ANNA UNIVERSITY QUESTION PAPER
MG8591 – SYLLABUS
UNIT I INTRODUCTION TO MANAGEMENT AND ORGANIZATIONS
Definition of Management — Science or Art — Manager Vs Entrepreneur — types of managers -managerial roles and skills — Evolution of Management — Scientific, human relations, system and contingency approaches — Types of Business organization — Sole proprietorship, partnership, company-public and private sector enterprises — Organization culture and Environment — Current trends and issues in Management.
UNIT II PLANNING
Nature and purpose of planning — planning process — types of planning — objectives — setting objectives — policies — Planning premises — Strategic Management — Planning Tools and Techniques — Decision making steps and process.
UNIT III ORGANISING
Nature and purpose — Formal and informal organization — organization chart — organization structure — types — Line and staff authority — departmentalization — delegation of authority — centralization and decentralization — Job Design — Human Resource Management — HR Planning, Recruitment, selection, Training and Development, Performance Management, Career planning and management
UNIT IV DIRECTING
Foundations of individual and group behaviour — motivation — motivation theories — motivational techniques — job satisfaction — job enrichment — leadership — types and theories of leadership –communication — process of communication — barrier in communication — effective communication –communication and IT.
UNIT V CONTROLLING
System and process of controlling — budgetary and non-budgetary control techniques — use of computers and IT in Management control — Productivity problems and management — control and performance — direct and preventive control — reporting.
PRINCIPLES OF MANAGEMENT
Principle A principle is a fundamental truth or proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning Principles of Management Principles of management are broad and general guidelines for managerial decision-making and behavior. Management principles are not as rigid as principles of science as this deals with human behavior and thus are to be applied creatively given the demands of the situation.
Principles of management guide managers with useful insights into real world situations, adherence to these principles will improve their knowledge, ability and understanding of various managerial situations and circumstances.
Optimum utilization of resources and effective administration: The resources with the company are limited. Management principles equip the managers to see the cause and effect of their decisions and actions and thus reduce wastage. Optimum utilization of resources means maximum benefit with minimum cost.
3. Scientific decisions: Decisions must be based on facts, thoughtful and justifiable in terms of intended purpose. Management principles must be timely, realistic and subject to measurement and evaluation. Principles are free from bias and prejudice.
4. Meeting the changing environmental requirements: Management principles are effective and dynamic and thus help the organization to meet the changing requirements of the environment.
5. Fulfilling social responsibility: Due to the increased awareness of the public forces all companies are required to fulfill social responsibilities. Principles of management not only help in achieving organizational goals but also guide managers in performing social responsibilities.
6. Management training, education and research: Management principles are the core of management and are helpful in increasing knowledge, which forms the basis for management training and research
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