Fundamentals of Management (Theory)

Paper Code: 
24MTM121
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to acquaint with the basic management concepts and organizational processes in the organization

 

Course Outcomes: 

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course title

24MTM121

Fundamentals of Management

(Theory)

CO1: Analyze the Functions and Principles of Management CO2: Analyze process and principles of Planning and Organizing.

CO3: Analyze various step and techniques of controlling and also Evaluate and apply the concepts of decision making in a business situation.

CO4: Distinguish and analyze various theories of Motivation

CO5:  Distinguish             and analyze various theories of Leadership.

CO6: Contribute effectively in course-specific interaction

Approach                         in teaching: Interactive Lectures, Group Discussion, Tutorials, Case Study

 

Learning activities for the students: Self-learning assignment, presentations

Continuous Assessment Test, Semester end examinatio ns, Quiz, Assignmen ts, Presentati on

 

12.00
Unit I: 

Introduction to Management:

Management-Concepts, Functions, Significance of management, Management and administration,

Levels of management. Principles of Management-Concept, Significance, Principles by Henry Fayol and

F.W Taylor, Approaches/schools of management thought – Classical, Neo-Classical and Modern.

 

12.00
Unit II: 
Unit II: Planning & Organization

Planning & Organization

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 & Controlling

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

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

Leadership

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: 

*Case studies related to entire topics are to be taught.

 

Essential Readings:

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

 

References: 

Suggested Readings:

  • 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

E-resources:

  • Asian Journal of Management Cases, http:// sagepub.com
  • South Asian Journal of Business and Management Cases, http:// sagepub.com

Journals:

  • Harvard Business Review
  • Nirma University Journal of Business & Management Studies

 

Academic Year: 
2024-2025
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