ME 481 : Industrial Management 4.00 Contact Hour 4.

00 Credit Hour Organisation and management: evolution, management functions, and organisation structure; Development of organisation theory; Study of various types of organisation and management information systems; Concepts and scope of application. Cost management elements of cost of products, cost centres and allocation of overhead costs; Management accounting: marginal costing, standard costing, cost planning and control, budget and budgetary control; Development and planning process; Annual development plan; National budget. Financial management: objectives, strategy, financing, performance analysis of enterprises, investment appraisal, criteria of investment. Personnel management: importance, scope, need hierarchy, motivation; Defense mechanism; Productivity and satisfaction; Leadership; Group dynamics; Job evaluation and merit rating; Personnel development - hiring, training, wage systems. Marketing management: marketing concept, marketing organization; Industrial and consumer selling; Channel decisions; Advertising decisions; New product strategy. Technology management. Case study. Text and Ref books: 1. 2. Management Jams A. F. Stoner, R. Edward Freeman, Daniel R. Gilbert, Management Stephen P. Rubbins, Mar Conlter, Robin Stuart kotze.