This book deals mainly with the first year of Bachelor of Business Management program of Mohanlal Sukhadia University Udaipur but will be found very useful for all the related courses of Commerce and Management of Various universities. Basics of various topics have been given along with applications in easy language. Solved and unsolved practice problems are given in the relevant chapters. Questions asked in different years/ exams are given at the end of each chapter. The book is designed to serve as a text as well a reference for the readers.