4 4 Principles & Practices of Management M-101 SYLLABUS Objective: The objective of this paper is to familiarize the student with basic management concepts and behavioral processes in the organization. The course will be an introduction to the way in which a firm can develop its managerial thinking, mission and strategy. SECTION „A‟ Unit No. 1 Particular Management an Overview, Management Defined, Functions of Management, Managerial Roles and responsibilities, System and Contingency Approach for understanding organizations, Management Thought-Classical Perspective, Scientific Management, Administrative Management, Bureaucratic Management, Behavioral Perspective. Managerial processes, functions, skills and rules in an organization, social responsibilities of Business. 2 Fundamentals of Planning - Objectives, Strategies, Policies, Decision making. 3 Fundamentals of Organizing- Nature and purpose, departmentation, Span of Management, Strategic organizing design, line and staff authority and decentralization. 4 Direction-concept, Leadership- Meaning and Importance, transitions in leadership theories, trait theories, behavioral theories, contingency theories, leadership styles and skills, managerial culture and leadership. Coordination.
Principles and Practices of Management 5 5 Control- concept, nature and purpose, control technique, control of overall performance, span of control. SECTION-„B‟ Case Study
6 6 Principles & Practices of Management MATERIAL IN THE FORM OF QUESTIONS & ANSWERS Contents Unit No. Unit Name 1 Management an overview 2 Fundamentals of Planning 3 Fundamentals of Organizing 4 Decision Concepts & Leadership 5 Controlling Annexure I Bibliography II Question Paper of last examination (2011 - 2009)
Principles and Practices of Management 7 Unit – 1 Management an Overview Q.1. Define Management and describe its essential characteristics or nature. Ans. According to Harold Koontz, ―Management is an art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals and can co-operate towards attainment of group goals‖. According to F.W. Taylor, ―Management is an art of knowing what to do, when to do and see that it is done in the best and cheapest way‖. 1. 2. 3. The act, manner, or practice of managing; handling, supervision, or control: management of a crisis; management of factory workers. The person or persons who control or direct a business or other enterprise. Skill in managing; executive ability. Management is a purposive activity. It is something that directs group efforts towards the attainment of certain pre – determined goals. It is the process of working with and through others to effectively achieve the goals of the organization, by efficiently using limited resources in the changing world. Of course, these goals may vary from one enterprise to another. E.g.: For one enterprise it may be launching of new products by conducting market surveys and for other it may be profit maximization by minimizing cost. Management involves creating an internal environment: - It is the management which puts into use the various factors of production. Therefore, it is the responsibility of management to create such conditions which are conducive to maximum efforts so that people are able to perform their task efficiently and