MG1351 Principles of Management

MG1351    PRINCIPLES OF MANAGEMENT                  3  0  0  100

OBJECTIVE
Knowledge on the principles of management is essential for all kinds of people in all kinds of organizations. After studying this course, students will be able to have a clear understanding of the managerial functions like planning, organizing, staffing, leading and controlling. Students will also gain some basic knowledge on international aspect of management.

1.    HISTORICAL DEVELOPMENT                        9
Definition of Management – Science or Art – Management and Administration –
Development of Management Thought – Contribution of Taylor and Fayol – Functions of Management – Types of Business Organisation.

2.    PLANNING                                    9
Nature & Purpose – Steps involved in Planning – Objectives – Setting Objectives – Process of Managing by Objectives – Strategies, Policies & Planning Premises- Forecasting – Decision-making.

3.    ORGANISING                                    9   
Nature and Purpose – Formal and informal organization – Organization Chart – Structure and Process – Departmentation by difference strategies – Line and Staff authority – Benefits and Limitations – De-Centralization and Delegation of Authority – Staffing – Selection Process  - Techniques – HRD – Managerial Effectiveness.

4.    DIRECTING                                     9
Scope – Human Factors – Creativity and Innovation – Harmonizing Objectives – Leadership – Types of Leadership Motivation – Hierarchy of needs – Motivation theories – Motivational Techniques – Job Enrichment – Communication – Process of Communication – Barriers and Breakdown – Effective Communication – Electronic media in Communication.

5.    CONTROLLING                                9
System and process of Controlling – Requirements for effective control – The Budget as Control Technique – Information Technology in Controlling – Use of computers in handling the information – Productivity – Problems and Management – Control of Overall Performance – Direct and Preventive Control – Reporting – The Global Environment – Globalization and Liberalization – International Management and Global theory of Management.

                                           TOTAL : 45
TEXT BOOKS
1.    Harold Kooritz & Heinz Weihrich “Essentials of Management”, Tata McGraw-Hill, 1998.
2.    Joseph L Massie “Essentials of Management”, Prentice Hall of India, (Pearson) Fourth Edition, 2003.

REFERENCES
1    Tripathy PC And Reddy PN, “ Principles of Management”, Tata McGraw-Hill, 1999.
2.    Decenzo David, Robbin Stephen A, ”Personnel and Human Reasons Management”, Prentice Hall of India, 1996
3.    JAF Stomer, Freeman R. E and Daniel R Gilbert Management, Pearson Education, Sixth Edition, 2004.
4.    Fraidoon Mazda, “Engineering Management”, Addison Wesley,-2000.


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