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Fundamentals of Management [1]

Paper Code: 
MIB 121
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
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

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

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 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

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

12.00

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: 

Chhabra T.N “Principles and Practice of Management” DhanpatRai& Co. PvtLtd,New Delhi.
• Nolakha, R.L “Principles of Management” .RBD Publishers, Jaipur.2007
• Sudha G S., “Management”, RBSA Publishers, Jaipur.2007

References: 
  • Koontz, Herold and Weihrich, Heinz. “Management”, McGraw Hill, New York.5th edition. 
  •  Stoner, James A.F. and Freeman, R.Edward, “Management”.,New Delhi. 6th edition
  •  Mathew, M.J “Business Management” Sheel Sons Publishers,Jaipur. 1st edition
ACADEMIC YEAR: 
2018-2019 [2]

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Links:
[1] https://www.foreigntrade.iisuniv.ac.in/courses/subjects/fundamentals-management-2
[2] https://www.foreigntrade.iisuniv.ac.in/academic-year/2018-2019