Business Management & Ethics

Paper Code: 
BCS 114
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
9.00

Nature of Management and its Process

Meaning, Objectives, Importance; Nature of Management- Science, Art, Profession; Evolution of Management; Management Functions- Planning, Organising, Personnel Management, Directing and Control; Principles of Management- Fayol and Taylor Principles; Managerial Skills; Task and Responsibilities of Professional Manager

 

9.00

Planning

Concept, Features, Importance, Limitations; Planning process; Types of Plans- Objectives, Strategy, Policy, Procedures, Method, Rule, Budget; Plan vs Programme- Policies and Procedures; Decision making

Organizing

Concept, Features, Importance, Limitations; Organizing process; Types of Organization; Structure of Organization; Centralization and De-Centralization; Delegation; Growth in Organization

 

9.00

Human Resource Management

Concept, Features, Importance, Limitations; Recruitment process- Selection; Training and Development- Methods; Functions of Personnel Manager; Performance Management; Appraisal Methods; Human Resource Planning,; Talent Management; Organization Development

Direction and Co-ordination

Direction: Concept, Features, Importance, Limitations; Elements of Directing- Supervision, Motivation, Leadership, Communication; Co-Ordination-Concept, Features, Importance, Limitations; Co-Ordination Types- Internal and External; Co-Ordination- the Essence of Management

 

9.00

Controlling

Concept, Features, Importance, Limitations; Control process; Essentials of a Good Control System; Techniques of Control- Traditional and Non-Traditional Control devices; Relationship between Planning and Controlling

 

9.00

Recent Trends in Management

Change Management; Crisis Management; Total Quality Management; Risk Management; Global Practices

Business Ethics

Overview of Ethics in Business; Elements; Ethical principles in Business- Indian and Ancient Indian Perspective

 

References: 

1. Gupta, C. B., Business Organization, S.Chand, NewDelhi
2. Study material issued by ICSI
3. Scanner-Arun Kumar(ShuchitaPrakashans(P) Ltd)
4. Weihrich, Heinz and Koontz, Harold, Essentials of Management, McGraw Hill, New York
5. Drucker, Peter Ferdinand, Management Challenges for 21st Century, Harper Collins, USA.
6. Luthans, Fred, Organization Behaviour, McGraw Hill, New York
7. Allen, Louis A., Management and Organization, McGraw Hill, New York

Academic Year: 
2019-2020
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