Fundamental Of Business Management

Syllabus

(BB2)

FUNDAMENTALS OF BUSINESS MANAGEMENT

Unit-I: Introduction

Nature, Function, Definition and Importance of Management, Definition, Nature, Purpose and Scope of Management, Functions of a Manager, Is Management a Science or Art? Development of Management Thought -Scientific Management; Contribution of Taylor, Fayol, Mary Follet, Elton Mayo; Hawthorne experiments, Contingency Approach.

Unit-II: Management and Administration

Management and Administration, Management as a Profession, Professionalism of Management in India, Management Ethics and Management Culture, Skills Required of Manager, Classification of Skills, Methods of Skills Development.

Unit-III: Management Planning

Concept of Planning, Objectives, Nature, Types of Plan, Stages Involved in Planning, Characteristics of a Good Plan, Importance, Limitations of Planning, Making Planning Effective, Strategic Planning in Indian Industry.

Unit-VI: Decision Making

Concept, Characteristics of Decisions, Types of Decisions, Steps Involved in Decision Making, Importance of Decision Making, Methods of Decision Making, Committee Decision Making. Organisation - Concepts, Principle of Organisation, Importance, Features of Good Organisation Structure, Types of Organisation Structure.