Fundamentals of Management

Paper Code: 
MIB 121
Credits: 
4
Contact Hours: 
60.00
Objective: 

Paper has been designed such that it acquaints the students with the basic management concepts and organizational processes in the organization

12.00
Unit I: 

Management-Concepts, Functions, Significance of management, Management and administration, Levels of management. Principles of management-Henry Fayol and F.W Taylor, Approaches/schools of management thought – Classical , Neo-Classical and Modern.

12.00
Unit II: 

Planning-Concept, Nature, Processes, Types, Significance of planning, Planning process, Management by Objectives

Organization-Concept, Importance, Process of organizing, Principles of Organization, Types-Formal and Informal. Organization Structure-Types of Organization Structure-line, line and staff, functional, project, matrix and committee. Delegation and Decentralization of Authority(conceptual knowledge only)

12.00
Unit III: 

Decision Making-Meaning, Significance, Types of decisions, Process of decision-making, Techniques of decision-making,

Controlling-Concepts, Features, Steps of controlling, Importance, Techniques-Traditional and Modern (Elementary knowledge only)

12.00
Unit IV: 

Motivation-Meaning, Types of motivation, Importance, Theories of motivation-Maslow’s need-hierarchy theory, McGregor’s theory X and theory Y,Herzberg motivation-hygiene model, Victor-vroom expectancy model. William Ouchi’s motivation theory,

12.00
Unit V: 

Leadership-Definition, Importance, Difference between leadership and management, Functions of a leader, Styles of Leadership-autocratic, participative and free-rein, Theories of leadership-trait theory, behavioural theory- likert’s system of management, Blake and Mouton’s Managerial Grid, and Tannenbaum and Schimidt’s Continuum of leadership style and situational theory- Fiedler’s Contingency Model

Essential Readings: 
  1. Chhabra T.N “Principles and Practice of Management” DhanpatRai& Co. PvtLtd,New Delhi.
  2. Nolakha, R.L “Principles of Management” .RBD Publishers, Jaipur.2007
  3. Sudha G S., “Management”, RBSA Publishers, Jaipur.2007
References: 
  1. Koontz, Herold and Weihrich, Heinz. “Management”, McGraw Hill, New York.5th edition.
  2. Stoner, James A.F. and Freeman, R.Edward, “Management”.,New Delhi. 6th edition
  3. Mathew, M.J “Business Management” Sheel Sons Publishers,Jaipur. 1st edition
Academic Year: