University of Mumbai, Maharashtra (Mumbai University), General , Commerce –III Syllabus

Unit 1 Introduction To Management 

• Management- Concept, Nature, Functions, Managerial Skills &
Competencies
• Evolution of Management Thoughts
Classical Approach: Scientific Management – F.W.Taylor’s Contribution
Classical Organisation Theory: Henri Fayol’s Principles
Neo Classical: Human Relations Approach – EltonMayo’s Hawthorne
experiments
• Modern Management Approach-Peter Drucker’s Dimensions of
Management, Indian Management Thoughts: Origin & Significance of Indian
Ethos to Management.

Unit 2 Planning & Decision Making 

• Planning - Steps, Importance, Components, Coordination – Importance
• M.B.O -Process, Advantages, Management By Exception- Advantages;
Management Information System- Concept, Components
• Decision Making - Techniques, Essentials of a Sound Decision Making,
Impact of Technology on Decision Making.

Unit 3 Organising 

• Organising-Steps, Organisation Structures – Features of Line & Staff
Organisation, Matrix Organisation , Virtual Organisation,
Formalv/s Informal Organisation.
• Departmentation -Meaning -Bases, Span of Management- Factors
Influencing Span of Management, Tall and Flat Organisation.
• Delegation of Authority- Process, Barriers to Delegation, Principles of
Effective Delegation. Decentralisation: Factors Influencing Decentralisation,
Centralization v/s Decentralisation.

Unit 4 Directing And Controlling 
• Motivation – Concept, Importance, Influencing factors.
Importance of Communication, Barriers to effective Communication
• Leadership- Concept, Functions, Styles, Qualities of a good leader.
• Controlling – Concept, Steps, Essentials of good control system, Techniques
of Controlling -PERT, CPM, Budgetary Control, Management Audit.