Principles of Management – I (As per NEP 2020)

150.00

FYBMS — SEMESTER – I

Author: N. G. Kale

              M. Ahmed

FIRST EDITION 2024

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Description

SYLLABUS

4 Credits (Total 100 Marks)

MODULE – I

(1)    Introduction to Management and Managerial Thoughts:

  • Concept and Features of Management – 6M’s of Management –– Need for Management in Business and Non-Business Organizations.
  • Functions of Management – Levels of Management – Management Competencies and Skills.

(2)    Management Thoughts:

  • Peter Drucker’s Analysis Thoughts – Scientific Management Theory by F. W. Taylor – Administrative Management Theory by Henri Fayol – Human Relations Theory by Elton Mayo and Hawthorne Experiments – Henry Mintzberg Managerial Roles.
  • Indian Management Thoughts – Contribution of Kautilya and Mahatma Gandhis Principle of Trusteeship.

MODULE – II

(3)    Functions of Management – I:

  • Planning – Meaning – Significance – Components (Strategic, Single Use and Stranding Plans) Decision Making – Concept – Essentials of Sound Decision Making – Techniques.
  • Organising – Concept – Importance – Types of Organization Structure – Line and Staff, Matrix Organization Structure – Features – Formal v/s Informal.

(4)    Functions of Management – II:

  • Virtual Organizational Setups – A Prerequisite to Gen Z – Challenges – Span of Management – Factors, Tall and Flat Organization – Features.
  • Departmentation – Concept – Bases – Staffing – Concept – Process of Staffing – Decentralization – Factors – Centralization v/s Decentralization of Authority.
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