The objective of this course is to acquaint the students with concepts and techniques used in economic theory and to enable them to apply this knowledge in business decision-making.
Management: 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 Management
Schools of Management Thought
Planning: Concept, Types and Process; Principles of Planning, MBO
Decision Making: Types and process
Organizing: Concept, Types, Process and Principles, Various forms of Organizational structures and their merits-demerits, Formal and informal Organization, merits and demerits.
Authority and Responsibility, Delegation of Authority, Span of control, Centralization and Decentralization
1. Koontz and Wechrich H, Essentials of Management, Tata McGraw-Hill, New Delhi.
2. Stoner, Freeman, and Gilbert, Management, Prentice Hall of India, New Delhi.
1. Terry and Franklin, Principles of Management, Prentice Hall of India, New Delhi
2. Mathew, M. J., Business Management, Sheelsons, Jaipur
3. Sudha, G.S., Business Management, RBSA Publishers, Jaipur