ICFAI Foundation for Higher Education, Hyderabad

Faculty of Science and Technology (IcfaiTech)

Second Semester, 2021-22
Course Handout

Course No Course Title L P U

MGTS 224 Principles of Management 3 0 3

Instructor-in-charge: Mr. Avinash Malladi

Learning Outcomes:
After successful completion of the course, the student will be able to
1. Discuss and communicate the management evolution and how it will affect future managers.
2. Observe and evaluate the influence of historical forces on the current practice of management.
3. Identify and evaluate social responsibility and ethical issues involved in business situations and logically
articulate your position on such issues.
4. Explain how organizations adapt to an uncertain environment and identify techniques managers use to
influence and control the internal environment.
5. Practice the process of management's five functions: planning, organizing, staffing, leading, and
controlling.
6. Identify and properly use vocabularies within the field of management to articulate one's position on a
specific management issue and communicate effectively with varied audiences.
7. Evaluate leadership styles to anticipate the consequences of each leadership style.
8. Gather and analyze both qualitative and quantitative information to isolate issues and formulate the best
control methods.

Koontz H. and Weihrich H., "Essentials of Management", Mcgraw Hill

Text Book T
Int. ed., 9th edition, 2012
Chuck Williams, Manas Ranjan Tripathy, (2013), MGMT, Principles of
Reference book(s) R1
Management, A South Asian Perspective, Cengage Learning, 5E.
Robbins, S.P., De Cenzo, D. A., Bhattacharyya, S., Agarwal, M.N. (2009).
Reference book(s) R2 Fundamentals of Management: Essential Concepts and Applications, Pearson
Education Inc., 6th edition Gary
Dessler, “Management: Leading People and Organizations in the 21st
Reference book(s) R3
Century”, Prentice-Hall, 1st edition,1998.
Reference book(s) R4 Bhatt & Kumar, Principles of Management, Oxford University Press India, 2008
NPTEL https://nptel.ac.in/courses/122108038/
Lecture-wise plan:
Lecture Reference to
Learning objectives Topics to be covered
No. Textbook
▪ To define management & basics of management
▪ To identify and discuss skills, roles, goals, and functions Management: Science,
1-4 Ch.1
of a manager Theory & Practice
▪ To introduce the concept of productivity
▪ To study the nature of pluralistic society. Management & Society:
▪ To identify the various stakeholders and discuss the Social Responsibility
Ch.2,3 (36-55)
5 social responsibility of managers. and Ethics
▪ To study the nature & importance of ethics in managing
 ▪ Overview of planning, types of plans, steps in planning Nature & Purpose of
6 Ch.3 (45-58)
the commitment principle Planning
▪ To study the different types of objectives, how to set a
Objectives (exclude
verifiable objective
7-8 “Setting Objectives in Ch.4 (84-105)
▪ To study the concept of MBO as a tool for setting
Government)
objectives
▪ To have a broad idea of different types of strategies.
Strategies, Policies &
9-10 ▪ To know the tools available for strategic planning Ch.5 (106-126)
Planning Premises
▪ To study Porter’s generic strategy
▪ To understand what is decision making, steps,
rationality, nature, and environment of decision making
▪ To study the approaches to decision making under Ch.6, (127 –
11-13 Decision- Making
uncertainty 145)
▪ To study the role of information systems in decision
making
▪ To know the purpose of organizational structure
Nature & Purpose of
14-15 ▪ To study the formal, informal organization, organization Ch.7 (146-162)
Organizing
levels, due to the limitations of the span of management
▪ To understand the basic patterns for departmentation,
16-17 Basic Departmentation Ch.8 (163-178)
their advantages, and disadvantages
▪ To understand Line and Staff terminology
Line/ Staff Authority &
18-19 ▪ To study the concept of centralization and Ch.9 (179-192)
Decentralization
decentralization
▪ To study how to manage change and conflicts in an Organizational Change Ch.13 (261 –
20
organization & Development 283)
21-22 ▪ To study the managerial function of staffing and what it Functions of Personnel
means to a manager Management &
Ch.11 (210-239)
Fundamentals of
Staffing
▪ To study the basic human factors affecting managing
Managing & the Human
23-24 ▪ A brief outline of various models of the nature of people
Factor
and their implications for managing Ch.14 (284-308)
▪ Introduction to motivation: terminologies, theories, and
25-26 Motivation
special motivational techniques
▪ To know the nature and ingredients of a leader
Ch.15,16 (309-
27-28 ▪ To expose the students with various theories of Leadership
349)
leadership
▪ To know the nature and role of communication in an
29-30 organization Communication Ch.17 (350-375)
▪ To study the process and barriers to communication
▪ To identify and discuss the various steps in the basic
control process
System & Process of
31-32 ▪ To study the importance and types of critical control Ch.18 (376-388)
Controlling
point standards
▪ To study the different types of control systems
▪ To study the nature and types of budgets Ch.19 (399-
33-35 Control Techniques
▪ To study the concept of Break-Even Analysis 421), class notes
▪ To study how to manage business in international International
36-37 Class Notes
environment Management
38 ▪ To define marketing and its basic elements Marketing Management Class Notes
▪ To outlay the functions of production and operation Production &
39 management Operations Class Notes
Management
 ▪ To study the basics of finance: terminologies, financial
40 Financial Management Class Notes
statements, etc.,
▪ To study the role and function of information technology
41 Information Technology Class Notes
in carrying out business.

Chamber Consultation Hour (Offline):

S. No Faculty Name Day Timings

1 Mr. Avinash Malladi Monday 4:00 PM to 4:50 PM

Evaluation Scheme:
Student evaluation is based on the series of tests and quizzes conducted during the semester followed by a
comprehensive examination.

Weightage Syllabus for the

(%) Test test Nature of
Evaluation Component Duration
Date (No. of Lecture Component
hours)
Test -I 45 min 10 1-10 Closed Book
Test -II 45 min 10 11-20 Closed Book
Test -III 45 min 10 21-31 Closed Book
Case Study Varies 10 Will be announced Open book
Assignments, Seminar / 10 during the course Open book
Presentation tenure
Industry Interface / Report 10 Open Book
Writing
Comprehensive Exam 3 hours 40 1-41 Closed Book
Total 100

Note: All Evaluations will be online until further notice. Evaluation pattern/mode may vary subject
to prior information due to Covid-19.

Make-up Policy: Refer to Student Handbook section 6.5 for the Makeup Policy. The prior and
proper information to the concerned instructor is a must and the student should maintain a minimum
attendance.
General: All students are advised to attend classes regularly and strictly maintain an attendance of
75% at least. Students failing to maintain the required percentage of theory/practical attendance will
not be permitted to appear for the tests and examinations.

It is expected that students refrain from using cell phones during lectures and in the labs. The cell phone
must be kept switched off and used only during recess or outside class hours.

Mr. Avinash Malladi

Instructor-In-charge