BCM 107: PRINCIPLES AND PRACTICES OF MANAGEMENT (Syllabus for 2020-21)
Objective: The objective of the paper is to help the students in understanding the process of business management and its functions.
UNIT I
Management: Nature, Definitions, Scope, Levels, Process and Significance of Management. Development of Management Thoughts: Classical, Neo-Classical Systems, Contingency and Contemporary Approaches to Management (Drucker, Porter, Prahalad, Senge and Tom Peters) Planning: Concept, Process, Nature, Steps in Planning, Significance and Types. Decision Making: Concept and Process, Types of Decisions, Management By Objectives (MBO). Organization: Concept, Nature, Process, Significance, Types, Organisational Structure, Committees, Span of Control. Authority and Responsibility. Delegation, Decentralization and Departmentation.
UNIT II
Direction: Concept, Features, Importance and Limitations of Direction. Elements of Direction- Supervision, Motivation, Leadership and Communication Coordination: Concept, Features, Importance and Limitations of Coordination. Internal and External Coordination Control: Concept, Features, Importance and Limitations of Control. Control Process. Essentials of a Good Control System. Techniques of Control. Relationship between Planning and Control
Product Details
Principles & Practices of Management for B.Com. 1st Sem., (P.U.) by R.K. Sharma, Shashi K. Gupta & Rahul Sharma, Edition 2020

















