C.M.2 Principles of Management
Definition, Nature & Scope of Management – Management as science, art and process.
Development of Management thought- functions and roles of a manager.
Planning :
meaning - Steps in planning – Purpose, Objectives & Strategies – Nature and
types of planning – Standing and Single use plans : Policies, Procedures and regulations;
Programmes, Projects and Budgets.
Organizing –
meaning and process. Organizational structure : Hierarchy and span of control –
Need for co-ordination – Differentiation, Centralization and Formalization – Line and Staff
relationships. Staffing: Recruitment and Selection.
Decisions making:
meaning and process. Types of Decisions and decision making- problems
involved in decision making-methods to improve decision making in organizations.
Importance of employee motivation.
Directing and Controlling -
Nature and purpose and process of directing and controlling -
Leading the workforce – Relationship between planning and controlling. Types and process
of control process – Financial and non-financial controls.