This document provides an overview of a Business Organization and Management course. The course aims to provide students with an understanding of organizational principles and practices. It covers topics such as forms of business organizations, the functional areas of management including planning, organizing, staffing, directing, and controlling. Later modules discuss change management, knowledge management, and corporate governance. Students will be evaluated based on attendance, projects, home assignments, class tests, and an end of semester exam. Recommended textbooks are listed.
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Business Organization and Management
This document provides an overview of a Business Organization and Management course. The course aims to provide students with an understanding of organizational principles and practices. It covers topics such as forms of business organizations, the functional areas of management including planning, organizing, staffing, directing, and controlling. Later modules discuss change management, knowledge management, and corporate governance. Students will be evaluated based on attendance, projects, home assignments, class tests, and an end of semester exam. Recommended textbooks are listed.
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BUSINESS ORGANIZATION AND MANAGEMENT
Course Code: COM 2101 Credit Units: 03
Course Objective: This course aims to provide students with an understanding of the principles and practices of organisation and management. This course enables students to understand the fundamental management theories and their evolution, identify the elements of the organizational environments, manage resources and develop the ability to make sound decision within an organization.
Course Contents:
Module I Introduction to business, Business firms - Forms of organisation - sole proprietors, Partnership, Joint-Hindu family, Joint stock Company, Co-operative organisations - Public Enterprises, BPO, E-commerce and M-commerce.
Module II: Management Introduction - Meaning, nature and characteristics of Management - Scope and functional areas of management - Social responsibility of management and Ethics.
Module III: Planning Nature importance and purpose of planning - Planning process, Objectives - Types of plans (Meaning only) - Decision-making importance & steps.
Module IV: Organising & Staffing Nature and purpose of organisation, Principles of organisation - Types of organization - Departmentation, Committees - Centralisation Vs decentralisation of authority and responsibility - Span of Control - MBO and MBE( Meaning only) - Nature and importance of staffing - Process of selection & recruitment(in brief) retaining (training and compensation).
Module V: Directing Meaning and nature of directing - Leadership styles - Motivation theories (Maslow's, Herzberg, Mcgregors X & Y theory), Ouchi's Theory- Communication meaning and importance, barriers to communication, types of communication - Coordination meaning and importance.
Module VI: Controlling Meaning and steps in controlling - Essentials of a sound control system - Methods of establishing control(in brief) Balance score card, Economic value added, Market value added.