Fundamentals of Management

Teacher

Umakanta Nayak

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Course Name : Fundamentals of Management

Code(Credit) : CUTM1209 (3-0-1)

Course Objectives

To make the students understand

Organization and forms of organization
Theories of management
Fundamentals and principles of management

Learning Outcomes

After completion of this course students will be able to

- Distinguish various forms of organization existing in the society and appreciate their relevance
- Apply appropriate managerial principles and theories on the work front

Course Syllabus

Module: I

Types of Organizations: Government, Market, Civil Society; Basic forms of business ownership; Special forms of ownership: Franchising, Licensing, Leasing; Choosing a form of Business ownership; Corporate Expansion: mergers and acquisitions, diversification, forward and backward integration, joint ventures, strategic alliance.

Module: II

Evolution of Management Theory: Pre-scientific era, Scientific Management (Taylor), Administrative Management (Fayol), Bureaucratic Management (Weber), Human Relations (Follett & Mayo), Behavioral School (McGregor, Simon, Bernard).

Module:-III

Managerial functions (Gullick), Managerial skills (Kartz) and Managerial Roles (Mintzberg). Insights from Indian practices and ethos.

Module:-IV

Overview of Planning: Types of Plans & The planning process; Decision making: Process, Types and Techniques. Control: Function, Process and types of Control; Principles of organizing: Common organisational structures; Delegation & Decentralization: Factors affecting the extent of decentralization, Process and Principles of delegation.

Project:

Event planning (Annual Function, Freshers Day, Seminar, Study Tour, etc...)

Text Books:

Gilbert: Principles of Management, McGraw Hill.
Koontz & Heinz Weihrich: Essential of Management, McGraw Hill.
Richard L. Daft: Principles of Management, Cengage Learning India.
Stephen P. Robbins & Mary Coulter: Management, Pearson.
Stoner & Wankel: Management, Prentice Hall of India.

Session Plan

Session 1

Introduction to the course: Discussion on Session Plan, Credit Composition, Evaluation Pattern and References

Session 2

Types of Organizations:

Government, Market & Civil Society

https://www.youtube.com/watch?v=dUsZ22jEbaQ

https://www.youtube.com/watch?v=B3lrATOi75I

https://bulletin.ids.ac.uk/index.php/idsbo/article/view/2805/ONLINE%20ARTICLE

https://hdrc-sxnfes.org/wp-content/uploads/2020/05/State-Market-and-Civil-Society-in-the-era-of-globalisation_csd_published.pdf

Session 3

Basic forms of business ownership: Sole proprietorship, Partnership, Limited liability company, Corporation and Cooperative

https://www.businessmanagementideas.com/business/6-main-types-of-business-ownership-management/10005

https://www.slideshare.net/nonkululekoS/forms-of-ownership-32065666

https://www.youtube.com/watch?v=BN2cQNNvg_4

https://www.youtube.com/watch?v=nTd2kMBGnmQ

Session 4

Franchising and Licensing

https://www.youtube.com/watch?v=ZpnGCgcNLe0

https://www.toppr.com/guides/business-studies/international-business/contract-manufacturing-licensing-and-franchising/

https://www.slideshare.net/silvisaguilar/licensing-franchising-12089008

Session 5

Leasing

https://www.slideshare.net/hgupta011/leasing-16070302

https://www.youtube.com/watch?v=ariiGzzhzVM

Session 6

Corporate Expansion: mergers and acquisitions, diversification, forward and backward integration, joint ventures, strategic alliance

https://www.slideshare.net/CJOHARI/diversification-corporate-expansion

Session 7

Mergers and acquisitions

https://www.slideshare.net/ravirockaditya/mergers-and-acquisition-ppt

https://www.youtube.com/watch?v=nMWemSbiFBQ

https://www.youtube.com/watch?v=xhvd96Gr1Rk

https://www.youtube.com/watch?v=bQ0rCH_cveU

https://www.youtube.com/watch?v=wy6OWXn7vNQ

Session 8

Business Diversification

https://www.slideshare.net/FarmanTAziz/business-diversification

https://www.youtube.com/watch?v=50-d__Pn_Ac&t=249s

Session 9

Forward and backward integration, joint ventures

https://www.slideshare.net/muhammadumairumair98/integration-strategy-55860846

https://studiousguy.com/backward-and-forward-integration/

https://www.slideshare.net/bdbbhatt7/joint-venture-63664638

https://www.youtube.com/watch?v=zt56vYxkx0k

https://www.youtube.com/watch?v=2mLK7wewMcg

Session 10

Strategic alliance

https://www.slideshare.net/mohamedzmohamed2/strategic-alliance-40663452

https://www.youtube.com/watch?v=rACNp6VumDs

https://www.youtube.com/watch?v=rACNp6VumDs&t=10s

Session 11

Evolution of Management Theory: Pre-scientific era

https://www.youtube.com/watch?v=_L1xRvVH8Kc&feature=youtu.be

http://courseware.cutm.ac.in/wp-content/uploads/2020/06/Pre-Scientific-Era.pdf

Session 12

Management in Pre-Scientific Era: Chanakya, Gita

https://www.youtube.com/watch?v=o12oyUq9jcQ

http://www.chanakyaspeaks.in/

https://www.youtube.com/watch?v=O6WP2q-bkj8

https://www.youtube.com/watch?v=kfkrHOflxfQ

Session 13

Pre-Scientific Era: Sun Tzu, Machiavelli

https://www.youtube.com/watch?v=QnDZCJcmD0c

https://www.youtube.com/watch?v=tA__5gilnT8

https://www.youtube.com/watch?v=JGbiFvEtppM

Session 14

Scientific Management

http://courseware.cutm.ac.in/wp-content/uploads/2020/06/Genesis-of-Scientific-Study.pdf

http://courseware.cutm.ac.in/wp-content/uploads/2020/06/Scientific-Management-1.pdf

https://www.youtube.com/watch?v=e7lrTwZxHa4

https://www.youtube.com/watch?v=fK4tyKvrj04&t=63s

https://www.youtube.com/watch?v=qUgKkBhZl9c

https://www.youtube.com/watch?v=6n9ESFJTnHs

Session 15

Administrative Management

http://courseware.cutm.ac.in/wp-content/uploads/2020/06/Administrative-Management.pdf

https://www.youtube.com/watch?v=aMwm2zq1KrI

https://www.youtube.com/watch?v=IDpv0-r6HIQ

Session 16

Bureaucratic Management:

https://www.youtube.com/watch?v=zURR45v1XIc

https://www.youtube.com/watch?v=fss0ALdXqII

Session 17

Human Relations School- Follett & Mayo

http://courseware.cutm.ac.in/wp-content/uploads/2020/06/Human-Relation-School.pdf

https://www.youtube.com/watch?v=luieycqqHTY

https://www.youtube.com/watch?v=UDUmuQRf9Bs

https://www.youtube.com/watch?v=luieycqqHTY

Session 18

Human Relation School: Elton Mayo and Hawthorne Experiments

https://www.youtube.com/watch?v=F2k018hctZQ

https://www.youtube.com/watch?v=o4XX90lqT6E

https://www.youtube.com/watch?v=W7RHjwmVGhs

Session 19

Behavioural School: McGregor

http://courseware.cutm.ac.in/wp-content/uploads/2020/06/Behavioural-School-McGregor.pdf

https://www.youtube.com/watch?v=68eQYUXVcjA

https://www.youtube.com/watch?v=NF8HeV-UrEw