Principles of Management
The book provides comprehensive coverage of the management principles and concepts in simple and lucid style with economic conditions continuing to be uncertain, complexity of business increasing many fold, competitive pressures mounting and organizations becoming flatter by each passing day, managers have a tough balancing act to do and need adequate grounding and acquaintance of principles and functions of management. The book shall be useful for the readers who want to upgrade then knowledge and skills with the right attitude.
The book has been specifically designed to meet the academic requirements of the students BBA, MBA, M.Com, BCA courses.
The book covers the syllabus of principles and functions of management subject of various management/Business institutes and universities.
It covers model questions and answers on various management topics.
It covers various management and commerce terms.
The whole subject matter has been presented in a simple and easily understandable manner and an attempt has made to give a precise, comprehensive and compact treatment to the subject. In order to enhance knowledge, understanding and application adequate emphasis has been given to clarify management concepts.
- Process of Managemen
- Management – Some definitions
- Salient features of management
- Management as a profession
- Management and administration
- Levels of management
- Functions of management
- Objectives of management
- Importance of management
- Summary
- Management Principles and
- Management Theories
- Evolution of Management Thoughts
- Business Ethics
- Concept of Social Responsibility of Business
- Summary
- Definitions
- Planning
- Features/Nature/Characteristics of Planning
- Derivative Plans
- Process of Planning
- Planning Premises
- Business Forecasting
- Techniques of Forecasting
- Economic Forecasting
- Sales Forecasting
- Types of Planning
- Limitations of Planning
- SWOT Analysis
- The BCG Matrix/Portfolio Matrix
- Management By Objectives (MBO)
- Steps in Managing by Objectives
- Summary
- Decision Making
- Types of Decisions
- Decision Making Process
- Group Decision Making
- Committee
- Functions Best Performed by Committees
- Merits
- Demerits
- Making Better Use of Committees
- Operations Research
- Decision making and rationality
- Creativity in Decision-making
- Principles of Decision making
- Summary
- Definitions
- Organisation
- Organisational Structure
- Organisational Structure
- Organisation Chart
- Conflict between line and Staff Managers
- Authority
- Nature of Authority
- Source of Authority
- Limits of Authority
- Delegation of Authority Responsibility and Accountability
- Delegation of Authority
- Principle of Delegation
- Practical Guidelines
- Centralisation and Decentralisation of Authority
- Centralisation and Delegation of Authority
- Decentralisation and Delegation of Authority
- Extent of Centralisation
- Balancing Centralisation AND Decentralisation
- Delegation and Decentralisation
- Departmentation
- Types of Departmentation
- Span of Control or Management
- Summary
- Staffing
- Definitions
- The steps in staffing process
- Manpower Planning
- Manpower Planning Methods
- Steps involved in Manpower Planning
- Steps in Selection Procedure
- Selection Procedure
- Promotion
- Performance Appraisal
- Measuring Managerial Competence
- Summary
- Directing
- Directing
- Elements of Directing
- Principles of Direction
- Leadership
- Leader and Manager
- Formal and Informal Leadership
- Leadership Qualities
- Approaches/Theories of Leadership
- Situational Theories
- Leadership styles
- Likert’s Management System
- Leadership Styles
- Motivation
- Motivation through satisfaction of self actualization needs
- Sound Motivational System
- Important Motivational Techniques
- Morale
- Morale and Productivity
- Morale and Leadership
- Maslow’s Need Hierarchy
- McGregor’s Theory X and Y
- Relevance of the two theories in India
- Frederick Herzberg’s Motivation Hygiene Theory
- Leadership and Motivation
- Communication
- Definitions
- Communication
- Requisites of Effective Communication
- Importance of Communication
- Written versus Oral Communication
- Upward and Downward Communication
- Principles of communication
- Communication Media
- Empathy and Communication
- Barriers to Communication
- Overcoming Barriers to Communication
- Summary
- Control
- Steps in Control Process
- Traditional Control Devices and
- Non-Traditional Control Devices
- Requirement of a good control system
- Budget and Budgetary Control
- Budgetary Control
- Uses of Budgetary Control
- Limitations of Budgetary Control
- Zero Base Budgeting (ZBB)
- Budgeting Balance Sheet
- Performance Budgeting
- PERT (Programme evaluation and review Technique
- Management Audit
- Financial Audit and Management Audit
- Internal Audit
- Social Audit
- Summary
- Coordination
- Definitions
- Coordination
- Principles of co-ordination
- Techniques to achieve internal coordination
- Coordination and Communication
- Specialisation Versus Coordination
- Cooperation and coordination
- Internal and external Coordination
- Summary
- Review Questions
- Objectives of Management
- Nature/characteristics of management
- Well defined body of knowledge
- Acquiring knowledge and training
- Service motive
- Ethical standards
- Professional association
- Important Terms and Concepts
Customer Feedback
No reviews yet. Be the first to review this product!