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MG2351 PRINCIPLES OF MANAGEMENT
How to study this subject
OBJECTIVE
Knowledge on the principles of management is essential for all kinds of people in all kinds of
organizations. After studying this course, students will be able to have a clear understanding of
the managerial functions like planning, organizing, staffing, leading and controlling. Students will
also gain some basic knowledge on international aspect of management.
UNIT I OVERVIEW OF MANAGEMENT 9
Organization - Management - Role of managers - Evolution of Management thought -
Organization and the environmental factors - Managing globally - Strategies for International
Business.
UNIT II PLANNING 9
Nature and purpose of planning - Planning process - Types of plans – Objectives - Managing
by objective (MBO) Strategies - Types of strategies - Policies - Decision Making - Types of
decision - Decision Making Process - Rational Decision Making Process - Decision Making
under different conditions.
UNIT III ORGANIZING 9
Nature and purpose of organizing - Organization structure - Formal and informal groups I
organization - Line and Staff authority - Departmentation - Span of control - Centralization and
Decentralization - Delegation of authority - Staffing - Selection and Recruitment - Orientation -
Career Development - Career stages – Training - Performance Appraisal.52
UNIT IV DIRECTING 9
Creativity and Innovation - Motivation and Satisfaction - Motivation Theories Leadership -
Leadership theories - Communication - Hurdles to effective communication - Organization
Culture - Elements and types of culture - Managing cultural diversity.
UNIT V CONTROLLING 9
Process of controlling - Types of control - Budgetary and non-budgetary control techniques -
Managing Productivity - Cost Control - Purchase Control - Maintenance Control - Quality Control
- Planning operations.
TOTAL : 45 PERIODS
TEXT BOOKS:
1. Stephen P. Robbins and Mary Coulter, 'Management', Prentice Hall of India,
8th edition.
2. Charles W L Hill, Steven L McShane, 'Principles of Management', Mcgraw Hill
Education, Special Indian Edition, 2007.
REFERENCES:
1. Hellriegel, Slocum & Jackson, ' Management - A Competency Based Approach', Thomson
South Western, 10th edition, 2007.
2. Harold Koontz, Heinz Weihrich and Mark V Cannice, ‘Management – A global &
Entrepreneurial Perspective’, Tata Mcgraw Hill, 12th edition, 2007.
3. Andrew J. Dubrin, 'Essentials of Management', Thomson Southwestern, 7th edition, 2007.
Official Notes
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