Fundamentals of Business : Introduction to Management SYBCOM Semester III

200.00

Michael Vaz – Meeta Seta

Second Revised Edition – June 2026

ISBN 978-93-5750-847-6

Description

Minor in Commerce

Fundamentals of Business : Introduction to Management

Vertical 2 : Minor

 

S.Y.B.Com.: Semester – III

 

Syllabus (As Per NEP 2020) w.e.f. the Academic Year 2025-26

 

Module 1 : Introduction to Management (15 lectures)
Unit – I : Management
♦ Concept, Nature, Functions, Levels of Management, Managerial Skills
♦ Techniques of Scientific Management Theory by F.W. Taylor, Principles of Management by Henri Fayol, Dimensions of Management by Peter Drucker
Unit – II : Indian Management Thoughts
♦ Indian Management Thoughts, Chanakya’s Principles of Management
♦ 10 Key Management Lessons from Bhagwad Gita, Indian Ethos and Its Significance to Management
Module 2 : Planning and Decision Making (15 lectures)
Unit – I : Planning
♦ Steps, Importance, Components of Planning, Coordination – Importance
♦ M.B.O. – Process, Advantages, Management By Exception – Advantages; Management Information System – Concept, Components
Unit – II : Decision Making
♦ Concept, Importance, Process of Decision-making and Techniques
♦ Essentials of a Sound Decision Making, Impact of Technology on Decision Making
Module 3 : Organizing (15 lectures)
Unit – I : Organisation Structures
♦ Features of Organisation Structures : Line Organisation, Line and Staff Organisation, Matrix Organisation, Virtual Organisation, Formal and Informal Organisation
♦ Departmentation – Meaning and Bases
Unit – II : Span of Management and Delegation of Authority
♦ Span of Management – Concept and Factors Influencing Span of Management, Advantages of Appropriate Span of Management
♦ Delegation of Authority – Process, Barriers to Delegation, Principles of Effective Delegation, Centralization v/s Decentralisation
Module 4 : Directing and Controlling (15 lectures)
Unit – I : Directing
♦ Concept, Importance and Scope of Directing
♦ Motivation – Concept, Importance, Factors Influencing Motivation, Maslow’s Theory of Motivation, Leadership – Concept, Styles and Qualities of Good Leader
Unit – II : Controlling
♦ Managerial Communication : Functions, Barriers, Modern Tools Used by Managers for Communication
♦ Controlling – Concept, Steps in Control Process, Essentials of Good Control System, Techniques of Controlling

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