FUNDAMENTALS OF MANAGEMENT

Definition of Management – Science or Art – Manager Vs Entrepreneur – types of managers – managerial roles and skills – Evolution of Management – Scientific, human relations , system and contingency approaches

Nature and purpose of planning – planning process – types of planning – objectives – setting objectives – policies

Nature and purpose – Formal and informal organization – organization chart – organization structure – types – Line and staff authority – departmentalization – delegation of authority – centralization and decentralization

Foundations of individual and group behavior – motivation – motivation theories – motivational techniques – job satisfaction – job enrichment

System and process of controlling – budgetary and non-budgetary control techniques – use of computers and IT in Management control