Essentials of Principles of Management
Essentials of Principles of Management
ISBN 9788182095410
 Publication Date

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EBOOK (EPUB)

EBOOK (PDF)

  • Cover
  • Title Page
  • Copyright Page
  • Contents
  • Preface
  • Chapter 1 Basic Management Concepts
    • Introduction
    • Management and Administration
    • Management — An Art or Science: A Debate
    • Management as a Profession
    • Levels of Management
    • Managerial Skills
    • Role of Manager
    • Importance of Management
    • Scope of Management or Functional Areas of Management
    • Functions of Management
    • Management by Exception (MBE)
    • Current Challenges in Management
    • Current Trends in Management
    • Review Questions
  • Chapter 2 Evolution of Management Concepts
    • Introduction
    • Schools of Management Thought or Approaches to Management
    • Contributions to Management Thought
    • Review Questions
  • Chapter 3 Social Aspects of Business
    • Introduction
    • Social Responsibility to Stakeholders
    • Review Questions
  • Chapter 4 Planning
    • Definitions of Planning
    • Nature of Planning
    • Importance of Planning
    • Obstacles to Planning or Limitations of Planning
    • Steps to Make Plans Effective
    • Process of Planning
    • Approaches to Planning
    • Planning Tools
    • Planning Techniques
    • Review Questions
  • Chapter 5 Classification of Planning
    • Hierarchy Based Classification
    • Classification on the Basis of Scope
    • Classification on the Basis of Time Horizon
    • Classification on the Basis of Challenges
    • Classification on the Basis of Formalities
    • Classification Based on Utility
    • Comparison between Usage Based Plans
    • Review Questions
  • Chapter 6 Objectives
    • Introduction
    • Characteristics of Organizational Objectives
    • Importance and Role of Objectives
    • Prerequisites/Essentials of Valid Objectives/Guidelines for Objectives Setting
    • Limitations in Objectives Formulation
    • Management by Objectives (MBO)
    • Forms of Objectives
    • Review Questions
  • Chapter 7 Forecasting and Planning Premises
    • Forecast
    • Forecasting Techniques
    • Planning Premises
    • Review Questions
  • Chapter 8 Decision-Making
    • Features of Managerial Decisions
    • Characteristics of Decision-Making
    • Types of Decisions
    • Importance/ Advantages of Decision-Making
    • Steps in Decision-Making
    • Review Questions
  • Chapter 9 Policies
    • Introduction
    • Characteristics of Policies/Considerations in Policy Making
    • Types of Policies or Sources of Policy
    • Limitations of Policy Formulation
    • Advantages
    • Review Questions
  • Chapter 10 Strategy
    • Definitions
    • Features of Strategy
    • Strategies and Tactics
    • Levels of Strategy
    • Strategy Formulation
    • Review Questions
  • Chapter 11 Organization and Organization Structure
    • Introduction
    • Process of Designing the Organization
    • Principles of Organization
    • Theories of Organization
    • Organization Structure
    • Review Questions
  • Chapter 12 Types of Organization
    • Formal and Informal Organization
    • Types of organization
    • Review Questions
  • Chapter 13 Supervision and Span of Control
    • Supervision
    • Span of Management (or Control)
    • Review Questions
  • Chapter 14 Departmentation
    • Introduction
    • Bases of Division/Departmentation
    • Principles of Departmentation
    • Need for Departmentation
    • Review Questions
  • Chapter 15 Organization Charts
    • Introduction
    • Organization Charts
    • Review Questions
  • Chapter 16 Authority and Responsibility
    • Authority
    • Types of Authority
    • Authority and Power
    • Responsibility
    • Accountability
    • Review Questions
  • Chapter 17 Delegation and Decentralization
    • Delegation
    • Decentralization of Authority
    • Summary Chart
    • Centralization
    • Review Questions
  • Chapter 18 Directing
    • Introduction
    • Techniques of Direction
    • Importance of Direction
    • Principles of Direction
    • Review Questions
  • Chapter 19 Motivation and Morale
    • Motivation
    • Theories of Motivation
    • Morale
    • Review Questions
  • Chapter 20 Leadership
    • Introduction
    • Functions of Managerial Leadership
    • Need for Leadership and its Importance
    • Styles of Leadership
    • Theories of Leadership or Approaches to Leadership
    • Successful Women Leaders
    • Challenges Faced by Women in the Workplace
    • Traits of Successful Woman Leader
    • Review Questions
  • Chapter 21 Communication
    • Nature and Scope of Business Communication
    • Definitions of Communication
    • Characteristics of Communication
    • Process of Communication
    • Principles of Communication
    • Means of Communication
    • Dimensions or Directions or Flow of Communication
    • Formal and Informal Communication
    • Barriers to Communication
    • Measures to Overcome Communication Barriers
    • Review Questions
  • Chapter 22 Coordination
    • Introduction
    • Importance of Coordination/Benefits of Coordination
    • Constraints to Coordinations/Problems Encountered in Achieving Coordination
    • Steps for Effective Coordination
    • Techniques of Coordination
    • Types of Coordination
    • Coordination and Managerial Function
    • Review Questions
  • Chapter 23 Control
    • Introduction
    • Need for Control or Importance of Control
    • Types of Controls
    • Measures to Address Opposition to Control Measures
    • Steps in Controlling Process
    • Review Questions
  • Chapter 24 Techniques of Control
    • Introduction
    • Accounting
    • Control through Audit
    • Quality Control
    • Control through Network
    • Management Information System (MIS)
    • Overall Control System
    • Review Questions
  • Chapter 25 Staffing
    • Introduction
    • Process of Staffing
    • Recruitment
    • Sources of Recruitment
    • Recent Trends in Recruitment
    • Selection
    • Training
    • Promotion
    • Performance Appraisal
    • Work From Home (Wfh)
    • Management Games: Learning Through Simulated Business Scenarios
    • Review Questions
  • Previous Year Question Papers
  • Glossary
  • Index
Dr K Sundar, Professor, Department of Commerce, Annamalai University, has over 25 years of UG and PG teaching experience. A prolific author, he has contributed more than 100 articles in national and international journals. He has authored books on Business Communication, Principles of Management, Human Resource Management, Organisation Behaviour, Business Ethics, Business Management and Auditing.

Essentials of
Principles of Management

Essentials of
Principles of Management

Dr. K. SUNDAR

Professor
Department of Commerce
Annamalai University, Chidambaram
Tamil Nadu

Vijay Nicole Imprints Private Limited

CHENNAI

Published by

Vijay Nicole Imprints Private Limited

No. 1B, Second Main Road,
Ram Nagar South, Chennai – 600 091
Phone: + 91 - 44 - 4283 7178, 72002 58368, 97898 33533
Email: vni@vijaynicole.co.in Website: www.vijaynicole.co.in

Essentials of Principles of Management

ISBN (Print): 978-81-8209-541-0

ISBN e-PUB: 978-93-93161-04-8

ISBN e-PDF: 978-93-93161-24-6

Copyright © 2018, Vijay Nicole Imprints Private Limited

No part of this publication may be reproduced or distributed in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise or stored in a database or retrieval system without the prior written permission of the publishers and copyright holders. The program listings (if any) may be entered, stored and executed in a computer system, but they may not be reproduced for publication.

Information contained in this work has been obtained by publishers, from sources believed to be reliable. However, neither publishers nor copyright holders guarantee the accuracy or completeness of any information published herein, and neither publishers nor copyright holders shall be responsible for any errors, omissions, or damages arising out of use of this information. This work is published with the understanding that publishers and copyright holders are supplying information but are not attempting to render engineering or other professional services. If such services are required, the assistance of an appropriate professional should be sought.

Laser typeset at: Maven Learning, Chennai – 600 091

CONTENTS

Preface

Chapter 1 Basic Management Concepts

Introduction

Management and Administration

Management — An Art or Science: A Debate

Management as a Profession

Levels of Management

Managerial Skills

Role of Manager

Importance of Management

Scope of Management or Functional Areas of Management

Functions of Management

Management by Exception (MBE)

Current Challenges in Management

Current Trends in Management

Review Questions

Chapter 2 Evolution of Management Concepts

Introduction

Schools of Management Thought or Approaches to Management

Contributions to Management Thought

Review Questions

Chapter 3 Social Aspects of Business

Introduction

Social Responsibility to Stakeholders

Review Questions

Chapter 4 Planning

Definitions of Planning

Nature of Planning

Importance of Planning

Obstacles to Planning or Limitations of Planning

Steps to Make Plans Effective

Process of Planning

Approaches to Planning

Planning Tools

Planning Techniques

Review Questions

Chapter 5 Classification of Planning

Hierarchy Based Classification

Classification on the Basis of Scope

Classification on the Basis of Time Horizon

Classification on the Basis of Challenges

Classification on the Basis of Formalities

Classification Based on Utility

Comparison between Usage Based Plans

Review Questions

Chapter 6 Objectives

Introduction

Characteristics of Organizational Objectives

Importance and Role of Objectives

Prerequisites/Essentials of Valid Objectives/Guidelines for Objectives Setting

Limitations in Objectives Formulation

Management by Objectives (MBO)

Forms of Objectives

Review Questions

Chapter 7 Forecasting and Planning Premises

Forecast

Forecasting Techniques

Planning Premises

Review Questions

Chapter 8 Decision-Making

Introduction

Features of Managerial Decisions

Characteristics of Decision-Making

Types of Decisions

Importance/ Advantages of Decision-Making

Steps in Decision-Making

Review Questions

Chapter 9 Policies

Introduction

Characteristics of Policies/Considerations in Policy Making

Types of Policies or Sources of Policy

Limitations of Policy Formulation

Advantages

Review Questions

Chapter 10 Strategy

Definitions

Features of Strategy

Strategies and Tactics

Levels of Strategy

Strategy Formulation

Review Questions

Chapter 11 Organization and Organization Structure

Introduction

Process of Designing the Organization

Principles of Organization

Theories of Organization

Organization Structure

Review Questions

Chapter 12 Types of Organization

Formal and Informal Organization

Types of organization

Review Questions

Chapter 13 Supervision and Span of Control

Supervision

Span of Management (or Control)

Review Questions

Chapter 14 Departmentation

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Rating
Table of contents
  • Cover
  • Title Page
  • Copyright Page
  • Contents
  • Preface
  • Chapter 1 Basic Management Concepts
    • Introduction
    • Management and Administration
    • Management — An Art or Science: A Debate
    • Management as a Profession
    • Levels of Management
    • Managerial Skills
    • Role of Manager
    • Importance of Management
    • Scope of Management or Functional Areas of Management
    • Functions of Management
    • Management by Exception (MBE)
    • Current Challenges in Management
    • Current Trends in Management
    • Review Questions
  • Chapter 2 Evolution of Management Concepts
    • Introduction
    • Schools of Management Thought or Approaches to Management
    • Contributions to Management Thought
    • Review Questions
  • Chapter 3 Social Aspects of Business
    • Introduction
    • Social Responsibility to Stakeholders
    • Review Questions
  • Chapter 4 Planning
    • Definitions of Planning
    • Nature of Planning
    • Importance of Planning
    • Obstacles to Planning or Limitations of Planning
    • Steps to Make Plans Effective
    • Process of Planning
    • Approaches to Planning
    • Planning Tools
    • Planning Techniques
    • Review Questions
  • Chapter 5 Classification of Planning
    • Hierarchy Based Classification
    • Classification on the Basis of Scope
    • Classification on the Basis of Time Horizon
    • Classification on the Basis of Challenges
    • Classification on the Basis of Formalities
    • Classification Based on Utility
    • Comparison between Usage Based Plans
    • Review Questions
  • Chapter 6 Objectives
    • Introduction
    • Characteristics of Organizational Objectives
    • Importance and Role of Objectives
    • Prerequisites/Essentials of Valid Objectives/Guidelines for Objectives Setting
    • Limitations in Objectives Formulation
    • Management by Objectives (MBO)
    • Forms of Objectives
    • Review Questions
  • Chapter 7 Forecasting and Planning Premises
    • Forecast
    • Forecasting Techniques
    • Planning Premises
    • Review Questions
  • Chapter 8 Decision-Making
    • Features of Managerial Decisions
    • Characteristics of Decision-Making
    • Types of Decisions
    • Importance/ Advantages of Decision-Making
    • Steps in Decision-Making
    • Review Questions
  • Chapter 9 Policies
    • Introduction
    • Characteristics of Policies/Considerations in Policy Making
    • Types of Policies or Sources of Policy
    • Limitations of Policy Formulation
    • Advantages
    • Review Questions
  • Chapter 10 Strategy
    • Definitions
    • Features of Strategy
    • Strategies and Tactics
    • Levels of Strategy
    • Strategy Formulation
    • Review Questions
  • Chapter 11 Organization and Organization Structure
    • Introduction
    • Process of Designing the Organization
    • Principles of Organization
    • Theories of Organization
    • Organization Structure
    • Review Questions
  • Chapter 12 Types of Organization
    • Formal and Informal Organization
    • Types of organization
    • Review Questions
  • Chapter 13 Supervision and Span of Control
    • Supervision
    • Span of Management (or Control)
    • Review Questions
  • Chapter 14 Departmentation
    • Introduction
    • Bases of Division/Departmentation
    • Principles of Departmentation
    • Need for Departmentation
    • Review Questions
  • Chapter 15 Organization Charts
    • Introduction
    • Organization Charts
    • Review Questions
  • Chapter 16 Authority and Responsibility
    • Authority
    • Types of Authority
    • Authority and Power
    • Responsibility
    • Accountability
    • Review Questions
  • Chapter 17 Delegation and Decentralization
    • Delegation
    • Decentralization of Authority
    • Summary Chart
    • Centralization
    • Review Questions
  • Chapter 18 Directing
    • Introduction
    • Techniques of Direction
    • Importance of Direction
    • Principles of Direction
    • Review Questions
  • Chapter 19 Motivation and Morale
    • Motivation
    • Theories of Motivation
    • Morale
    • Review Questions
  • Chapter 20 Leadership
    • Introduction
    • Functions of Managerial Leadership
    • Need for Leadership and its Importance
    • Styles of Leadership
    • Theories of Leadership or Approaches to Leadership
    • Successful Women Leaders
    • Challenges Faced by Women in the Workplace
    • Traits of Successful Woman Leader
    • Review Questions
  • Chapter 21 Communication
    • Nature and Scope of Business Communication
    • Definitions of Communication
    • Characteristics of Communication
    • Process of Communication
    • Principles of Communication
    • Means of Communication
    • Dimensions or Directions or Flow of Communication
    • Formal and Informal Communication
    • Barriers to Communication
    • Measures to Overcome Communication Barriers
    • Review Questions
  • Chapter 22 Coordination
    • Introduction
    • Importance of Coordination/Benefits of Coordination
    • Constraints to Coordinations/Problems Encountered in Achieving Coordination
    • Steps for Effective Coordination
    • Techniques of Coordination
    • Types of Coordination
    • Coordination and Managerial Function
    • Review Questions
  • Chapter 23 Control
    • Introduction
    • Need for Control or Importance of Control
    • Types of Controls
    • Measures to Address Opposition to Control Measures
    • Steps in Controlling Process
    • Review Questions
  • Chapter 24 Techniques of Control
    • Introduction
    • Accounting
    • Control through Audit
    • Quality Control
    • Control through Network
    • Management Information System (MIS)
    • Overall Control System
    • Review Questions
  • Chapter 25 Staffing
    • Introduction
    • Process of Staffing
    • Recruitment
    • Sources of Recruitment
    • Recent Trends in Recruitment
    • Selection
    • Training
    • Promotion
    • Performance Appraisal
    • Work From Home (Wfh)
    • Management Games: Learning Through Simulated Business Scenarios
    • Review Questions
  • Previous Year Question Papers
  • Glossary
  • Index
Biographical note
Dr K Sundar, Professor, Department of Commerce, Annamalai University, has over 25 years of UG and PG teaching experience. A prolific author, he has contributed more than 100 articles in national and international journals. He has authored books on Business Communication, Principles of Management, Human Resource Management, Organisation Behaviour, Business Ethics, Business Management and Auditing.
Excerpt

Essentials of
Principles of Management

Essentials of
Principles of Management

Dr. K. SUNDAR

Professor
Department of Commerce
Annamalai University, Chidambaram
Tamil Nadu

Vijay Nicole Imprints Private Limited

CHENNAI

Published by

Vijay Nicole Imprints Private Limited

No. 1B, Second Main Road,
Ram Nagar South, Chennai – 600 091
Phone: + 91 - 44 - 4283 7178, 72002 58368, 97898 33533
Email: vni@vijaynicole.co.in Website: www.vijaynicole.co.in

Essentials of Principles of Management

ISBN (Print): 978-81-8209-541-0

ISBN e-PUB: 978-93-93161-04-8

ISBN e-PDF: 978-93-93161-24-6

Copyright © 2018, Vijay Nicole Imprints Private Limited

No part of this publication may be reproduced or distributed in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise or stored in a database or retrieval system without the prior written permission of the publishers and copyright holders. The program listings (if any) may be entered, stored and executed in a computer system, but they may not be reproduced for publication.

Information contained in this work has been obtained by publishers, from sources believed to be reliable. However, neither publishers nor copyright holders guarantee the accuracy or completeness of any information published herein, and neither publishers nor copyright holders shall be responsible for any errors, omissions, or damages arising out of use of this information. This work is published with the understanding that publishers and copyright holders are supplying information but are not attempting to render engineering or other professional services. If such services are required, the assistance of an appropriate professional should be sought.

Laser typeset at: Maven Learning, Chennai – 600 091

CONTENTS

Preface

Chapter 1 Basic Management Concepts

Introduction

Management and Administration

Management — An Art or Science: A Debate

Management as a Profession

Levels of Management

Managerial Skills

Role of Manager

Importance of Management

Scope of Management or Functional Areas of Management

Functions of Management

Management by Exception (MBE)

Current Challenges in Management

Current Trends in Management

Review Questions

Chapter 2 Evolution of Management Concepts

Introduction

Schools of Management Thought or Approaches to Management

Contributions to Management Thought

Review Questions

Chapter 3 Social Aspects of Business

Introduction

Social Responsibility to Stakeholders

Review Questions

Chapter 4 Planning

Definitions of Planning

Nature of Planning

Importance of Planning

Obstacles to Planning or Limitations of Planning

Steps to Make Plans Effective

Process of Planning

Approaches to Planning

Planning Tools

Planning Techniques

Review Questions

Chapter 5 Classification of Planning

Hierarchy Based Classification

Classification on the Basis of Scope

Classification on the Basis of Time Horizon

Classification on the Basis of Challenges

Classification on the Basis of Formalities

Classification Based on Utility

Comparison between Usage Based Plans

Review Questions

Chapter 6 Objectives

Introduction

Characteristics of Organizational Objectives

Importance and Role of Objectives

Prerequisites/Essentials of Valid Objectives/Guidelines for Objectives Setting

Limitations in Objectives Formulation

Management by Objectives (MBO)

Forms of Objectives

Review Questions

Chapter 7 Forecasting and Planning Premises

Forecast

Forecasting Techniques

Planning Premises

Review Questions

Chapter 8 Decision-Making

Introduction

Features of Managerial Decisions

Characteristics of Decision-Making

Types of Decisions

Importance/ Advantages of Decision-Making

Steps in Decision-Making

Review Questions

Chapter 9 Policies

Introduction

Characteristics of Policies/Considerations in Policy Making

Types of Policies or Sources of Policy

Limitations of Policy Formulation

Advantages

Review Questions

Chapter 10 Strategy

Definitions

Features of Strategy

Strategies and Tactics

Levels of Strategy

Strategy Formulation

Review Questions

Chapter 11 Organization and Organization Structure

Introduction

Process of Designing the Organization

Principles of Organization

Theories of Organization

Organization Structure

Review Questions

Chapter 12 Types of Organization

Formal and Informal Organization

Types of organization

Review Questions

Chapter 13 Supervision and Span of Control

Supervision

Span of Management (or Control)

Review Questions

Chapter 14 Departmentation

User Reviews
Comments should not be blank
Rating
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