mgt421

Principles of Management

Exam Preparation: 12 hours
Deep Understanding: 40 hours
Subject Code MGT 411
Credit Hours 3 Hours
Nature Theory
Full Marks 80 + 20
Pass Marks 32 + 8
Description

This course contains The Nature of Organizations, Introduction to Management, Evolution of Management Thought, Environmental Context of Management, Planning and Decision Making, Organizing Function, Leadership, Motivation, Communication, Control and Quality Management, Global Context of Management, Management Trends and Scenario in Nepal.

Objective

Course Contents

3 Hours

Concept of organization, Organizational goals – concept, purposes, and types, Features of effective organizational goals, Goal formulation – processes and approaches, Goal succession and displacement, Problems of goal formulation, Changing perspectives of organization

3 Hours

Definition, characteristics, and principles of management, Process and functions of management, Managerial hierarchy, Types of managers, Managerial skills and roles, Emerging challenges for management

5 Hours

Classical theory, Human relations and Behavioural science theories, System theory, Decision theory, Management science theory, Contingency theory, Emerging management concepts: workforce diversity, outsourcing, knowledge management, learning organization

5 Hours

Concept of business environment, Types of business environment – internal and external, Components of economic, socio–cultural, political, and technological environments, Social responsibility of business – concept and approaches, Business ethics – meaning and significance, Emerging business environment in Nepal

5 Hours

Concept, types, hierarchy of planning, Process and importance of planning, Strategic planning, Environmental scanning – concept and methods, SWOT analysis, Formulation and implementation of strategic plans, Quantitative tools for planning, Decision making – definition and approaches, Types of decisions, Decision making under certainty and uncertainty, Problem solving – concepts, types, strategies

6 Hours

Concept and principles of organizing, Approaches to organizing – classical, behavioural, and contingency, Process of structuring an organization, Departmentalization – meaning and types, Delegation of authority – meaning, features, advantages, and barriers, Centralization and decentralization – meaning, advantages and disadvantages, Organic and mechanistic views of organization, Types of modern organizational structures – matrix, team, network

3 Hours

Concept and functions of leadership, Leadership styles, Approaches to leadership – trait, behavioral, situational, Group formation, Types and characteristics of groups, Conflict – meaning and types, Managing conflicts in organization

3 Hours

Concept of motivation, Theories of motivation – Need Hierarchy, Motivation-Hygiene, Reward system to motivate performance, Motivation through employee participation – quality of work life, self-managed teams

3 Hours

Concept, structure, and process of communication, Types of communication – formal and informal, Interpersonal and nonverbal communication, Barriers to effective communication, Enhancing effective communication

3 Hours

Concept, process, and types of control systems, Characteristics of effective control system, Quality control systems – concept of quality, Total Quality Management (TQM) – concept and tools, Deming management – principles and techniques

3 Hours

Concept of globalization, Methods and effects of globalization, Multinational companies – meaning, types, advantages, disadvantages

3 Hours

Growth of business sector in Nepal, Major industries – manufacturing, export-oriented, import-substitution, service sector, Existing management practices and business culture, Major problems of businesses in Nepal

Books

Recommended Books

Griffin, Ricky W., Management, AITBS Publishers and Distributors, Delhi
Hitt, Michael A., J. Black, Stewart, and Porter, Lyman W., Management, Pearson, India
Robbins, Stephen P., and Coulter, Mary, Management, Prentice-Hall of India, New Delhi