PPM (BBA 1st)

Principles and Practices of Management (PPM) — BBA, 1st Semester

Course objective: the course aims at providing fundamental knowledge and exposure to the concepts, theories and practices in the field of management. And to facilitate the students in appreciating need/significance and applications of various managerial functions.

Course Outcomes (COs)

1. CO1: Describe fundamental concepts, nature and principles of Management.
2. CO2: Explain the role and responsibilities of managers and adapt to the various styles of management across organizations.
3. CO3: Develop analytical abilities to face the business situations.
4. CO4: Apply various tools that would facilitate the decision making process in the business.
5. CO5: Develop peer based learning and working in groups and teams.

Unit – I

1. Management: Meaning, definitions, nature and scope, functions of management.
2. Managerial roles and skills.
3. Forms of different organizations: sole proprietorship, partnership and Joint Stock Company.
4. Evolution of management thoughts: classical and new classical systems, contingency approaches, Scientific management.

Unit – II

1. Planning: nature, purpose and functions, types of plan, Management by Objective (MBO), steps in planning.
2. Decision Making: Meaning, Steps in Decision Making, Techniques of Decision Making.
3. Strategic planning – concepts, process, importance and limitations; Growth strategies- Internal and external.

Unit – III

1. Organizing: Concept, formal and informal organizations, task force, bases of departmentation, different forms of organizational structures, avoiding organizational inflexibility.
2. Teamwork – meaning, types and stages of team building.
3. Concept of staffing- Recruitment and Selection.
4. Motivation – concept, importance and theories.

Unit – IV

1. Authority: definition, types, responsibility and accountability, delegation, decentralization v/s centralization, determinants of effective decentralization. Line and staff authority.
2. Control: function, process and types of control, nature, process, significance and span of control. Direct control v/s preventive control.
3. Trends and challenges of management in global scenario, emerging issues in management: Introduction to Total Quality Management (TQM), Just in Time (JIT).

Suggested Textbooks

1. Principles and practices of management: L. M. PRASAD (S. Chand publishers)
2. Essentials of Management: Koontz H. & Weihrich H. (Tata Mc Graw Hill Publishers)

Suggested Reference books

1. Management: Stephen Robbins (Pearson publishers)
2. VSP Rao & V H Krishna, Management, Excel books