Fundamentals of Management

Paper Code: 
MTM 121
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 
  1. Basic management concepts of organization
  2. Processes involved in an organization

 

Course Outcomes (COs):

Course

Course outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

MTM 121

Fundamentals of Management

CO 1Analyze the Functions and Principles of Management.

CO 2Analyze process and principles of Planning and Organizing.

CO 3Distinguish and analyze various theories of Motivation.

CO 4Distinguish and analyze various theories of Leadership.

CO 5Analyze various steps and techniques of controlling.

CO 6Evaluate and apply the concepts of decision making in a business situation.

Approach in teaching :

Interactive Hours, Group Discussion, Tutorials, Case Study

 

Learning activities for the students: Self-learning assignments, presentations.

Class test, Semester end examinations, Quiz, Assignments, Presentation
 

 

12.00
Unit I: 

Management-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.
 

 

12.00
Unit II: 

Planning-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)

12.00
Unit III: 

Decision Making-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)

12.00
Unit IV: 

Motivation-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,

12.00
Unit V: 

Leadership-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

Essential Readings: 

• Chhabra T.N “Principles and Practice of Management” DhanpatRai& Co. PvtLtd,New Delhi
• Ashwathappa K. “ Organizational Behaviour”,Himalaya Publishing House,12th Edition 2017

References: 

• 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

Academic Year: 
2023-2024
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