Fundamentals of Management

Paper Code: 
ATG / BSG/ FSG 122
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

The course will enable students to -

  1. Give insight about the fundamental concepts of management.         
  2. Develop an understand the nature and  different functions of management

Course Outcomes (COs):

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

ATG/BSG/FSG 122

Fundamentals of Management (Theory)

The students will be able to –

 

 

CO6:Understand the Principles of Management which will enable the student to gain valuable insight into the workings of business organizations. Also to Discuss and communicate the management evolution and how it will affect future managers. Moreover to Observe and evaluate the influence of historical forces on the current practice of management

 

CO7:Practice the process of management's five functions and  have an insight of Planning & Decision Making as the primary function of Management  

 

CO8: Describe what an organization is and identify its characteristics and also will learn about the various forms of organizational structure. Also to define what an informal and formal organization is and how it operates through informal groups and the grapevine. Moreover to explain how decentralization follows from delegation with the understanding of span of management and to explain how it affects an organization

 

CO9: Explain the objectives and uses of Manpower Planning, job analysis etc and to Describe the processes of recruiting, employee selection, and Training.

CO10: Gather and analyze both qualitative and quantitative information to isolate issues and formulate best control methods.

Approach in teaching

Class room Lecture (Theory/ Using Power point Presentation) /Discussions using Leading Case laws/

Learning activities for students

Role Play activities/ Moot Court/Group Discussions/ Class presentation

Class participation, tutorial assignments and presentations, class tests, C A Test, Semester End Exams.

 

18.00
Unit I: 
.

• Management: introduction- Concept, Meaning, Nature, Scope, and significance, Principles of Management, Management Functions, Roles and Skills of a manager
• Development of Management Thought: (Brief study)- Management in ancient civilizations, Management during the Medieval Period, Management during Industrial Revolution, The Period of Systematic Development of Schools of Management Thought

18.00
Unit II: 
.

• Planning: Concept, Types and Process; Principles of Planning, MBO
• Decision Making: Types and process

18.00
Unit III: 
.

• Organizing: Concept, Types, Process and Principles, Various forms of Organizational structures and their merits-demerits, Formal and informal Organization, merits and demerits, Delegation of Authority, Span of control, Centralization and Decentralization

18.00
Unit IV: 
.

• Staffing: Manpower planning, Job analysis-job specification, job description, Recruitment, Sources of recruitment, Selection process, Training-objectives & methods

18.00
Unit V: 
.

• Directing: Meaning, Importance, Principles & Techniques of directing
• Controlling: Nature of control in organizations, Types of control, steps in the control process, Controlling Techniques, Characteristics of Good Control System,
• Problems and Limitations of Control, MBE

Essential Readings: 

• Koontz and Wechrich H, Essentials of Management, Tata McGraw-Hill, New Delhi.
• Stoner, Freeman, and Gilbert, Management, Prentice Hall of India, New Delhi.

References: 

• Terry and Franklin, Principles of Management, Prentice Hall of India, New Delhi
• Mathew, M. J., Business Management, Sheelsons, Jaipur
• Sudha, G.S., Business Management, RBSA Publishers, Jaipur

Academic Year: 
2020-2021
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