Principles of Management B.Com 2023

Unit I Introduction to Management Meaning- Definitions – Nature
and Scope – Levels of Management – Importance – Management
Vs. Administration – Management: Science or Art –Evolution of
Management Thoughts – F. W. Taylor, Henry Fayol, Peter F. Drucker,
Elton Mayo – Functions of Management – Trends and Challenges of
Management. Managers – Qualification – Duties & Responsibilities.
Unit II Planning – Planning – Meaning – Definitions – Nature –
Scope and Functions – Importance and Elements of Planning – Types
– Planning Process – Tools and Techniques of Planning –Management
by Objective (MBO). Decision Making: Meaning –Characteristics –
Types – Steps in Decision Making – Forecasting.
Unit III Organizing Meaning – Definitions – Nature and Scope –
Characteristics – Importance – Types – Formal and Informal
Organization – Organization Chart – Organization Structure: Meaning
and Types – Departmentalization– Authority and Responsibility –
Centralization and Decentralization – Span of Management.
Unit IV Staffing Introduction – Concept of Staffing- Staffing Process
–Recruitment – Sources of Recruitment – Modern Recruitment
Methods – Selection Procedure – Test- Interview– Training: Need
– Types– Promotion –Management Games – Performance Appraisal
– Meaning and Methods – 360 degree Performance Appraisal – Work
from Home – Managing Work from Home [WFH].
Unit V Directing Motivation –Meaning – Theories – Communication
– Types – Barriers to Communications – Measures to Overcome the
Barriers. Leadership – Nature – Types and Theories of Leadership
– Styles of Leadership – Qualities of a Good Leader – Successful
Women Leaders – Challenges faced by women in workforce –
Supervision. Co-ordination and Control Co-ordination – Meaning –
Techniques of Co-ordination. Control – Characteristics – Importance
– Stages in the Control Process – Requisites of Effective Control and
Controlling Techniques – Management by Exception [MBE]