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Semester VI · PCI syllabus 2026
Drug Store and Business Management
BP607T-E4
1 credit
Elective
Coming soon
Unit 1: Unit 1
- Introduction to Trade and Industry
- Objectives and scope of business
- Classification of business activities – industry, commerce, trade
- Forms of business organization: sole proprietorship, partnership,
Unit 2: Unit 2
- cooperatives, corporations
- Features and merits/demerits of each form Pharmacy business and its legal considerations Drug Store Management
- Selection of site, space, and layout of a drug store
Unit 3: Unit 3
- Types of drug stores – hospital pharmacy, community pharmacy, chain pharmacy
- Procurement of drugs and inventory control
- Storage conditions and stock maintenance (cold storage, poisonous drugs, etc.)
- Records and registers to be maintained Inventory Control and Sales Promotion
- Introduction to inventory control: need and methods
- Economic Order Quantity (EOQ), Reorder Level (ROL), Lead time
- FIFO and LIFO methods
Unit 4: Unit 4
- Sales promotion techniques: advertising, displays, discounts
- Customer relationship management (CRM) in pharmacy Financial Management and Bookkeeping
- Basics of accounting: journal, ledger, trial balance
- Introduction to financial statements: profit and loss account, balance sheet
Unit 5: Unit 5
- Pricing policies: markup, markdown, break-even analysis
- Bank transactions: types of accounts, cheques, drafts
- Taxation basics: GST, income tax (as applicable to pharmacies) Pharmaceutical Marketing and Entrepreneurships
- Definition and scope of pharmaceutical marketing
- Elements of marketing mix (4Ps) for pharmacy
- Drug distribution channels: wholesale and retail
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