Description

Commerce III

SYBCOM Semester III

Syllabus

1. Introduction To Management (11 Lec.)
♦ Management- Concept, Nature, Functions, Managerial Skills & Competencies
♦ 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
♦ Modern Management Approach – PeterDrucker’s Dimensions of Management, Indian Management Thoughts: Origin & Significance of Indian Ethos to Management.

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

3. Organising (12 Lec.)
♦ Organising – Steps, Organisation Structures – Features of Line & Staff Organisation, Matrix Organisation, Virtual Organisation, Formal v/s Informal Organisation
♦ Departmentation – Meaning – Bases, Span of Management – Factors Influencing Span of Management, Tall and Flat Organisation
♦ 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.)
♦ Motivation – Concept, Importance, Influencing factors.
Importance of Communication, Barriers to effective Communication
♦ Leadership – Concept, Functions, Styles, Qualities of a good leader.
♦ Controlling – Concept, Steps, Essentials of good control system, Techniques of Controlling – PERT, CPM, Budgetary Control, Management Audit.