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Principles of Mangement MG2351

Principles of Mangement MG2351

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Published by funhemu
PRINCIPLES OF MANAGEMENT AS PER ANNA UNIVERSITY MG2351 PLANNING ORGANIZING DIRECTING STAFFING CONTROLLING MANAGEMENT MANAGING LECTURE NOTES ENGINEERING
PRINCIPLES OF MANAGEMENT AS PER ANNA UNIVERSITY MG2351 PLANNING ORGANIZING DIRECTING STAFFING CONTROLLING MANAGEMENT MANAGING LECTURE NOTES ENGINEERING

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Published by: funhemu on Dec 25, 2010
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03/10/2014

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PRINCIPLESOF MANAGEMENT
“ 
They say that dedicating is one of the most beautiful acts of love one can perform. I would  argue that it is even more beautiful to dedicate this to you without saying my name 
 
PRINCIPLES OF MANAGEMENT (MG2351)
UNIT I OVERVIEW OF MANAGEMENT
Definition - Management - Role of managers - Evolution of Management thought -Organization and the environmental factors – Trends and Challenges of Management inGlobal Scenario.
UNIT II PLANNING
Nature and purpose of planning - Planning process - Types of plans – Objectives - -Managing by objective (MBO) Strategies - Types of strategies - Policies - DecisionMaking - Types of decision - Decision Making Process - Rational Decision MakingProcess - Decision Making under different conditions.
UNIT III ORGANIZING
Nature and purpose of organizing - Organization structure - Formal and informal groupsorganization - Line and Staff authority - Departmentation - Span of control -Centralization and Decentralization - Delegation of authority - Staffing - Selection andRecruitment - Orientation - Career Development - Career stages – Training - -Performance Appraisal.
UNIT IV DIRECTING
Creativity and Innovation - Motivation and Satisfaction - Motivation Theories -Leadership Styles - Leadership theories - Communication - Barriers to effectivecommunication - Organization Culture - Elements and types of culture - Managingcultural diversity.
UNIT V CONTROLLING
Process of controlling - Types of control - Budgetary and non-budgetary controltechniques - Managing Productivity - Cost Control - Purchase Control - MaintenanceControl - Quality Control - Planning operations.
 
UNIT IOVERVIEW OF MANAGEMENT
DEFINITION
According to Harold Koontz, “Management is an art of getting things done through and with thepeople in formally organized groups. It is an art of creating an environment in which people canperform and individuals and can co-operate towards attainment of group goals”.
LEVELS OF MANAGEMENT
The three levels of management are as follows
1. The Top Management
It consists of board of directors, chief executive or managing director. The topmanagement is the ultimate source of authority and it manages goals and policies for anenterprise. It devotes more time on planning and coordinating functions.The role of the top management can be summarized as follows –

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