Business - meaning -business and profession, requirements of a successful business- Organization - meaning - importance of business organization. Forms of business Organization-Sole traders, partnership, Joint Hindu family firm - Joint Stock Companies - Cooperative Organizations - Public Utilities and Public Enterprises
Definition of Management – Management and Administration – Nature and Scope of Management - Functions of Management - Contribution of F.W. Taylor – Henry Fayol – Mary Parker Follet – Mc Gregor and Peter F. Drucker.
Planning: meaning and purpose of planning - steps in planning - types of planning. Objectives and Policies - Decision making: Process of Decision making - types of Decisions.
Organising: Types of organisation - Organizational structure - span of control – use of staff units and committees. Delegation: Delegation and centralization - Line and Staff relationship. Staffing: Sources of recruitment - Selection process - training.
Directing: Nature and purpose of Directing. Controlling: Need for co-ordination - meaning and importance of controls - control process - Budgetary and non-Budgetary controls - Modern trends in Management Process.
Reference Book:
1. Pradeep Kumar ,Principles Of Management ,KedarNath Ramnath Publishing ,Edition-1,1997. 2. Tripathi P.C, Principles Of Management, Tata Macgrill- New Delhi, Edition-1 1999. 3.Nakkiran, Principles Of Management, Rainbow Publishing, Edition-1 2000. 4 Principles of Management - Koontz and O’Donald 5. Rekha & Vibha – Management Process, Vision Book House. 6. L .M Prasad, Principles of management, Sultan Chand & Sons 7. Stephen P. Robbins And Mary Coulter, 'Management', Prentice Hall Of India, Edtion-8,2000. 8. Charles W L Hill, Steven L Mcshane, 'Principles Of Management', Mcgraw Hill Education, Special Indian Edition-2, 2007.
Text Book:
1. R.K.Sharma, Shashi K. Gupta, Principles Of Management, Prasanna Publishing, Edition-2 ,2000. 2.T. Ramaswamy : Principles of Management, Himalaya Publishing House.2000