Principles and Practices of Management

Babasaheb Bhimrao Ambedkar University · LL.B. Semester 1 · BBM-105

Unit I — Overview of Management

i. Introduction: Concept, nature, process and significance of management. · ii. Managerial levels, skills, functions and roles. · iii. Management Vs. Administration. · iv. Management Science and Art. · v. Development of management thoughts: classical, neo-classical, behavioural, systems and contingency approaches.

Unit II — Planning & Organizing

i. Planning: Nature, scope and objectives of planning. · ii. Types of plans; Planning process; Business forecasting. · iii. MBO; Concept, types, process and techniques of decision-making; · iv. Bounded Rationality. · v. Organizing: Concept, nature, process and significance. · vi. Principles of an organization; Span of Control. · vii. Departmentation. · viii. Types of an organization; Authority-Responsibility. · ix. Delegation and Decentralization. · x. Formal and Informal Organization.

Unit III — Staffing, Motivation & Leadership

i. Staffing: Concept, Nature and Importance of Staffing. · ii. Motivating and Leading: Nature and Importance of motivation; Types of motivation. · iii. Theories of motivation-Maslow, Herzberg, X, Y and Z; · iv. Leadership - meaning and importance; Traits of a leader; Leadership Styles. · v. Likert's Systems of Management and Managerial Grid.

Unit IV — Controlling

i. Controlling: Controlling the basis control process – critical control points and standards. · ii. Control as a feedback system. · iii. Real-time information and control, feed forward control. · iv. Requirements for effective controls. · v. Recent Trends in Management: Social Responsibility of Management – environment friendly management.