Fundamentals of Management

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

Course Objectives

This course has been designed to acquaint the students with

  1.  Basic management concepts of organization
  2.  Processes involved in an organization

Course Otcoumes (CO):

Learning Outcomes (at course level)

Learning and teaching strategies

Assessment Strategies

 
 

The student wil be able to-

  1. Discuss the Functions and Principles of Management.
  2. Explain process and principles of Planning and Organizing.
  3. Classify theories of Motivation and Leadership.
  4. Identify steps and techniques of controlling.
  5. Apply the concepts of decision making in a business situation.

 

Approach in teaching:

Interactive Lectures, Group Discussion, Tutorials, Case Study

 

Learning activities for the students:

Self-learning assignments, presentations

Class test, Semester end examinations, Quiz, Assignments, Presentation

 

 

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

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

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

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

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
• 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

Academic Year: