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OMBC101
OMBC101
Semester-wise Curriculum
Semester I – Curriculum
Course Description:
This course presents a thorough and systematic coverage of management theory and practice. It focuses on
the basic roles, skills, and functions of management, with special attention to managerial responsibility for
effective and efficient achievement of goals. The objective is to help students understand the fundamental
concepts and principles of management; and the basic roles, skills, and functions of management. It is also
intended to give an overview of the historical development, theoretical aspects, and practice application of
managerialprocess.
Course Objectives:
Course Outline:
Unit 7: Staffing: Definition, Importance of Staffing, Main Components of Human Resources, Staffing
Process, Manpower Planning, Selection, Placement and Orientation, Training and Development,
Performance Appraisal, Promotion, and Corrective Actions.
Unit 10: Controlling: Definition, Purpose of Controlling Function, Importance of Controlling, Planning
and Controlling, Features of Controlling, Control process, Advantages of Controlling Process, Types of
Control, Marketing Control, Financial Control, Human Resource Control, Budgetary Control, Inventory
Control, and Information Control.
Unit 12: Decision Making: Definitions, Characteristics of Decision Making, Simple and Complex
Decision, Factors Affecting Decision Making Process, Decision Making Process, Types of Business
Decisions, Decision Making Models, and Tools and Techniques Used for Decision-Making.
Unit 13: Evolutions of Management Thoughts: Management Thoughts of Henry Fayol, Management
Thoughts of Fredrick W. Taylor, Comparing Contributions of Fayol and Taylor, Management Thoughts of
Joseph M. Juran, Management Thoughts of Abraham H. Maslow, Management Thoughts of William E.
Deming, Management Thoughts of Chester I. Bernald, Management Thoughts of Peter F. Drucker.
Unit 14: Recent Trends in Management: Importance of Balance Score Card, Balance Scorecard
Perspective, Seven Elements of Scorecard Program, Advantages of Balance Scorecard, Six Sigma, Steps to
Implement Six Sigma, Six Sigma Strategy, Six Sigma Tools, TQM, Principle of TQM, Elements of TQM,
ImplementingTQM.
Course Outcome:
Suggested Reading:
1. Weihrich Heinz and Koontz Harold- Management: A Global and Entrepreneurial Perspective (Mc
Graw Hill, 12th Edition2008)
2. Stoner, Freeman and Gilbert Jr- Management (Prentice Hall of India, LatestEdition)
3. Bateman, Management (SIE), Tata McGraw-Hill Publishing Company, NewDelhi.
4. Fraidoon Mazda- “ Engineering Management”, AddisonWesley-2000.
5. Hillier Frederick S. and Hillier Mark S.- Introduction to Management Science: A Modeling and
Case Studies Approach with Spreadsheets (Tata Mc Graw Hill, 2nd Edition2008)
6. Massie, Joseph L., Essentials of Management, PearsonEducation.
7. Tripathy PC and Reddy PN, “Principles of Management”, Tata McGraw-Hill,1999.