Taxmann Cracker - Fundamentals of Business Economics & Management Book for CMA Foundation 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 3^rd Edition for the CMA Foundation | Dec. 2025/June 2026 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 June 2025
• Tabular summaries at the start of each chapter
• 850+ 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 June 2023 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