Course

Unit 1

Introduction to business management: Meaning – Definition- Features – Significance – Functions – Nature: As an Art, As a Science, And as a Profession – Levels of Management – Managerial Skills- Administration vs. Management.

Unit 2

Planning: Meaning – Definition – Features – Significance – Process – Management By Objectives: Meaning, Process, Benefits, Limitations.

Unit 3

Organizing – Meaning – Definition – Features – Significance – Process – Types of organization: Formal and Informal – Authority and Responsibility.

Unit 4

Staffing: Meaning – Definition – Features – Significance – Process – Difference between Training and Development

Unit 5

Directing and Controlling: Directing: Meaning, Definition, Features, Significance, Principles – Key Elements of Directing: Supervision, Motivation, Leadership, Communication – Controlling – Meaning – Definition – Features – Significance – Process – Resistance to control .

Course Objective:

To provide foundational understanding of the functional domains within Management.

Course Outcomes

The students will be able to:

CO1: Understand the concept of management and understand the significance of business management in various contexts.

CO2: Understand the features and significance of planning in organizational settings and identify the benefits and limitations of Management by Objectives.

CO3: Understand the significance of organizing in achieving organizational goalsand explain the process of organizing in various organizational contexts.

CO4: Explain the role of staffing process in identifying and acquiring human resources.

CO5: Identify the strategies for effective directing and Evaluate the significance of controlling in

organizational management.

Textbooks:

1. M Prasad – Principles and Practices of Management – Sultan Chand and Sons
2. Koontz, Weihrich – Essentials of Management – McGraw Hill

References:

1. Brian Henry, Richard Daft – Management – Cengage Learning
2. Stephen Robins and Marry Coulter – Management – Pearson