MASTER OF BUSINESS ADMINISTRATION
BUS 1C 02 MANAGEMENT THEORY AND PRACTICES
Time: 60 hours Credits 4
Course objectives:
• To understand the process of business management and its functions, and
• To familiarize the students with current management practices.
Module I
Nature and scope of Management; evolution of management- Schools of management thought; F.W.Taylor and Henry Fayol; principles of management; management as a science and an art; management process. Folk management and its application in the modern era
Evolution of management thought.
Module II
Functions of management- planning: planning premises; types of plan; planning process;
Organization – Theories, types, importance, organization structure- Line and Staff functions
- Conflicts; centralization and decentralization; delegation; types, principles, elements,
Coordination, Directing – Supervision, Communication.
Module III
Directing – motivation, leadership – Theories; importance – Controlling principles – Dynamics of Groups at work, work group behavoiur and productivity; work and motivation Manager vs. leader; leadership and motivation; leadership styles; theories of motivation. MBO: - team creation and Management ;
Module 1V
Organizational learning and knowledge management Time management.
Module V
Management of Change – importance, objectives and methods – Role of leadership
Transformational management.
Books:
1. Koontz, H and Weihrich, H: Management, McGraw Hill Inc, New York, 1995.
2. Drucker, Peter, F: Management: Tasks, Responsibilities and Practices, Allied
Publishers, New Delhi 2004.
3. Betman, Thomas S and Snell, Scott A.: Management: Competing in the New Era,
Tata McGraw Hill, New Delhi 2003.
4. Dipak Kumar Bhattacharyya, Principles of Management: Text and Cases, Pearson, 2012
5. Stoner et al. Management, Prentice Hall of