MEG 301: Principles of Management

Pre-requisite: Nil S8 Core

L T P C
3 0 0 3



Module 1 (10 Hours)
Introduction to management theory management defined characteristics of management
management as an art profession Systems approaches to management task and
responsibilities of a professional manager levels of managers and skill required.

Module 2 (10 Hours)
Mission objectives goals strategy policies programmes procedures. Decision making
process/phases decision making under certainty, risk, uncertainty models of decision making
econologic model, bounded rationality model, implicit favorite model.

Module 3 (10 Hours)
Management process planning types characteristics approaches benefits organising
principles of organisation organisation structures directions delegation span of control-
leadership motivation controlling.

Module 4 (9 Hours)
Introduction to functional areas of management operations management human resources
management marketing management financial management.

Text Book:
1. Koontz and Weihrich, "Management, 9
t h
edition, McGraw Hill (1999)
Reference Books:
1. Stoner et-al, Management, 6
t h
edition, Printice Hall (1999)
2. Mazda, Engineering Management, Addison Westey (1999)
3. Certo. S., Modern Management, 8
t h
edition, Printice Hall (2003)