Principles of Management

Principles of Management book has been thoroughly revised, trimmed and made up-to-date.

The contents have been strengthened, update and modified to improve clarity and arouse enthusiastic interest in the subject of management. Following the customer-oriented approach, technical and complex vocabulary is reduced to the minimum. Figures, charts, diagrams, models, pictograms, tables, etc., are liberally used to enable the students to capture the essence of concepts and ideas at a glance.

While illustrating the principles of management, the emphasis has been laid on Indian management practice based on observations, experience, discussions with both – teachers and practitioners of management and research-oriented articles. Every effort has been made to strengthen the presentation of the basic principles and practices of management by showing how they have been and are being adapted to the changing demands of our industrial economy. Management problems requiring mechanical analysis have been used to arrive at quantitative answers. For the aid of the students, questions and problems are included at the end of each chapter.

Principles of Management Syllabus For B.Com II Year of Awadhesh Pratap Singh University Rewa (APSU), Barkatullah University Bhopal, Rani Durgavati Vishwavidyalaya Jabalpur (RDVV), Vikram University Ujjain, Dr. Harisingh Gour University Sagar (DHGU)

Unit I:  Management-Meaning, Nature and Importance, Functions and Principles of Management, Management V/s Administration. Development of Managerial Thought, Contribution by Taylor and Fayol Management by Exceptions and Management by objectives social responsibility of management.

Unit II:  Planning-Meaning – Nature and Importance, Elements, types, Process of Planning, Barriers to Effective Planning, Forecasting – Need and Techniques. Decision Making, Concept, and Process, Coordination.

Unit III: Organizing: Meaning, Importance, and Principles, Span of Management, Centralization and Decentralization, forms of Organization, Staffing: Nature and Scope of Staffing, Manpower Planning, Selection and Training, Performance Appraisal, Delegation of Authority.

Unit IV:  Motivation: Concept, Importance Characteristics, Classification of motives – Theories of Motivation. Leadership – Concept and Leadership styles, Leadership Theories.

Unit V: Direction – Concept, Nature, Importance Process and Methods. Controlling – Concept, Nature, Importance, Process of controlling, Control Technique.

Principles of Management Book Contents

1. Management (Meaning, Nature, and Importance)
2. Functions and Principles of Management
3. Management Vs. Administration
4. Development of Managerial Thoughts (including Contribution by Taylor and Fayol)
5. Management by Exceptions and Management by Objectives
6. Social Responsibility of Management
7. Planning (Meaning, Nature & Importance, Elements, Types, Process and Barriers to Effective Planning)
8. Forecasting: Need and Techniques
9. Decision-Making (Concept and Process)
10. Co-Ordination
11. Organizing (Meaning, Importance, and Principles)
12. The Span of Management
13. Centralization and Decentralization
14. Forms of Organisation
15. Staffing
16. Human Resource Management
17. Man Power (Human Resource) Planning
18. Recruitment and Selection
19. Employee’S Promotion
20. Training and Development of Employees
21. Job Evaluation (Concept and Techniques)
22. Performance Appraisal
23. Authority and Responsibility and Delegation of Authority
24. Motivation (Concept, Importance Characteristics, Classification of Motives)
25. Leadership (Concept and Styles)
26. Leadership Theories
27. Direction (Concept, Nature, Importance, Process, and Methods)
28. Controlling (Concept, Nature, Importance, Process of Controlling, Control Technique)
    ● Appendix: Objective Type Questions