FUNDAMENTALS OF MANAGEMENT

Management-Concepts, Functions, Significance of management, Management and administration, Levels of management.

Principles of Management-Concept, Significance, Principles by Henry Fayol and F.W Taylor, Approaches/schools of management thought – Classical, Neo-Classical and Modern.

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)

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,

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

*Case studies related to entire topics are to be taught.