General Management and Entrepreneurship

Paper Code: 
ABFS 501
Credits: 
02
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

To familiarize students with the organizational structure, decision making
techniques and the concept of Entrepreneurship.

12.00
Unit I: 
Management

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 and Organization

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

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)
Leadership-Definition, Importance, Difference between
leadership and management, Functions of a leader, Styles of
Leadership-autocratic, participative and free-rein

12.00

Entrepreneurship Introduction –Meaning& Definition of
Entrepreneurship, Entrepreneur &Enterprise –Functions of
Entrepreneur -Factors influencing Entrepreneurship -Pros and
Cons of being an Entrepreneur –Qualities of an Entrepreneur
–Types of Entrepreneur

12.00

Starting the New Venture - Generating Business Idea, Sources of
New Idea, Methods of generating Ideas, creative problem solving,
opportunity recognition, environment scanning, and competitor
and Industry analysis. The Four stages of Growth model- pre
start-up-stage, Start-up Stage, Early Growth Stage, Later Growth
Stage.

Essential Readings: 

Chhabra T.N “Principles and Practice of Management” DhanpatRai& Co.
PvtLtd,New Delhi.
 Nolakha, R.L “Principles of Management” .RBD Publishers, Jaipur.2007 Holt, D.H.
Entrepreneurship new venture creation.
 G.S.Sudha, Fundamentals of entrepreneurship, RBD, Jaipur.
 S.S. Khanka, Entrepreneurship Development, S.Chand Publications, New Delhi.
 Nafees A. Khan, Fundamentals of entrepreneurship, Anmol Publications, New Delhi.

References: 

E. Gordon & K. Natarajan, Entrepreneurship Development, Himalaya Publications.
 5.Vasant Desai, Fundamentals of Entrepreneurship and Small Business Management,
Himalaya Publications
Sudha G S., “Management”, RBSA Publishers, Jaipur.2007
 Koontz, Herold and Weihrich, Heinz. “Management”, McGraw Hill, New York.5 th
edition.
 Stoner, James A.F. and Freeman, R.Edward, “Management”.,New Delhi. 6 th edition
 Mathew, M.J “Business Management” Sheel Sons Publishers,Jaipur. 1 st edition

Academic Year: