Principles Of Business Management ( Major ) B.Com First Semester

Syllabus

Course Code: BDM-51T-102

Principles of Business Management

Unit 1

Introduction: Concept, Nature, Process and Significance of Management; Managerial Roles (Mintzberg); An Overview of Functional Areas of Management, Development of Management Thoughts – Classical, Neo-Classical and Contingency Approaches. Planning: Concept, Process, Types, Levels, Advantages, Disadvantages and Principles of Planning.

Unit 2

Decision- Making: Concept and Process; Management by Object (MBO). Organisation: Concept, Nature, process and Significance, Authority and Responsibility Relationship, Centralisation an Decentralisation; Span of Management. Coordination: Meaning, Importance, Principles and Techniques.

Unit 3

Direction: Meaning and Principles, Motivation and Leading People at Work: Motivation-Concept, Importance, Theories of – Maslow, Herzberg, McGregor and Ouchi. Leadership – Concept and Leadership Styles; System of Management.

Unit 4

Managerial Control: Concept and Process; Effective Control System; Techniques of Control. Management of Change: Concept, Nature, Types of Changes and Process of Planned Change Resistance to Change and Methods of Reducing Resistance to Change.