The Course will enable the students to equip with the knowledge of the basic principles and functionalities of Management function in a business organization.
Course |
Learning Outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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24CBSG202 |
Business Organisation and Management (Theory)
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CO37: Assess and evaluate the different forms of business organizations along with their establishment aspects. CO38: Analyze Business finance sources and Business Combination patterns with respect to regulatory compliance laid down by apex bodies. CO39: Apply the management concepts, principles and functions like planning, for smooth functioning of business organization. CO40 Determine suitable organization structures along with effective planning for staffing function. CO41: Apply direction and suitable control strategies to effectively lead the managerial position. CO42: Contribute effectively in course-specific interaction. |
Classroom lectures Using Power point presentation. Learning activities forth students: Group discussion, Case studies, Assignments, Power point Presentations |
Class assignments, presentations, Class room activity, C.A. test, Semester End Examinations. |
• Meaning and role of organization
• Ownership forms: Private Enterprise, Public Enterprise, Joint sector Enterprise
• Business Strategy: Brick and Mortar, Click, Brick and Click
• Business formats: Sole Proprietorship, Partnership, LLP, Franchising
• Establishment of business organization (steps and consideration)
Practical: Power point presentation on Business Formats
Business Finance: Need, Sources (Long term and Short term)
Business Regulatory Authorities:
• SEBI, RBI, IRDA
Business Combinations: Features, Advantage and Disadvantages
• Types and Forms of Business Combinations
Practical: Power point presentation on forms of Business Combinations
• Meaning and Significance of management
• Nature of Management
• levels of management
• Roles and Skills of a Manager
• Fayol’s Principles of management
• Functions of management
• Planning: Features, importance, Types, Process
Practical: Case study on Management and Planning
Organizing: Concept and Principles, Process
• Forms of organization structure: Functional, divisional, matrix, team-based, networking, Hierarchical, Horizontal or flat org structure
• Introduction to Formal and Informal Organisation
• Delegation of Authority: Meaning, importance and process of delegation
• Span of control: – Meaning, Factors determining Span of Control
• Centralization and Decentralization Staffing
• Concept of Staffing
• Job analysis: Job specification, Job description
• Recruitment: sources of recruitment;
• Selection: Process of Selection
Practical: Chart Preparation on Organization Structure of companies in different sectors
Directing:
• Meaning, Importance, Principles & Techniques of directing
• Motivation: meaning, importance
• Theories of motivation: Maslow, Herzberg, McGregor’s X-Y theory, & William Ouchi’s Z theory
• Leadership: Meaning, leadership styles, Theories of leadership
Controlling:
• Concept
• Process of controlling
• Types of control
• Essentials of effective control system
• Salient Developments and Contemporary Issues in Management
Practical: Case Study on leadership Styles and motivation
• Basu, C. (2017). Business Organisation and Management. McGraw Hill Education.
• Gupta, C. B., Business Organization, S. Chand, New Delhi
• Kaul, V. K. (2012). Business Organisation and Management. Pearson Education
• Kumar, Pradeep. Management: principles and applications. JSR Publication House LP Delhi. 2019
SUGGESTED READINGS
• Drucker, Peter Ferdinand, Management Challenges for 21stCentury, Harper Collins, USA.
• Luthans, Fred, Organization Behaviour, McGraw Hill, New York
• Allen, Louis A., Management and Organization, McGraw Hill, New York
• Drucker, P. F. (2006). The Practice of Management. New York: Harper & Row.
• Griffin. Management Principles and Application. Cengage, 12th Edition.
e- RESOURCES:
• Shodhganga
• Principles of Management https://d3bxy9euw4e147.cloudfront.net/oscms- prodcms/media/documents/PrinciplesofManagement-OP.pdf
• Introduction to Business
Management https://www.researchgate.net/publication/338967220_INTRODUCTION_TO
_BUSINESS_MANAGEMENT
• Management Concepts and Organizational
Behaviour https://www.ddegjust.ac.in/studymaterial/mcom/mc-101.pdf
REFERENCE JOURNALS:
• Prabandhan
• The Indian Journal of Commerce
• Vikalpa: Journal of Decision Makers