Principles of Management

Course Code: BBA 124

Credit Hour: 3

Course Group: Core Courses

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Introduction: Definition & Nature-Purpose and Principles of Management, Need for Organizations and Managers, Functions, Process, Objectives-Importance- Principles, Skills, Levels, Roles of Management, Universality of Management, Management Process, Types of Managers- Management as A ProfessionManagement as a Science and Art-Concept of Productivity, Efficiency and Effectiveness in Management-Ethics and Social Responsibility of Management, Managerial and organizational Performance.

Theories of Management: Classical, Neo-Classical and Modern Theories.

Environments of Management: Concept-Types and Components of Environment: Internal & External- Elements of direct-action Environment, Elements of indirect action Environment, Managing the Environment.

Planning: Definition-Nature-Types-Steps in Planning-Tools and Techniques for Planning, the planning process, limitation of Planning.

Objectives: Nature-Needs-Characteristics-Management By Objectives (MBO): Concept, Process, Benefits & Weaknesses, setting objectives.

Decision Making Process: Importance-Limitations-Process Of Decision Making-, Problem and Opportunity Finding, Nature of Managerial Decision Making, other Factors in Decision Making, Decision Making Styles, and Decision Support System.

Organizing: Concept-Departmentalization-Span of Control/Supervision-Organization Structure: Line and Staff Organizations, Matrix Organization-Staffing (HRM)-Delegation of Authority-Centralization and Decentralization of Authority-Committee: Concept, Reasons, Disadvantages, Considerations for Successful Operation of CommitteeCoordination-Mistakes in Organizing and Their Solutions.

Leading: Concept-Principles-Human Factors in Managing-Motivation: Concept, Importance, Theories, Financial and Non-financial Motivations-Leadership: Definition, Ingredients, Styles, Approaches/Theories of Leadership.

Controlling: Concept-Importance-Types, qualities of /requirements for effective control system-steps/process of controlling-Techniques of controlling, requirements of effective controls, Information systems and control.

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Text Book: Ricky W. Griffin; Management, (Latest edition), A.I.T.B.S. Publishers and Distributors, New Delhi.

Reference book: Stephen P. Robbins and Mary Coulter, Management, (8/e), Prentice-Hall of India (Pvt.) Ltd, 2006. Heinz Weihrich and Harold Koontz, Management: A Global Perspective, (Latest edition), McGraw-Hill Book Co. Kreitner, Robert, Management, (10/e), Houghton Mifflin Company, Boston