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Fundamentals of Management
1. This paper has been designed to acquaint the students with the basic management concepts and processes in an organization.
Course Outcomes (COs):
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Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Paper Code |
Paper Title |
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MIV 121 |
Fundamentals of Management |
CO1. Understand the Functions and Principles of Management CO2. Understand process and principles of Planning and Organizing. CO3. Understand theories of Motivation and Leadership. CO4. Understand steps and techniques of controlling. CO5. Apply the concepts of decision making in a business situation.
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Approach in teaching: Interactive Hour, Group Discussion, Tutorials, Case Study
Learning activities for the students: Self-learning assignments, presentations |
Class test, Semester end examinations, Quiz, Assignments, Presentation |
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.
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)
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)
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
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
• 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
(Latest editions of the above books are to be referred)
