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Principles and Practices of Management

The course on Principles and Practices of Management aims to provide students with an understanding of management concepts, planning, decision-making, and contemporary issues in a global context. It covers the evolution of management thought, social responsibility, organizational structure, and the principles of directing and controlling. Ultimately, students will develop managerial skills and apply ethical practices in management.

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195 views2 pages

Principles and Practices of Management

The course on Principles and Practices of Management aims to provide students with an understanding of management concepts, planning, decision-making, and contemporary issues in a global context. It covers the evolution of management thought, social responsibility, organizational structure, and the principles of directing and controlling. Ultimately, students will develop managerial skills and apply ethical practices in management.

Uploaded by

sudiptasundarrout540
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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PRINCIPLES AND PRACTICES OF MANAGEMENT

Objectives:
1. The purpose of this course is to expose the student to the basic concepts of
management in order to aid the student in understanding how an organization
functions, and in understanding the complexity and wide variety of issues managers
face in today’s business firms.
2. Discuss the various concepts of planning, Decision making and controlling to help
solving managerial problems
3. Study and understand management concepts and styles in Global context.
4. Familiarizing the students with the contemporary issues in management.

Course Contents:

UNIT I: Evolution of management thought, systems and contingency approach for


understanding organizations, managerial processes, functions, skills and roles in an organization.

UNIT II: Social responsibility of business, Scope and challenges of CSR in Indian scenario,
Management practices from past to present, Different levels of management, Managerial
skills, Roles& Functions, Manager and Business environment.

UNIT III: Planning- Objective of planning, planning process, Types of planning, Types of
plans, Corporate planning, Management by Objective, Decision-making- types, process &
techniques, making decision effective.

UNIT IV: Organizing & staffing- Meaning of organization, types of organization,


Organization structure, Span of management, Line and staff relationship, Departmentation,
Delegation- Centralization and decentralization of authority, Meaning of staffing,
Recruitment, selection & placement, Training & development.

UNIT V: Directing & Controlling- Principle of directing, Essence of coordination, Basic


control process, Different control techniques, Management by exception.
Course Outcomes:
1. Developing understanding of managerial practices and their perspectives.
2. Applying planning and managerial decision making skills.
3. Comprehend and practice Indian Ethos and Value Systems.
4. Applying value based management and ethical practices.

Reference Books:
1. Koontz Harold & Weihrich Heinz – Essentials of management (Tata McGraw Hill,
5th Edition,2008)

2. Dr. Premvir Kapoor, Principles and Practices of Management, Khanna Publishing


House,Delhi
3. Robbins & Coulter - Management (Prentice Hall of India, 9th Edition)
4. Robbins S.P. and Decenzo David A. - Fundamentals of Management: Essential.
Conceptsand Applications Pearson Education, 6th Edition.
5. Weihrich Heinz and Koontz Harold - Management: A Global and
EntrepreneurialPerspective.
6. James F.Stoner, et al, Management, Pearson Education Delhi, 2008
7. Principles of Management, George R. Terry & S.G. Franklin, AITBS, Delhi.
Text Books
1. L. M. Prasad- Principles and Practices of Management, Sulatn Chand & Sons, 7th
Edition,2007.
2. N. M. Khandelwal - Indian Ethos & Values for Management- Himalyan Publishing
The list of cases and specific references including recent articles will be announced in
the classat the time of launching of the course.

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