Description
Taxmann Fundamentals of Business Economics and Management (FBEM, Economics), CRACKER by Leena Lalit Parakh
This book caters specifically to the requirements of the Foundation Level Cost & Management Accountancy Examination, offering a thorough collection of past exam questions with detailed answers, all aligned with the latest ICMAI syllabus.
The Present Publication is the 2nd Edition for the CMA Foundation | June/Dec. 2025 Exams. This book is authored by CA. Leena Lalit Parakh, with the following noteworthy features:
[Aligned with the Latest ICMAI Syllabus] Complete adherence to the current curriculum
[Comprehensive Content]
Fully Solved Past Examination Questions till Dec. 2024
Tabular summaries at the start of each chapter
800+ MCQs
Practice questions at the end of every chapter for in-depth preparation.
Descriptive past exam questions transformed into MCQs, reflecting the latest exam pattern
[Detailed & Structured Answers] Designed to enhance conceptual clarity and support exam-focused study
[Point-wise Presentation] Facilitates quick recall and efficient revision
[Marks Distribution Analysis] Provides module-wise marks analysis from December 2022 onwards
[Comparison with ICMAI's Study Material] is provided module-wise
The contents of this book are as follows:
Fundamentals of Business Economics
Basic Concepts
The Fundamentals of Economics
Utility, Wealth & Production
Theory of Demand, Supply & Equilibrium Demand
Theory of Production
Cost of Production
Means of Production
Forms of Market
Pricing of Products & Services in Various Forms of Market
Price Discrimination
Money and Banking
Money – Types, Features & Functions
Banking – Definition, Functions, Utility & Principles
Commercial Banks & Central Bank
Measures of Credit Control & Money Market
Economic and Business Environment
Pestel (Political, Economical, Societal, Technological, Environmental & Legal) & Porter's 5 Forces Analysis
Emerging Dimensions of VUCAFU
Fundamentals of Management
Fundamentals of Management
Introduction to Management
Stewardship Theory & Agency Theory of Management
Planning, Organizing, Staffing & Leading
Communication, Coordination, Collaboration, Monitoring & Control
Organization Structure, Responsibility, Accountability & Delegation of Authority
Leadership & Motivation – Concepts & Theories
Decision-Making Types & Process