Allama Iqbal Open University Islamabad (Department of Business Administration)

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Final: 11-10--2019

ALLAMA IQBAL OPEN UNIVERSITY ISLAMABAD


(Department of Business Administration)

MANAGEMENT THEORY & PRACTICE (5003)

CHECKLIST

SEMESTER: AUTUMN, 2019

This packet comprises the following material:

1) Textbook
2) Assignments # 1 & 2
3) Course outline
4) Assignment 6 forms (2 sets)
5) Assignment submission schedule

In this packet, if you find anything missing out of the above-mentioned material,
please contact The Mailing Officer on the address as given below.

The Mailing Officer


Mailing Section, Block # 28
Allama Iqbal Open University
Sector H-8, Islamabad.
Tel: (051) 9057611, 9057612

S. A. Rahat
Course Coordinator
ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD
(Department of Business Administration)

WARNING
1. PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING THE
ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD OF
DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
2. SUBMITTING ASSIGNMENT(S) BORROWED OR STOLEN FROM
OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN “AIOU
PLAGIARISM POLICY”.

Course: Management Theory & Practice (5003) Semester: Autumn, 2019


Level: Masters in Administrative Sciences Total Marks: 100
Pass Marks: 50

ASSIGNMENT No. 1
(Units: 1–5)

Note: Attempt all questions.

Q. 1 How do you explain the concept of management? Discuss in detail. What are
the different types of managers? Explain with the help of examples. (20)

Q. 2 What are the fundamentals of Decision Making Process? Differentiate between


programmed and un-programmed decision. Illustrate your answer with
examples. (20)

Q. 3 What do you know about planning? Discuss its approaches? What tools are
used for planning by the managers?. (20)

Q. 4 Describe the concept of authority and delegation of Authority in detail. In


practice, what are the obstacles faced by the top management in delegation of
authority? (20)

Q. 5 Define leadership. Discuss various approaches to leadership in detail. (20)

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MANAGEMENT THEORY AND PRACTICE
Course Outlines (5003)

Unit 1 Introduction
1.1 Concept of Management
1.1.1 Importance of Management
1.1.2 The Management Process
1.1.3 Types of Managers
1.1.4 The Challenges of Management
1.2 Evolution of Management Theory
1.2.1 Scientific Management School
1.2.2 Relations Theory
1.2.3 Quantitative Approach
1.2.4 Systems Approach
1.2.5 Modified Process Management
1.2.6 Contingency Approach

Unit 2 Decision Making


2.1 Time and Human Relationships in Decision Making
2.1.1 Problem Finding Process
2.1.2 Opportunity Finding
2.1.3 Fundamentals of Decision
2.2 The Nature of Managerial Decision Making
2.2.1 Programmed and Un-Programmed Decisions
2.2.2 Certainty, Risk and Uncertainty
2.2.3 Decision Making Tools
2.2.3.1 Probability Theory
2.2.3.2 Decision Trees
2.3 Rational Model of Decision Making

Unit 3 Planning
3.1 Organizational Objectives
3.1.1 Importance of Organizational Objectives
3.1.2 Types of Objectives
3.1.3 Management by Objectives
3.2 Planning
3.2.1 Characteristics and Purposes of Planning
3.2.2 Advantages and Limitations of Planning
3.2.3 Types of Planning
3.2.4 Steps in Planning Process
3.2.5 Approaches to Planning
3.3 Plans and Planning Tools
3.3.1 Dimensions and Types of Plans

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3.3.2 Planning Tools
3.3.3 Forecasting
3.3.4 Scheduling
3.4 Implementing the Plans
3.5 Planning and Strategic Management

Unit 4 Organizing
4.1 Fundamentals of Organizing
4.1.1 Organizing Process
4.1.2 The Importance of Organizing
4.1.3 The Downsizing
4.1.4 Types of Organizational Structures
4.2 Organizing the activity of Individuals
4.2.1 Responsibility
4.2.2 Authority
4.2.2.1 Types of Authority
4.2.2.2 Accountability
4.2.3 Delegation
4.2.3.1 Steps in the delegation Process
4.2.3.2 Obstacles to the Delegation Process
4.2.3.3 Centralization and Decentralization
4.3 Organizational Change and Development

Unit 5 Leading and Managing Groups


5.1 Defining Leadership
5.2 The Trait Approach to Leadership
5.3 The Behavioral Approach to Leadership
5.3.1 Leadership Functions
5.3.2 Leadership Styles
5.3.3 The Managerial Grid
5.4 Contingency Approach to Leadership
5.5 Leadership Situations and Decisions
5.6 Personal Characteristics of Employees
5.6.1 Environmental Pressures and Workplace Demands
5.6.2 Deciding when to Involve Subordinates
5.7 Future of Leadership Theory
5.8 Types of Teams
5.9 Characteristics of Teams
5.10 Making Teams Effective
5.10.1 Guidelines for Committees
5.10.2 Focusing Teams on Performance
5.10.3 Conflict within Teams

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Unit 6 Motivating
6.1 Concept and importance of Motivation
6.1.1 Motivation Process
6.1.2 Basic assumptions about Motivation and Motivating
6.1.3 The Importance of Motivation
6.2 Theories of Motivation
6.3 Contemporary views of Motivation
6.3.1 Need Theory
6.3.2 Equity Theory
6.3.3 Expectancy Theory
6.3.4 Reinforcement Theory
6.3.5 Goal-setting Theory
6.4 Strategies for Motivating

Unit 7 Communicating and Negotiation


7.1 The Importance of Effective Communication
7.2 Interpersonal Communication
7.3 Improving Communication Processes
7.4 Communication in Organizations
7.4.1 Factors Influencing Organizational Communication
7.4.2 Types of Organizational Communication
7.4.3 Lateral and Informal Communication
7.5 Using Communication Skills: Negotiating to Manage Conflicts
7.6 Stability of Negotiations Outcomes
7.7 Relations between Labour and Management

Unit 8 Controlling
8.1 Fundamentals of Controlling
8.1.1 Defining Control
8.1.2 Types of Control
8.2 Power and Control
8.3 Control Tools
8.3.1 Management by Exception
8.3.2 Break-Even Analysis
8.3.3 Ratio Analysis
8.3.4 Budgets
8.3.5 Human Asset Accounting
8.4 Use of Control Tools
8.5 Operations Management
8.5.1 Designing Operations Systems
8.5.2 Operational Planning and Control Decisions
8.6 Information Systems
8.6.1 Management Information Systems
8.6.2 End user computing
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Unit 9 Management: Futuristic View
9.1 Essential Skills for Future Managers
9.1.1 Systems Skill in the Future
9.1.2 Functional Skill in the Future
9.1.3 Situational Analysis Skill in the Future
9.2 Training Managers for the Future
9.3 Globalization and Competitiveness
9.4 The Changing International Scene
9.5 The Role of Multinational Enterprises
9.6 Global Business Practice
9.6.1 How Companies go International?
9.6.2 Globalization across Different Cultures
9.6.3 Managers and Prejudice
9.6.4 Women in the International Workforce
9.7 Inventing and Reinventing Organizations
9.7.1 Meaning and Importance of Entrepreneurship
9.7.2 Small Business
9.7.3 Reinventing Organizations

Recommended Books:
 Management (latest edition), by Stephen P. Robbins & Mary Coulter (latest edition)

 Management by Griffin, R. W. (latest edition), Houghton Mifflin & Company,


New York.

 Management by Hitt, M. A. Black; J. S. & Porter; International edition, Pearson


Prentice Hall.



AIOU–AS-703(19)/PPU–11-10-2019–250.

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