FUNDAMENTALS OF MANAGEMENT

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

COURSE OUTCOME(COS):

Course outcomes

Learning and teaching strategies

Assessment Strategies

  1. On completion of this course, the students will be able to-

CO7. Create an understanding about  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

 CO8.  Evaluate the process of management's five functions and have an insight of Planning & Decision Making as the primary function of Management  

CO9. Analyze that what an organization is and identify its characteristics and also to 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

CO10. Explain the objectives and uses of Manpower Planning, job analysis etc .

CO11. Evaluate the processes of recruiting, employee selection, and Training in the current scenario

CO12. Gather and analyze both qualitative and quantitative information to isolate issues and formulate best control methods.

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

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

 

18.00
  • 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
  • Staffing: Manpower planning, Job analysis-job specification, job description, Recruitment, Sources of recruitment, Selection process, Training-objectives & methods

 

18.00
  • 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: 
  • Gupta, C. B., Business Organization, S.Chand, NewDelhi
  • Drucker, Peter Ferdinand, Management Challenges for 21stCentury, Harper Collins, USA.
  • Luthans, Fred, Organization Behaviour, McGraw Hill, New Delhi
  • Allen, Louis A., Management and Organization, McGraw Hill, NewYork
  • Ansoff, H., The New Corporate Strategy, Wiley.

 

References: 

SUGGESTED READINGS:

 

  • Koontz and Wechrich H, Essentials of Management, Tata McGraw-Hill, New Delhi.
  • Stoner, Freeman, and Gilbert, Management, Prentice Hall of India, New Delhi.
  • Terry and Franklin, Principles of Management, Prentice Hall of India, New Delhi
  • Sudha, G.S., Business Management, RBSA Publishers, Jaipur

Note: Latest edition of the readings may be used.

e- RESOURCES:

JOURNALS:                                                                                                             

  • Prabandhan
  • The Indian Journal of Commerce
  • Vikalpa: Journal of Decision Makers

 

Academic Year: 
2023-2024
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