Management Principles and Practices

UNIT – I: Introduction:

Nature and Significance of management, Process of management,
Management’s administration, Functions and Principles of management,
Levels of management, Functional areas of management, Universality of
management, Managerial roles and Managerial skills.

UNIT – II: Planning and Decision Making:

Nature of planning, Components of planning, Principles of planning,
Importance and Process of planning, Planning in fast changing
environment, Types of planning, Limitations of planning and Making
planning effective.
Decision-Making – Nature and Process, Types of decisions, Rationality
and Creativity in decision making.

UNIT – III: Organizing:

Nature, Process, Significance, and Principles of organization,
Organization charts, Organization manual, Formal and Informal
organizations.
Span of management, Authority and Responsibility relationships.

UNIT – IV: Directing and Communication:

Concept, Nature, Principles and Techniques of directing.
Nature and Process of communication, Communication network,
Channels and Media of communication, Barriers in communication,
Making communication effective.

UNIT – V: Managerial Control:

Nature, Importance, Process and Types of control, Limitations of
control, Essentials of effective control system, Techniques of managerial
control and Emerging horizons in management.