Business Management ( Credit 3 )
The Primary objective of this course is to impart in participating graduates with a firm understanding of the key management process and functions. After studying this course, the graduates are expected to analyze independently the basic management processes and functions of the organizations specializing in diverse field of operations.
Unit I: Introduction
Meaning and importance of business management; problems and prospects of management; socio-cultural, political-legal, and ethical issues affecting management; management as an interdisciplinary function; and key management functions.
Unit II: Planning
Basic concepts of planning; relationship between planning and decision-making; decision-making process; planning tools and techniques; types of planning; and contemporary issues in planning.
Unit III: Organizing
Basic concepts of organizing; organizational structure and design decisions; allocation of operational resources; workplace efficiency and effectiveness; management of change and innovation for development; issues governing the organizing of resources.
Unit IV: Leading
Meaning and importance of leadership: leading vs. managing; various theories of leadership; team management; issues governing leadership; employee motivation; and various theories of motivation.
Unit V: Controlling
Basic concepts of organizational controlling; controlling process; types of controls; operations and value chain management; tools for monitoring organizational performance; and quality initiatives for productivity.
Robbins. S. P. & Coulter, Mary. (2003). Management. (7th ed.). Pearson Education: New Delhi.
DeCenzo. D.A & Robbins. S. P. (2004). Fundamentals of Management. (5th ed.). Prentice Hall; New Delhi.
Koontz. H. & Weinrich Heinz. (2003). Essential of Management. (5th ed.). Tata McGraw Hill, New Delhi.;