,  171-34-614,  171-34-616,  171-34-617,  171-34-621,  171-34-628,  171-34-629,  171-34-630,  171-34-631,  171-34-632, 171-34-633, 171-34-639.
    

  • Presentation and Assignment [Evening Batch Only]

    [Evening Batch Only]

    163-34-575,  172-34-670,  181-34-759,  182-34-113,  182-34-114,  182-34-116,  182-34-117,  182-34-118,  182-34-119,  182-34-122,  182-34-124,  182-34-125,  182-34-127,  182-34-128,  182-34-133,  182-34-778,  182-34-779,  182-34-785,  182-34-786,  182-34-787,  182-34-794,  182-34-796,  182-34-798,  183-34-137,  183-34-138,  183-34-144,  183-34-145,  183-34-811,  183-34-825,  183-34-828,  183-34-830,  183-34-831,  183-34-832.
    

  • Meet Recording URL

    Instructions about Assignment and Presentation [28/07/2020]

• FINAL EXAMINATION
  

  FINAL EXAMINATION

  Items	Description	Remarks
  Topic	Topic 1-11	Topic 1-6 (30%) Topic 7-11 (70%)
  Marks	40	15+15+10(3 segment) = 40
  Time	2hr. 00 min.	each section must be attempted