Ch 1 Nature & Significance Management Ch 2 Principles of Ch 3 Business Ch 4 Planning

of MGT Environment
Topic Principles of Business
Management As ART As Science As Profession Co-Ordination Planning
SrNo Management Environment
1. Goal -Oriented Existence of Systematised Well defined Integrates Group Universal Totality of Focuses on
Process theoretical body of body of efforts Applicability External forces Achieving
knowledge knowledge knowledge Objectives

2. All Pervasive Personalised Principles based Restricted Entry Ensure Unity of General Guidelines Specified and Primary Function
Application on Action General forces
experimentation

3. Multi- Based on Universal validity Professional Continuous Formed by practice Inter-relatedness Pervasive
dimensional practice and Association Process and Experimentation
(Work, People, creativity
Operations)
4. Continuous --- --- Ethical code of All Pervasive Flexible Dynamic Continuous
Process conduct

5. Group Activity --- --- --- Responsibility of Mainly Behavioural Uncertainty Futuristic
all Managers

6. Dynamic --- --- --- Deliberate Cause and Effect Complexity Mental Exercise
Function Function relationship

7. Intangible --- --- --- --- Contingent Involves Decision

Force Making
 Ch5 Organizing Ch6 Staffing Ch7 Directing Ch8 Controlling
Topic Informal Formal Staffing Directing Motivation Leadership Controlling
SrNo Organisation Organisation
Specifies Originates from Integral Part Initiates action An internal Ability to Influence Goal Oriented
1. reporting within Formal feeling others
relationship Organisation
Means to Behaviour Pervasive Take place at Produces Goal Bring changes in Pervasive
2. achieve guided by every Level directed behaviour
objectives Group Norms Behaviour

3. Co-ordinates and Free Flow of Continuous Continuous Can be Positive Indicates inter- Backward &
Integrates efforts communication Process or Negative personal Forward
relationships
Deliberately Emerges Wide Scope Flows from Complex Goal Oriented Continuous
4. designed spontaneously (RST) Top to Bottom Process
management
Emphasis on Complex Continuous Process
work Network of
5. Social
relationships