Business Management - व्यावसायिक प्रबंधन

Program Class: Certificate/ B.COM.

Year: First

Semester: Second

Subject: Commerce

Course Title: Business Management

Course Learning Outcomes:

After completing this course a student will have: 

·        Ability to understand the concept of Business Management along with the basic laws and norms of Business Management.

·        Ability to understand the terminologies associated with the field of Business Management and control along with their relevance.

·        Ability to identify the appropriate method and techniques of Business Management for solving different problems.

·        Ability to apply basic Business Management principles to solve business and industry related problems.

Ability to understand the concept of Planning, Organising, Direction, Motivation and Control  etc.

Credits: 6

Core Compulsory / Elective: Compulsory

Max. Marks: –25+75

Min. Passing Marks: 33

Unit

Topics

I

Discuss the Management Practices in Indian “Vedas”. Introduction: Concept, Characteristics, Nature, Process and Significance of Management; Managerial Roles (Mintzberg); An overview of functional areas of Management; Development of Management Thought; Classical and Neo Classical System; Contingency Approach, System Approach.

II

Planning: Concept, Characteristics, Process, Importance and Types, Criteria of effective planning. Decision Making: Concept, Process, Types and Importance. Management by Objectives. Organisation: Concept, Nature, Process and Significance. Authority and Responsibility Relationships. Centralization and Decentralization. Departmentation. Organizational Structure- Forms.

III

Direction: Concept and Techniques, Coordination as an Essence of Management, Communication- Nature, Process, Importance, Types, Networks and Barriers. Effective Communication. Management of Change: Concept, Nature , Types of Changes and Process of Planned Change, Resistance to Change and methods of reducing resistance to change.

IV

Controlling: Meaning, Importance and Process, Effective Control System. Techniquesof Control. Motivation- Concept, Types, Importance, Theories Maslow, Herzberg, McGregor, Ouchi, Financial and Non-Financial Incentives. Leadership: Meaning, Concept, Functions and Leadership styles, Likert’s Four System of Leadership.