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MG8591

PRINCIPLES
OF
MANAGEMENT

2
3
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the contents of this information is strictly prohibited.

4
MG 8591 –
PRINCIPLES OF
MANAGEMENT
Department: COMMON TO CSE , EEE & IT
Batch/Year : 2019 – 2023 / IV year

Created by: Dr.T.Ramesh ASP/CSE


Mr.A.Fayaz Ahamed AP/EEE
R.M.K. Engineering College.
Table of Contents
Slide No

Course Objectives 7

Pre Requisites -

Syllabus 8

Course Outcomes 9

CO- PO/PSO Mapping 10

Lecture Plan 11

Activity Based Learning 15

Lecture Notes 17

Assignment 60

Part A Q & A 61

Part B Qs 66

Supportive online Certification courses 67

Real time Applications in day to day life

and to industry 68

Contents beyond the Syllabus 69

Assessment schedule 71

Prescribed Text Books & Reference Books 72

Mini Project Suggestions (If required) 73


Course Information

1. Course Objectives
To enable the students to study the evolution of Management

To study the functions and principles of management

To learn the application of the principles in an organization

2. Pre Requisites

None

7
Course Information

3.Syllabus
MG8591 : PRINCIPLES OF MANAGEMENT LTPC:3003
UNIT I INTRODUCTION TO MANAGEMENT AND ORGANIZATIONS
Definition of Management – Science or Art – Manager Vs Entrepreneur - types
of managers - managerial roles and skills – Evolution of Management –
Scientific, human relations , system and contingency approaches – Types of
Business organization - Sole proprietorship, partnership, company-public and
private sector enterprises - Organization culture and Environment – Current
trends and issues in Management.

UNIT II PLANNING
Nature and purpose of planning – planning process – types of planning –
objectives – setting objectives – policies – Planning premises – Strategic
Management – Planning Tools and Techniques – Decision making steps and
process
UNIT III ORGANISING
Nature and purpose – Formal and informal organization – organization chart –
organization structure – types – Line and staff authority – departmentalization
– delegation of authority – centralization and decentralization – Job Design -
Human Resource Management – HR Planning, Recruitment, selection, Training
and Development, Performance Management , Career planning and
management
UNIT IV DIRECTING
Foundations of individual and group behaviour – motivation – motivation
theories – motivational techniques – job satisfaction – job enrichment –
leadership – types and theories of leadership – communication – process of
communication – barrier in communication – effective communication –
communication and IT.
UNIT V CONTROLLING
System and process of controlling – budgetary and non-budgetary control
techniques – use of computers and IT in Management control – Productivity
problems and management – control and performance – direct and preventive
control – reporting.

8
4.COURSE OUTCOMES

Highest
Course Outcomes Cognitive
Level

Describe the historical evolution of management K2


CO1 theories for business organization

K3
CO2 Demonstrate the use of the planning tools for strategic
management
K3

CO3 Identify the most appropriate organizational structure

Discuss HR strategies for planning, recruiting K2


CO4
& training Employees.

Explain the theories of motivation & leadership to K2


CO5 manage a group.

K2
Summarize the controlling methods &
CO6
tools to increase productivity of the
organization
5.CO – PO/PSO MAPPING
Course Information

6. Lecture Plan

No. Actual
Proposed pertaining Taxonomy Mode of
S.No Topic of Lecture
date CO level Delivery
Periods Date
UNIT I INTRODUCTION TO MANAGEMENT AND ORGANIZATIONS
1 Definition of 1 CO1 K1 Lecture
Management
Views: Science
or Art

2 Manager Vs 1 CO1 K2 Lecture


Entrepreneur
Types of
managers

3 managerial roles 1 CO1 K1 Class


and skills Discussion

4 Evolution of 1 CO1 K2 Lecture


Management –
Scientific,
human relation

5 Evolution of 1 CO1 K2 Lecture


Management:
system and
contingency
approaches
6 Types of 1 CO1 K2 Lecture
Business:
organization,
Sole
proprietorship
7 Types of 1 CO1 K2 Lecture
Business:
company: public
and private
sector
enterprises
8 Organization 1 CO1 K1 Lecture
culture and
Environment

9 Current trends 1 CO1 K2 Lecture


and issues in
Management

11
Course Information

Actual
No. of Proposed pertaining Taxonomy Mode of
S.No Topic Lecture
Periods date CO level Delivery
Date
UNIT II PLANNING
10 Nature and 1 CO2 K1 Lecture
purpose of
planning and
planning process
11 Types of 1 CO2 K1 Lecture
planning
13 policies 1 CO2 K1 Lecture
14 Planning 1 CO2 K1 Lecture
premises
15 Management By 1 CO2 K1 Lecture
Objectives
16 Strategic 1 CO2 K1 Lecture
Management
17 Planning Tools 2 CO2 K3 Case
and Techniques Study
18 Decision making 1 CO2 K2 Lecture
steps and
process
UNIT III ORGANISING
19 Nature and 1 CO3 K1 Lecture
Purpose
20 Formal and 1 CO3 K4 Lecture
Informal
organization
and
Organization
chart
21 Organization 1 CO3 K3 Lecture
structure types
22 Line and staff 1 CO3 K1 Lecture
authority ,
Departmentaliza
tion
23 Delegation of 1 CO3 K1 Lecture
authority,
Centralization
and
Decentralization

12
Course Information

Actual
No. of Proposed pertaining Taxonomy Mode of
S.No Topic Lecture
Periods date CO level Delivery
Date
24 Human 1 CO4 K1 Lecture
Resource
Management
25 HR Planning, 1 CO4 K2 Lecture
Recruitment,
selection,
Training and
Development
26 Performance 1 CO4 K2 Lecture
Management
27 Career planning 1 CO4 K2 Individual
and Project
management
UNIT IV DIRECTING
28 Foundations of 1 CO5 K1 Lecture
individual and
group behaviour
29 Motivation, 1 CO5 K1 Lecture
Motivation
Theories
30 Motivational 1 CO5 K2 Lecture
techniques
31 Job Satisfaction, 1 CO5 K2 Lecture
Job Enrichment
32 Leadership, 1 CO5 K2 Lecture
Types and
theories of
leadership
33 Communication 1 CO5 K1 Lecture
Process of
communication
34 Barrier in 1 CO5 K1 Lecture
communication
35 Effective 1 CO5 K1 Lecture
communication
36 Communication 1 CO5 K1 Lecture
and IT

13
Course Information

Actual
No. of Proposed pertaining Taxonomy Mode of
S.No Topic Lecture
Periods date CO level Delivery
Date

UNIT V CONTROLLING
37 System and 1 CO6 K1 Lecture
process of
controlling
38 Budgetary and 1 CO6 K1 Lecture
non-budgetary
control
techniques

39 Use of 2 CO6 K2 Lecture


computers and
IT in
Management
control
40 Productivity 2 CO6 K2 Lecture
problems and
Management
41 Control and 1 CO6 K2 Lecture
Performance
42 Direct and 1 CO6 K1 Lecture
Preventive
Control
43 Reporting 1 CO6 K2 Lecture

14
7.ACITIVITY BASED LEARNING - I

MY BUSINESS PLAN
Fundamentals Duration No of Short Preparation Materials
of Particip Description
Management ants
Individual
Make sure
Participants Participant
there is a
asked to asked to
My Business 20-30 copy of the
40- 60 create a create a
Plan min sheet for
Business business plan,
each
plan Brain
participant
storming

ACTIVITY AIM:
 With the job market constantly fluctuating and the dismal outlook portrayed
by the news, it’s even more crucial to teach students about business. How
teachers do this really just depends on their own individual personalities and
preferences. However, this is the one time when a student should choose
something they like first then the teacher can act as a guide.
HOW:
 Make a copy of the copy sheet for each participant
 Hand out the copy sheet.
 Using members of the group as sources of information, participants are
asked to create a business plan with the help of Template / Questionnaire
 Participants can be formed as group to brain storm and can work in group.

SUMMING UP AND REFLECTION


 Get feedback from participants on how they managed to fill out the sheet.
Ask people to put up their hands if they were able to complete the business
plan.
 Go through the chart and share answers. Participants asked to present
their idea one by one (They may ask mentor for ideas).

SOME POINTS TO MAKE


 Business are every where, around us and affect our daily lives.
 We can find number of ways where a person can create business.
 There are lots of bottleneck in business plan creation, which can be
addressed.
 Sharing the experience of creating business plan would help others to
create.
8.Lecture Notes

UNIT I

INTRODUCTION
TO
MANAGEMENT AND ORGANIZATION
Table of Contents

S.No Topic
UNIT I . INTRODUCTION TO MANAGEMENT AND ORGANIZATION

1.1 Definition Of Management

1.2 Views Of Management

1.3 Functions of Management

1.4 Manager Vs Entrepreneur

1.5 Types Of Managers

1.6 Managerial Roles And Skills

1.7 Evolution Of Management

1.7.1 Scientific Management Approach

1.7.2 Management Thoughts By Henri Fayol

1.7.3 Human Behaviour Approach

1.7.4 Systems Approach

1.7.5 Contingency Or Situational Approach

1.8 Business Organizations

1.8.1 Sole Proprietorship

1.8.2 Partnership

1.8.3 Pubic And Private Companies

1.9 Organizational Culture

1.10 Organization Environment


1.11 Current Trends and Issues in Management

17
1.1 DEFINITION OF MANAGEMENT

Management is defined differently by different people and


organizations. Some of the common definitions are given below:

Definition of American society of mechanical engineers


Management is the art and science of organizing and directing
human efforts applied to control the forces and utilize the
material of nature for the benefit of man.

Definition of F.W. Taylor


Management is an art of knowing what to do, when to do and see that it
is done in the best and cheapest way.

Definition of Joseph Messie

Management is the process by which a cooperative group directs action


towards a common goal

Definition of Harold Koontz


Management is an art of getting things done through and with the people
in formally organized groups. It is an art of creating an environment in
which people can perform and individuals can co-operate towards
attainment of group goals.

18
2. VIEWS OF MANAGEMENT

Management is viewed as an art and science.

Management as a science
Science is a systematic body of knowledge pertaining to a specific field of

study.

It establishes cause and effect relationship between two or more variables

and underlines the principles governing their relationship.

Science is characterized by following main features:

1. Universally acceptance principles


Scientific principles represents basic truth about a particular field of enquiry.

These principles may be applied in all situations, at all time & at all places.
E.g. – law of gravitation
Management also contains some fundamental principles which can be
applied universally like the Principle of Unity of Command

This principle is applicable to all type of organization – business or non


business.

2. Experimentation & Observation

Scientific principles are derived through scientific investigation & researching


Management principles are also based on scientific enquiry & observation

They have been developed through experiments & practical experiences of

large number of managers.

3. Cause & Effect Relationship

Principles of science lay down cause and effect relationship between various
variables. E.g. when metals are heated, they are expanded. The cause is

heating & result is expansion.

19
1.2 VIEWS OF MANAGEMENT

The same is true for management, therefore it also establishes cause and
effect relationship. E.g. lack of parity (balance) between authority &
responsibility will lead to ineffectiveness.

4. Test of Validity & Predictability

Validity of scientific principles can be tested at any time or any number of


times.

These tests will give same result each time.

Moreover future events can be predicted with reasonable accuracy by using


scientific principles.

Management as an Art
An art may be defined as personalized application of general theoretical
principles for achieving best possible results.

Art has the following characters

1. Practical Knowledge

Every art requires practical knowledge .


It is very important to know practical application of theoretical
principles.

Example: to become a good painter, the person may not only be


knowing different colour and brushes but different designs, dimensions,
situations etc to use them appropriately.

A manager can never be successful just by obtaining degree or diploma


in management.

He must have also know how to apply various principles in real


situations by functioning in capacity of manager.

20
1.2 VIEWS OF MANAGEMENT

2. Personal Skill
Although theoretical base may be same for every artist, each one has
his own style and approach towards his job.

Hence, Level of success and quality of performance differs from one


person to another.

Like Art, Management is also personalized.

Every manager has his own way of managing things based on his
knowledge, experience and personality.

3. Creativity

Every artist has an element of creativity.


Artist aims at producing something that has never existed before with
the help of his intelligence & imagination.

Management is also creative in nature like any other art.


It combines human and non-human resources in useful way so as to
achieve desired results.

4. Perfection through practice


Every artist becomes more proficient through constant practice.

Similarly managers learn through trials and errors initially

Application of management principles over the years makes them


perfect in the job of managing.

5. Goal-Oriented

Every art is result oriented as it seeks to achieve concrete results.

Management is also directed towards accomplishment of pre-


determined goals.
Managers use various resources like men, money, material, machinery
& methods to promote growth of an organization

21
1.3 FUNCTIONS OF MANAGEMENT

Management as both science and art


Management combines features of both science as well as art.
It is considered as a science because it has an organized body of knowledge
which contains certain universal truth.

It is called an art because managing requires certain skills which are


personal possessions of managers.

Science provides the knowledge & art deals with the application of
knowledge and skills.
A manager to be successful in his profession must acquire the knowledge of
science & the art of applying it.

FUNCTIONS OF MANAGEMENT
The main functions of management are:

Planning

Organizing

Staffing

Directing

Motivating

Controlling

Co-Ordination

Communication

22
1.4 MANAGER VS ENTREPRENEUR

The following table distinguishes the Managers and Entrepreneurs

Point of Manager Entrepreneur


Difference

Venture A Manager serves in an An Entrepreneur sets up


existing enterprises. and leads a new business
venture.
Risk-taking A Manager does not bear any An Entrepreneur should
risks involved in the business. bear all risks associated
with the business
Innovation A Manager implements the An Entrepreneur should
well established practices of applies innovation from
the organization. time to time to improve
the profit.
Reward A Manager gets a reward in An Entrepreneur's net
the form of salary for income/ profit is
rendering his services. The unstable and irregular.
salary is fixed, regular and Sometimes, it can be
never be negative . negative.

Status A manager is the servant in An Entrepreneur is the


the enterprise owned by the owner of the enterprise.
entrepreneur.
Skills An entrepreneur needs to a manager needs to
possess qualities and possess distinct
qualifications like high qualifications in terms of
achievement motive, sound knowledge in
originality in thinking, management theory.
foresight, risk bearing ability
and so on.

23
1.5 TYPES OF MANAGERS

There are categories of managers in an organization.

They are

Top level managers

Middle Level Managers

Lower Level Managers


The roles of managers at all the three levels are discussed below.

Top Level of Management

This category includes Board of Directors, Chief Executive or Managing Director.

The top management is the ultimate source of authority and it manages goals and
policies for an enterprise.

It devotes more time on planning and coordinating functions.

The role of the top management can be summarized as follows:

Top management lays down the objectives and broad policies of the
enterprise.

It issues necessary instructions for preparation of department budgets,


procedures, schedules etc.

It prepares strategic plans & policies for the enterprise.


It appoints the executive for middle level i.e. departmental managers.

It controls & coordinates the activities of all the departments.

It is also responsible for maintaining a contact with the outside world. It


provides guidance and direction.

The top management is also responsible towards the shareholders for the
performance of the enterprise.

24
1.5 TYPES OF MANAGERS

Middle Level of Management

The branch managers and departmental managers constitute middle level.

They are responsible to the top management for the functioning of their
department.

They devote more time to organizational and directional functions.

In small organization, there is only one layer of middle level of management but
in big enterprises, there may be senior and junior middle level management.

Lower Level of Management

Lower level is also known as supervisory / operative level of management. It


consists of supervisors, foreman, section officers, superintendent etc.

It roles includes the following

hey guide and instruct workers for day to day activities.

They are responsible for the quality as well as quantity of production.


They are also entrusted with the responsibility of maintaining good relation
in the organization.

They communicate workers problems, suggestions, and recommendatory


appeals etc to the higher level and higher level goals and objectives to the
workers.

They help to solve the grievances of the workers. They supervise & guide
the sub-ordinates.

They are responsible for providing training to the workers.

They arrange necessary materials, machines, tools etc for getting the things
done. They prepare periodical reports about the performance of the workers.

They ensure discipline in the enterprise and motivate workers.

25
1.6 MANAGERIAL ROLES AND SKILLS

Managerial Roles

The Key roles of Managers are grouped into three categories

INTERPERSONAL CATEGORY

The roles in this category involve providing information and ideas.

Figurehead
A manager have social, ceremonial and legal responsibilities. He is expected
to be a source of inspiration.

A Manager is considered as a person with authority and as a figurehead.

Leader
Managers provide leadership for a team, department or the entire
organization.

Manager should manage the performance and responsibilities of everyone in


the group.

Liaison

Managers must communicate with internal and external contacts.

Managers must able to network effectively on behalf of the organization.

INFORMATIONAL CATEGORY

The roles in this category involve processing information.

Monitor
Manager must regularly seek out information related to the organization and
industry, looking for relevant changes in the environment.

Manager must monitor the team to increase productivity and their well-
being.

26
1.6 MANAGERIAL ROLES AND SKILLS

Disseminator

Managers communicate potentially useful information to the team.

Spokesperson

Managers represent and speak for their organization.


Managers are responsible for transmitting information about the organization
and its goals to the people outside it.

DECISIONAL CATEGORY

The roles in this category involve using information.

Entrepreneur

Manager create and control change within the organization.


They are responsible for solving problems, generating new ideas, and
implementing them.

Disturbance Handler
When an organization or team hits an unexpected roadblock, it's the
manager who must take charge.

Resource Allocator
Managers need to determine where organizational resources are best
applied. This involves allocating funding, as well as assigning staff and other
organizational resources.

Negotiator

Managers take part in, and direct, important negotiations within the team,
department, or organization

27
1.6 MANAGERIAL ROLES AND SKILLS

Managers must have following skills to perform efficiently.


Planning skills

Organizing skills

Leading skill

Technical skills

Human skills

Conceptual skills

Diagnostic skills

Controlling skill

Decision making skills

Routine and program decision

Non-routine and non-program decisions.

28
7. EVOLUTION OF MANAGEMENT

1. Scientific Management Approach

Fredrick Winslow Taylor who is known as ’Father of Scientific Management’


forms the basis of scientific management.

It implies application of scientific principles for studying & identifying


management problems.

According to Taylor, Scientific Management is an art of knowing exactly what you


want your men to do and seeing that they do it in the best and cheapest way.

According to Taylors view, if a work is analyzed scientifically, it will be possible to


find one best way to do it.

This approach relies on the following principles.

Scientific Selection, Training & Development of Workers


There should be scientifically designed procedure for the selection of
workers.

Physical, mental & other requirement should be specified for each and every
job.

Workers should be selected & trained to make them fit for the job.

The management has to provide opportunities for development of workers


having better capabilities.
According to Taylor, efforts should be made to develop each employee to his
greatest level and efficiency & prosperity.

Co-operation between Management & workers or Harmony not discord

Taylor believed in co-operation and not individualism.


It is only through co-operation that the goals of the enterprise can be
achieved efficiently.

29
1.7 EVOLUTION OF MANAGEMENT

There should be no conflict between managers & workers.


Taylor believed that interest of employer & employees should be fully
harmonized so as to secure mutually understanding relations between them.

Division of Responsibility
This principle determines the concrete nature of roles to be played by
different level of managers & workers.

The management should assume the responsibility of planning the work


whereas workers should be concerned with execution of task.

Thus planning is to be separated from execution.

Mental Revolution

The workers and managers should have a complete change of outlook


towards their mutual relation and work effort.
It requires that management should create suitable working condition and
solve all problems scientifically.

Similarly workers should attend their jobs with utmost attention, devotion
and carefulness. They should not waste the resources of enterprise.

Handsome remuneration should be provided to workers to boost up their


moral. It will create a sense of belongingness among worker.

They will be disciplined, loyal and sincere in fulfilling the task assigned to
them. There will be more production and economical growth at a faster rate.

30
1.7 EVOLUTION OF MANAGEMENT

Maximum Prosperity for Employer & Employees


The aim of scientific management is to see maximum prosperity for
employer and employees.

It is important only when there is opportunity for each worker to attain his
highest efficiency.

Maximum output & optimum utilization of resources will bring higher profits
for the employer & better wages for the workers.

There should be maximum output in place of restricted output.

Both managers & workers should be paid handsomely.

31
1.7 EVOLUTION OF MANAGEMENT

2. MANAGEMENT THOUGHTS BY HENRI FAYOL


Fayol developed fourteen most important principles of management as
given below

1. Division of Work

All kinds must be divided & subdivided and allotted to various persons
according to their expertise in a particular area.

Subdivision of work makes it simpler and results in efficiency.

When employees are specialized, output can increase because they


become increasingly skilled and efficient.

2. Authority
Managers must have the authority to give orders, but they must also
keep in mind that with authority comes responsibility.

3. Discipline
According to Fayol, Discipline means sincerity, obedience, respect of
authority & observance of rules and regulations of the organization.

Discipline must be upheld in organizations, but methods for doing so


can vary.

4. Unity of Command

Employees should have only one direct supervisor.

Employees should receive orders and be accountable to one and only


one supervisor at a time.

5. Unity of Direction

According to this principle, efforts of all the members of the


organization should be directed towards common goal.
Teams with the same objective should be working under the direction
of one manager. This will ensure that action is properly coordinated.

32
1.7 EVOLUTION OF MANAGEMENT

6. Subordination of Individual Interests to the General Interest


The interests of one employee should not be allowed to become more
important than those of the group. This includes managers.

7. Remuneration

The quantum and method of remuneration to be paid to the workers


should be fair, reasonable, satisfactory & rewarding of the efforts.

Wages should be determined on the basis of cost of living, work


assigned, financial position of the business, wage rate prevailing etc.
Fayol also recommended provision of other benefits such as free
education, medical & residential facilities to workers.

Employee satisfaction depends on fair remuneration for everyone.

8. Centralization

Centralization means concentration of authority at the top level.


Centralization is a situation in which top management retains most of
the decision making authority.

Decentralization means disposal of decision making authority to all the


levels of the organization.

9. Scalar Chain

Fayol defines scalar chain as ‘The chain of superiors ranging from the
ultimate authority to the lowest

Every orders, instructions, messages, requests, explanation etc. has to


pass through Scalar chain.
For the sake of convenience, this chain can be optimized using a
method is known as Gang Plank.

33
1.7 EVOLUTION OF MANAGEMENT

A Gang Plank is a temporary arrangement between two different points to


facilitate quick & easy communication as shown in the Figure.

In the figure given, if a person D has to communicate with person G , he will


first send the communication upwards with the help of C, B to A and then
downwards with the help of E and F to G which will take quite some time .

Gang plank has been developed to facilitate quick communication between any
two members in the organization.

10. Order
This principle is concerned with proper & systematic arrangement of
things and people.

Arrangement of things is called material order and placement of people


is called social order.

The workplace facilities must be clean, tidy and safe for employees.
Everything should have its place.

11. Equity

The employees should be treated with kindness & equity


Equity is essential to create and maintain cordial relations between the
managers and sub-ordinate.

Managers should be fair to staff at all times, both maintaining discipline


as necessary and acting with kindness where appropriate.

34
1.7 EVOLUTION OF MANAGEMENT

12. Stability of Tenure of Personnel


Fayol emphasized that employees should not be moved frequently from
one job position to another

Hence, the time, effort and money spent on training the worker will not
go waste.

Stability of job creates team spirit and a sense of belongingness among


workers which ultimately increase the quality as well as quantity of
work.

13. Initiative
Workers should be encouraged to take initiative in the work assigned to
them.

Fayol advised that management should provide opportunity to its


employees to suggest ideas, experiences& new method of work.

Employees should be given the necessary level of freedom to create


and carry out plans.

14. Esprit de Corps

It refers to team spirit i.e. harmony in the work groups and mutual
understanding among the members.
Fayol cautioned the managers against dividing the employees into
competing groups because it might damage the moral of the workers
and interest of the undertaking in the long run.

Organizations should strive to promote team spirit and unity.

35
1.7 EVOLUTION OF MANAGEMENT

1.7.3. HUMAN BEHAVIOUR APPROACH


It focuses on the existing and newly developed theories and methods of
social sciences about human behavior ranging from personality dynamics of
individuals to the relations of culture.

It stresses that managers should understand human behavior as


management is the process of getting things done by people

It emphasis on increasing productivity through motivation and good human


relations.

Motivation, leadership, communication, participative management and group


dynamics are the central core of this approach.

It suggests how the knowledge of human behavior can be used in making


people more effective in the organization.

Mary Parker Follett

He pointed that Taylor ignored the human side of the organization

He suggested that the workers help in analyzing their jobs

If workers have relevant knowledge of the task, then they should


control the task

Douglas McGregor

He proposed the two different sets of assumptions about workers.

Theory X

It assumes that the average worker is lazy and dislikes work, he will do
as little as possible.
Managers must closely supervise such workers and control through
reward and punishment.

36
1.7 EVOLUTION OF MANAGEMENT

Theory Y
It assumes that the workers are not lazy and want to do a good job, the job
itself will determine if the worker likes the work.

Managers should allow appreciate such workers with greater latitude.

An individual‘s behavior is not determined by organization factors alone but also


by his attitude, pressure, conflicts of cultural environment etc.

Hence these factors must be taken into account.

Advantages

It is simple to understand

It is easy to put into practice

It doesn't require a specialist to implement it - anyone can use the approach

Limitations
Punishment is often used more frequently than rewards

Equating management with human behavior is untenable.

37
1.7 EVOLUTION OF MANAGEMENT

1.7.4. SYSTEMS APPROACH


A system is defined as a set of interrelated and inter dependent parts working
towards a common purpose.

Features

A system is basically a combination of parts, subsystems. Each part may


have various sub-parts.

Similarly, an organization is considered as a system of mutually dependent


parts, each of which may include many subsystems.

Features of “Management as System”

Management is regarded as a system and it is taken in the following ways.


Management as a Social System

Management as Open System Adaptive

Adaptive and Dynamic

Probabilistic

Multilevel and Multidimensional

An integral approach and Multidisciplinary.

Advantages

It increases organization's adaptability to environmental changes.

It focuses on multiple dimensions of management.

Adaptive and Dynamic

Limitations

It is considered as an Abstract Approach and Lack of Universality in it.

May not be always practical and lead to delays in decision making.

Nature of inter-dependence is not defined.

38
1.7 EVOLUTION OF MANAGEMENT

1.7.5. CONTINGENCY OR SITUATIONAL APPROACH


It is based on the assumption that there is no universally applicable set of
management principles for managing organizations

It emphasis that the correctness of management practice is contingent on how it


suits to the particular situation

Because of the specific “organization – environment relationship”, no action can


be universal.

Organizational action should be based on the behavior of action outside the


system so that organization should be integrated with the environment.

In this approach, the management approach varies from situation to situation.


Hence this approach is also called as Situational Approach.

Advantages

Contingency approach is dynamic

It helps the manager to sharpen their leadership and decision-making skills.

Limitations

It suffers from inadequate literature.

This approach is more complex

Difficult empirical testing

It is a reactive approach.

39
8. BUSINESS ORGANIZATIONS

A business is an organization that uses economic resources or inputs to provide


goods or services to customers in exchange for money or other goods and
services.

Business organizations are grouped into three categories:

1. Sole proprietorship

2. Partnership

3. Company
Company is further divided into two sub categories: Public sector
and Private sector

1.8.1. SOLE PROPRIETORSHIP


A sole proprietorship is a business owned by only one person.

It is easy to set-up since it is the least costly among all forms of ownership.

This form is usually adopted by small business entities.

Advantages
This is the simplest type of business to start
The owner of a sole proprietorship keeps all the profits
This is the least regulated form of organization.
No corporate income taxes. Any income realized by a sole proprietorship is
declared on the owner's individual income tax return

Disadvantages
Owner has unlimited liabilities. The owner is responsible for the obligations
of the business including actions of any employee representing the business

The life of a sole proprietorship is limited to the owner's life span


It may be difficult for a owner to raise capital.

40
1.8 BUSINESS ORGANIZATIONS

1.8. 2. PARTNERSHIP
Partnership is an association of two or more persons.

Each person in the partnership is known as partner.

All the partners share in gains or losses.

The way partnership gains (and losses) are divided is described in the partnership
agreement.

Advantages

Partnerships are relatively easy to establish; however time should be


invested in developing the partnership agreement.

With more than one owner, the ability to raise funds is increased.

This form facilitates partners to combine their expertise.

Partners can share workload.

Partners are involved in better decision making.

Disadvantages

General partners have unlimited liabilities.

There is a possibility of disagreement among partners.


A partnership may end upon the withdrawal or death of a partner.

Profit will be less in case of numerous partners.

41
1.8 BUSINESS ORGANIZATIONS

1.8. 3. PRIVATE AND PUBLIC COMPANIES


A company is a legal body in its own right with an existence that is separate in
law from its owners.

Every company must register with the Registrar of Companies, and must have an
official address.

Shareholders put funds into the company by buying shares.

A company shareholders appoint Directors to give directions to the company.

The Chief Executive of the company is responsible for making key decisions.

Shareholders have limited liability. The maximums sum a shareholder can lose

from a business venture is the sum of money that they have invested in the
company.

There are two types of companies

Private companies

Public companies

PRIVATE COMPANIES
Private company cannot have more than 50 shareholders and cannot
advertise subscriptions for its shares.

Directors hold all or most of the company‘s shares

Private companies have Ltd after their name.

They are typically smaller than public companies.


Shares in a private company can only be bought and sold with permission of
the Board of Directors.

42
1.8 BUSINESS ORGANIZATIONS

Advantages
If the company experience financial distress because of normal business
activity, the personal assets of shareholders will not be at risk of being seized
by creditors.

The business will not be affected by the status of the owner.

Disadvantages

Growth may be limited because maximum shareholders allowed are only 50.

The shares in a private limited company cannot be sold or transferred to


anyone else without the agreement of other shareholders.

PUBLIC COMPANIES

Private companies are turned into public companies when the necessary capital
cannot be supplied by the directors or their associates

In order to create a public company, the directors must apply to the Stock
Exchange for selling its shares to the public and financial institutions

Unlike Private Companies, directors of public companies hold a small fraction of its
shares

Advantages

There is very limited liability for the shareholders.

Public companies have separate legal entity. There is continuity even if any
of the shareholders die.
Public companies can raise large capital sum as there is no limit to the
number of shareholders.

43
1.8 BUSINESS ORGANIZATIONS

The shares of Public companies are freely transferable providing more


liquidity to its shareholders.

Disadvantages
There are lots of legal formalities required for forming a public limited
company. It is costly and time consuming.

In order to protect the interest of the ordinary investor, there are strict
controls and regulations to comply.

The original owners may lose control.


Public Limited companies are huge in size and may face management
problems such as slow decision making and industrial relations problems.

44
1.9 ORGANIZATIONAL CULTURE

Organizational culture is a system of shared assumptions, values, and beliefs.

It decides how people behave, dress, and perform their jobs.

Every organization develops and maintains a unique culture which provides


guidelines and boundaries for the behavior of members.

Organizational culture is composed of seven characteristics as shown below

Characteristics of organizational culture

Every organization has a distinct value for each of these characteristics which
when combined, defines the organization's unique culture.

Organizational culture is based on shared attitudes, beliefs, customs, and


written and unwritten rules that have been developed over time.

Organizational culture is also called as corporate culture.

45
1.9 ORGANIZATIONAL CULTURE

CHARACTERISTICS OF ORGANIZATIONAL CULTURE


The seven characteristics of organizational culture are:

1. INNOVATIVE CULTURES

Companies that have innovative cultures are flexible and adaptable, and
experiment with new ideas.

These companies are characterized by a flat hierarchy in which titles and other
status distinctions tend to be downplayed

2. AGGRESSIVE CULTURES

Companies with aggressive cultures value competitiveness and outperforming


competitors.

They may fall short in the area of corporate social responsibility.

For example, Microsoft Corporation is often considered as a company with an


aggressive culture. The company has faced a number of antitrust lawsuits and
disputes with competitors over the years.

3. OUTCOME-ORIENTED CULTURES

Outcome-oriented culture based companies focus on achievement, results, and


action of their members.

For instance, Companies having this culture emphasizing sales performance, Best
Buy tallies revenues and other relevant figures daily

Employees of such companies are trained and mentored to sell company products
effectively, and they learn how much money their department made every day

46
1.9 ORGANIZATIONAL CULTURE

4. STABLE CULTURES

Stable cultures are predictable, rule-oriented, and bureaucratic.

These organizations aim to coordinate and align individual effort for greatest
levels of efficiency.

When the environment is stable and certain, these cultures may help the
organization be effective by providing stable and constant levels of output.

These cultures prevent quick action, and as a result may be a misfit to a changing
and dynamic environment.
5. PEOPLE-ORIENTED CULTURES
People-oriented cultures value fairness, supportiveness, and respect for individual
rights.

These organizations truly live the mantra that “people are their greatest asset.”

These companies create an atmosphere where work is fun and employees do not
feel required to choose between work and other aspects of their lives.

In these organizations, there is a greater emphasis on and expectation of treating


people with respect and dignity.

6. TEAM-ORIENTED CULTURES

Companies with team-oriented cultures are collaborative and emphasize


cooperation among employees.

These companies give more emphasis on training intact work teams. Employees
participate in twice daily meetings named “morning overview meetings” (MOM)
and daily afternoon discussions (DAD) where they collaborate to understand
sources of problems and determine future courses of action.

In team-oriented organizations, members tend to have more positive relationships


with their coworkers and particularly with their managers.

47
1.9 ORGANIZATIONAL CULTURE

7. DETAIL-ORIENTED CULTURES
Organizations with detail-oriented cultures are characterized in the OCP
(Organization culture Profile) framework

Such companies keeps all details of Customers which gives a competitive


advantage over other companies

For Example, Hotels keep records of all customer requests such as which
newspaper the guest prefers or what type of pillow the customer uses.

This information is put into a computer system and used to provide better service
to returning customers.

Any requests hotel employees receive, as well as overhear, might be entered into
the database to serve customers better.

McDonald’s Corporation is another company that specifies in detail how


employees should perform their jobs by including photos of exactly how French
fries and hamburgers should look when prepared properly.

48
1.10 ORGANIZATION ENVIRONMENT

The organizational environment is the set of forces surrounding an organization that have
the potential to affect the way it operates and its access to scarce resources.

The organization needs to properly understand the environment for effective


management.

Environmental factors are divided into two main parts


Internal Environment.

External Environment.

INTERNAL ENVIRONMENT

The internal environment consists of the organization's owners, board of directors,


regulators, physical work environment and culture.

In the internal environment include strength and weakness of an organization.

Elements of internal environment are:

Trade union
Management
Current employee
Shareholders

EXTERNAL ENVIRONMENT:

According to Daft theory , it is defined as all the elements existing outside the boundary
of the organization that have the potential to affect all or part of the organization

Examples includes government regulatory agencies, competitors, customers, suppliers,


and pressure from the public.

Daft theory identified 10 environmental sectors that may have an impact on particular
organizations:

Industry
Raw materials
Human resources
Financial resources

49
1.10 ORGANIZATION ENVIRONMENT

Markets
Technology

General economy

Government/legal

Sociocultural

International

Both sectors cab be further divided into two basic components. They are:

Task (Specific) Environment:

General Environment.

TASK ENVIRONMENT

Task environment is composed of the specific dimensions of the organization's


surrounding that are very likely to influence of the organization.

It also consists of five dimensions: Competitors, Customers, and Employees,


Strategic, Planners and suppliers.

GENERAL ENVIRONMENT:

General environment is composed of the nonspecific elements of the


organization's surrounding the might affect its activities.

It consists of five dimensions:

1. Economic Factor

2. Technological Factor

3. Sociocultural

4. Political-legal Factor

5. Environmental Factor

50
ORGANIZATION ENVIRONMENT

The impact of the each factor is discussed below:

ECONOMIC FACTOR

The economic segment centers on the economic conditions within which


organizations operate.
It includes elements such as interest rates, inflation rates, gross domestic
product, unemployment rates, levels of disposable income, and the general
growth or decline of the economy

SOCIOCULTURAL
Social factors include trends in demographics such as population size, age,
and ethnic mix, as well as cultural trends such as attitudes toward obesity
and consumer activism

The technological segment centers on improvements in products and


services that are provided by science.
Relevant factors include, for example, changes in the rate of new product
development, increases in automation, and advancements in service industry
delivery .

TECHNOLOGICAL FACTOR
The technological segment centers on improvements in products and
services that are provided by science.

Relevant factors include, for example, changes in the rate of new product
development, increases in automation, and advancements in service industry
delivery

One implication of Moore’s law is that over time electronic devices can
become smaller but also more powerful.

51
1.10 ORGANIZATION ENVIRONMENT

This creates important opportunities and threats in a variety of settings.


Consider, for example, photography.

Just a decade ago, digital cameras were relatively large and they produced
mediocre images. With each passing year, however, digital cameras have
become smaller, lighter, and better

POLITICAL-LEGAL FACTOR

This factor focuses on how the courts influence business activity.

Examples of important legal factors include employment laws, health and


safety regulations, discrimination laws, and antitrust laws

ENVIRONMENTAL FACTOR
The environmental segment involves the physical conditions within which
organizations operate. It includes factors such as natural disasters, pollution
levels, and weather patterns.

For Example, the threat of pollution, for example, has forced municipalities
to treat water supplies with chemicals

52
1.11 CURRENT TRENDS AND ISSUES IN MANAGEMENT

The key trends and issues in the management are described


below:

GLOBALIZATION
The management functions are planning and decision making, organizing.
leading, and controlling are just as relevant to international managers as to
domestic managers.

International managers need to have a clear view of where they want their
firm to be in the future
Management in international organizations becomes complex due to Political
and cultural challenges.

There is a need to work and manage people from different cultures and
Coping with anti capitalist backlash.

It is important to handle the movement of jobs to countries with low-cost


labour.

Planning and Decision Making

To effectively plan and make decisions, managers must have a broad


understanding of both environmental issues and competitive issues.

They need to understand local market conditions and technological factor


that will affect their operations.

They must a make a variety of strategic decisions about their organizations


Critical issues include understanding environmental circumstances, the role
of goals and planning in a global organization, and how decision making
affects the global organization.

53
1.11 CURRENT TRENDS AND ISSUES IN MANAGEMENT

ORGANIZING
Managers in international businesses must also attend to a variety of
organizing issues.

For example, General Electric which operates across the globe. The firm has
made the decision to give local managers a great deal of responsibility for
how they run their business.

In contrast, many Japanese firms give managers of their foreign operations


relatively little responsibility. As a result, those managers must frequently
travel back to Japan to present problems or get decisions approved.

Managers in an international business must address the basic issues of


organization structure and design, managing change, and dealing with
human resources.

LEADING
Managers must be prepared to deal with the cultural factors that affect
international organizations and other factors as they interact people from
different cultural backgrounds.

Managers must understand how cultural factors affect individuals. How


motivational processes vary across cultures, how the role of leadership
changes in different cultures, how communication varies across cultures, and
how interpersonal and group processes depend on cultural background.

CONTROLLING

Managers in international organizations must be concerned with control.

For example, close supervision is seen as being appropriate in some cultures


whereas it is not in other cultures

Basic control issues for the international manager revolve around operations
management productivity, quality, technology and information systems.

54
1.11 CURRENT TRENDS AND ISSUES IN MANAGEMENT

ENTREPRENEURSHIP
Entrepreneurship is defined as a process of starting new businesses, generally in
response to opportunities.

Entrepreneurship process comprises of

Pursuit of opportunities
Innovation in products, services, or business methods

Desire for continual growth of the organization

Managing such enterprises introduces more difficulties.

E – BUSINESS

A lot of organization are involved in E-Business (Electronic Business) in which


organization using electronic linkages to its key constituencies.

E-commerce which is important aspect of E business focuses on sales and


marketing aspect of an e-business

Categories of E-Businesses

E-business enhanced organization

E-business enabled organization

Total e-business organization

Mangers should know how to mange organization e-business effectively.

KNOWLEDGE MANAGEMENT
Learning Organization is an organization that has developed the capacity to
continuously learn, adapt, and change.

Knowledge Management is cortical for such organizations.


The cultivation of a learning culture where organizational members systematically
gather and share knowledge with others in order to achieve better performance.

Management of such organization is not easiest for managers.

55
1.11 CURRENT TRENDS AND ISSUES IN MANAGEMENT

QUALITY MANAGEMENT
A philosophy of management driven by continual improvement in the quality
of work processes and responding to customer needs and expectations.

It is inspired by the total quality management (TQM) ideas of Deming and


Juran, Quality Management means

Management should focus on the customer.

Management should concern for continual improvement

It must be process focused.

Improvement in the quality of everything.

Quality should be accurately measured.

It should ensure the empowerment of employees.

ETHICS

There is need to emphasis on ethics education in college curriculums.

Managers are responsible for the creation and use of codes of ethics by
business.

56
Links to Additional Information

Introduction to Organization and Management

Video Link:

https://nptel.ac.in/courses/110/102/110102016/#

Henry Fayal’s Management Theory

Video Link :
https://www.youtube.com/watch?v=9daoqvyAob0

Scientific Management theory

http://la.utexas.edu/users/hcleaver/330T/350kPEETaylorSciM
anTable.pdf

57
9.Assignments
Analyze and Evaluate the factors affecting the Business Environment.

Examine the management aspects of a private and public company of


your choice

Summarize the Time and Motion Study with suitable Example

58
10.Part A Q & A

1. Define Management. (CO1) (K1)


Koontz and Weihrich defines Management as “the process of designing and
maintaining an environment in which individuals, working together in groups,
accomplish their aims effectively and efficientty”.

2. What are the various levels of management? (CO1) (K1)

The various levels existing in an average firm / company are:

Top level management

Middle level management

Lower level management

3. What are the various skills required of a manager? (CO1) (K1)

Managers require four kinds of skills:

Technical skill — Knowledge of and proficiency in working with tools and


technology

Human skill — Ability to work with people


Conceptual skill — Ability to recognize important element in a situation
and understand relationship among elements, Design skill

4. What are the roles played by managers? (CO1) (K1)

Interpersonal roles: Figurehead, Leader, Liaison. Informational

roles: Recipient, Disseminator, Spokesman.

Decision roles: Entrepreneur, Disturbance handler, Resource allocator,


Negotiator.

5. What are the functions of a manager? (CO1) (K1)


Planning, Organizing, Directing. and Controlling. Some people include
additional roles such as Leading, Staffing, Coordinating, etc.

59
Part A Q & A

6. What is scientific management? (CO1) (K1)


Scientific management is an approach that emphasizes the scientific study of
work methods in order to improve worker efficiency and productivity.

It includes task and deadline setting, planning the task, employee selection
and training, standardization of working conditions, material, equipment etc.
specialization and mental revolution.

7. What are the major contributions of Taylor ? (CO1) (K1)


The major contributions of F.W.Taylor are as follows
He developed the principle of division of labor/work

He developed method study

He advocated time study


He developed certain principles to breakup each job into small independent
elements

He developed the concept of fair day’s work

He proposed the functional organization

8. What do you mean by ‘unity of command’? (CO1) (K2)


‘Unity of command’ is an important principle proposed by Henry Fayol. This
implies that an employee should receive orders from one superior only.

9. What is authority? (CO1) (K1)

lt is the power given to a person to get work from his subordinates.

10. How did Fayol classify business activities? (CO1) (K1)

Fayol classified business activities into six groups:, Technical ,Commercial,


Financial ,Accounting Security, and Administrative (Managerial).

60
Part A Q & A

11. What is a ‘scalar chain’? (CO1) (K1)


A scalar chain is a hierarchical chain of authority which extends from the top
to the bottom of an organization and defines the communication path.

However, horizontal communication (Gang Plank) is also encouraged as long


as the managers in the chain are kept informed.

12.What is ’Esprit-de-corps’? (CO1) (K1)

It means ‘Unity is strength’. In an organization, there should be harmony


and unity amongst the employees.

13. What is meant by ’Business environment’? (CO1) (K2)

An organization, being a subsystem of broader societal system, has to work


within the framework provided by the society and its various constituents.
These constituents are combined to constitute environment for a given
organization. Thus environment includes all the conditions, circumstances,
and influences surrounding and affecting the total organization or any of its
part.

14. What are the major components of the business environment? (CO1)
(K1)

Economic, Political, legal, Technological, Social, Cultural, and Competitive


environments

15. Mention the nature of management (CO1) (K1)

Management is Multidisciplinary, it’s a continuous process, it’s a universal


activity, its dynamic and not static, it’s a profession , it’s a group activity.

61
Part A Q & A

16. Distinguish between administration and management. (CO1) (K2)

Administration Management
It is higher level function It is lower level function
It refers to owners of It refers to employees
management
It acts through management It acts through organization

Lays down policies Executes the same

17. Define Joint Stock Company. (CO1) (K1)

A JSC is a type of corporation or partnership involving two or more


individuals that own shares of stock in the company.

18. What are the new ideas of Robert Owen? (CO1) (K1)

He firmly believed that workers performance was influenced by working


conditions and treatment of workers

19. What is ethics in management? (CO1) (K1)

Business ethics deals with morality of the business environment. Business


ethics relate to the behavior of a businessman in a situation.

20. What is social responsibility? (CO1) (K1)

Society is the part of the management to initiate actions either to protect social
interest of the society.

62
Part A Q & A

21. What are the advantages and disadvantages of MNC ? (CO1) (K2)

Advantages: better use of technology, increases productivity, expands


markets.

Disadvantages: affects local industry, lack of development of local R&D

22. What are the needs mentioned in Maslow’s theory ? (CO1) (K1)

Physiological needs, safety needs, love needs, esteem needs and self
actualization needs.

23. What is meant by fatigue study? (CO1) (K1)

This indicates the amount and frequency of rest required in completing


the job.

24. What is meant by motion study? (CO1) (K1)


lt’s a study of movement of an operator in performing an operation with
the purpose of eliminating useless motions.

25. What is meant by Time study? (CO1) (K1)

This study determines the proper time for performing the operations. The
operation which takes minimum time is the best one.

63
11.Part B Questions
1. How would you describe the various functions of Management? (CO1) (K1)

2. How would you summarize the concepts of scientific management? (CO1) (K1)

3. How would you show your understanding of 14 principles of management?


(CO1) (K1)

4. Classify the roles of managers with example . (CO1) (K1)

5. Evaluate Systems approach & Contingency Approach. (CO1) (K2)

6. Define Environment. What are the factors affecting environment? (CO1) (K1)

7. Compare and contrast Sole proprietorship and partnership (CO1) (K2)

8. i) Construct a plan for activities to be carried out by managers in recent times


highlighting the current trends . (CO1) (K1)

ii) Analyze the findings of Hawthorne experiments. (CO1) (K1)

9. List the main characteristics of Public and Private Enterprises (CO1) (K1)

11. i) Outline the relative importance of each type of skills to lower, middle and
upper level managers (CO1) (K1)

ii) Summarize the motion study as used by the Gilbreth. (CO1) (K1)

12.Examine the various challenges and trends of management scenario with


illustrations (CO1) (K1)

13.How would you explain the evolution of management thought by different


experts in management (CO1) (K1)

64
12.SUPPORTIVE ONLINE CERTIFICATION
COURSES UNIT - 1

 SWAYAM: PRINCIPLES OF MANAGEMENT

By Prof. Susmita Mukhopadhyay, Prof. S. Srinivasan | IIT Kharagpur

https://onlinecourses.nptel.ac.in/noc20_mg58/preview

 UDEMY: PRINCIPLES OF MANAGEMENT

By Zakir Badr, Professor - Management

https://www.udemy.com/course/principles-of-management-j/

 COURSE ERA: FUNDAMENTALS OF MANAGEMENT

By Dave Nagy, Instructor, University of California, Irvine Extension

https://www.coursera.org/learn/fundamentals-of-management
13.Real time Applications in day to day life
and to industry – UNIT - I

Website : https://www.aima.in/

The All India Management Association (AIMA) is the apex body for
management in India with over 38000 members and close to 6000 corporate
/institutional members through 66 Local Management Associations affiliated to it.
AIMA was formed over 60 years ago and is a non-lobbying, not for profit
organisation, working closely with industry, Government, academia and students,
to further the cause of the management profession in India.

Professional Development : Enhancing Management Skills &


Competencies

AIMA is represented on the Boards of India's premier Business Institutions


and also represented on Boards of Government bodies including the AICTE,
National Board of Accreditation, National Productivity Council to name a few. In
addition, AIMA brings to the Indian managers, the best management practices
and techniques through numerous foreign collaborations with professional bodies
and institutions.
14.Content Beyond the Syllabus

ORGANIZATIONAL THEORY
The Organizational Theory refers to the set of interrelated concepts, definitions
that explain the behavior of individuals or groups or subgroups, who interacts
with each other to perform the activities intended towards the accomplishment of
a common goal.

It is aimed to identify the patterns and structures they use to solve problems,
maximize efficiency and productivity, and meet the expectations of stakeholders.

Examples

Classical

The classical approach viewed organization as a machine and human beings


as components of that machine.

They were of the view that efficiency of the organization can be increased by
making human beings efficient.

Their emphasis was on specialization and co-ordination of activities.

Neo-classical

The classical theory of organization focused main attention on physiological


and mechanical variables of organizational functioning.

The testing of these variables did not show positive results.

67
Content Beyond the Syllabus

Contingency
A contingency theory is an organizational theory that claims that there is no
best way to organize a corporation, to lead a company, or to make decisions.

Instead, the optimal course of action is contingent (dependent) upon the


internal and external situation.

System Theory
The theory considers organizations as systems.

”A system is an organized or complex whole – an assemblage


or combination of things or parts which form a complex unitary whole”.
The different parts of the system are called sub-systems, which are
interrelated.

This ensures the efficient functioning of the system as a whole. Also, every
system has a boundary which separates it from its environment.

68
15.ASSESSMENT SCHEDULE

ASSESSMENT DATES

FIRST INTERNAL ASSESSMENT 16.09.2022

02.11.2022
SECOND INTERNAL
ASSESSMENT

01.12.2022
MODEL EXAMINATION
16.PRESCRIBED TEXTBOOKS & REFERENCE
BOOKS

Stephen P. Robbins & Mary Coulter, “Management”, 10th Edition,


Prentice Hall (India) Pvt. Ltd., 2009.
JAF Stoner, Freeman R.E and Daniel R Gilbert “Management”, 6th
Edition, Pearson Education, 2004.
Stephen A. Robbins & David A. Decenzo & Mary Coulter, “Fundamentals
of Management” 7th Edition, Pearson Education, 2011.
Robert Kreitner & Mamata Mohapatra, “Management”, Biztantra, 2008.
Harold Koontz & Heinz Weihrich “Essentials of management” Tata Mc
Graw Hill, 1998.
Tripathy PC & Reddy PN, “Principles of Management”, Tata McGraw Hill,
1999.

ONLINE RESOURCES
https://easyengineering.net/mg6851-principles-of-management/
https://www.slideshare.net/rmkceteee/mg6851-pom
https://www.indeed.com/career-advice/finding-a-job/type-of-businesses
http://www.brainkart.com/article/Trends-and-Challenges-of-Management-in-
Global-Scenario_7560/
https://bcastudyguide.wordpress.com/unit-2-evolution-of-management-thoughts/
http://tce2010.weebly.com/uploads/8/4/4/5/8445046/unit_4_organization_culture
environment.pdf
https://www.managementstudyhq.com/functions-of-management.html
https://www.yourarticlelibrary.com/management/manager/role-of-manager-in-an-
organization/53144
17.Mini Project

Henry Fayol 14 Principles of Management :implications of library and


information centers

It specifically analyses their application to and implications for


libraries and information centres. An extensive review of pub- lished works on
management generally, and library management in particular, was conducted.
This yielded vital insights on the original meaning and later modifications of
these principles, as well as their application in the man- agement of various
organisations. Consequently, the strengths and weaknesses of these principles
were exam- ined to determine their suitability in libraries and information
centres. Inferences, illustrations, and examples were drawn from both
developed and developing countries which gives the paper a global
perspective. Based on avail- able literature, it was concluded that Fayol’s
principles of management are as relevant to libraries as they are in other
organisations. The paper, therefore, recommends that in addition to modifying
some aspects to make these principles more responsive to the peculiar needs
of libraries, further research should be undertaken to expand the breadth of
these principles and ascertain their impacts on the management of information
organisations.

REFERENCES

Rodrigues, C. A. (2001). Fayol’s 14 principles of man- agement then and now:


A framework for manag- ing today’s organisations effectively. Management
Decision, 39 (10), 880-889.

Ononogbo, R. U. (2008). Architect’s brief for the design and construction of a


university library building: A model draft. Communicate: Journal of Library and
Information Science, 10(1), 67-77.
New York: McGraw-Hill.
Thank you

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