Commerce SYBCOM – III Semester III Manan Prakashan

Commerce SYBCOM – III Manan Prakashan
Semester III

1. Introduction To Management (11 Lec.)
l Management- Concept, Nature, Functions, Managerial Skills & Competencies
l Evolution of Management Thoughts
Classical Approach: Scientific Management – F.W.Taylor’s Contribution
Classical Organisation Theory: Henri Fayol’s Principles
Neo Classical : Human Relations Approach – Elton Mayo’s Hawthorne experiments
l Modern Management Approach – Peter Drucker’s Dimensions of Management, Indian Management Thoughts: Origin & Significance of Indian Ethos to Management.

2. Planning & Decision Making (10 Lec.)
l Planning – Steps, Importance, Components, Coordination – Importance
l M.B.O – Process, Advantages, Management By Exception- Advantages; Management Information System – Concept, Components
l Decision Making – Techniques, Essentials of a Sound Decision Making, Impact of Technology on Decision Making

3. Organising (12 Lec.)
l Organising – Steps, Organisation Structures – Features of Line & Staff Organisation, Matrix Organisation, Virtual Organisation, Formal v/s Informal Organisation
l Departmentation – Meaning – Bases, Span of Management – Factors Influencing Span of Management, Tall and Flat Organisation
l Delegation of Authority – Process, Barriers to Delegation, Principles of Effective Delegation. Decentralisation : Factors Influencing Decentralisation, Centralization v/s         Decentralisation

4 Directing And Controlling (12 Lec.)
l Motivation – Concept, Importance, Influencing factors.
Importance of Communication, Barriers to Effective Communication
l Leadership – Concept, Functions, Styles, and Qualities of a good leader.
l Controlling – Concept, Steps, Essentials of good control system, Techniques of Controlling – PERT, CPM, Budgetary Control, Management Audit.