MG2351 PRINCIPLES OF MANAGEMENT Lecture Notes for EEE - Seventh (7th) semester
MG2351 Lecture Notes
UNIT I OVERVIEW OF MANAGEMENT
Organization - Management - Role of managers - Evolution of Management thought - Organization
and the environmental factors - Managing globally - Strategies for International Business.
UNIT II PLANNING
Nature and purpose of planning - Planning process - Types of plans – Objectives - Managing by
objective (MBO) Strategies - Types of strategies - Policies - Decision Making - Types of decision -
Decision Making Process - Rational Decision Making Process - Decision Making under different
UNIT III ORGANIZING
Nature and purpose of organizing - Organization structure - Formal and informal groups I
organization - Line and Staff authority - Departmentation - Span of control - Centralization and
Decentralization - Delegation of authority - Staffing - Selection and Recruitment - Orientation -
Career Development - Career stages – Training - Performance Appraisal.
UNIT IV DIRECTING
Creativity and Innovation - Motivation and Satisfaction - Motivation Theories Leadership - Leadership
theories - Communication - Hurdles to effective communication - Organization Culture - Elements
and types of culture - Managing cultural diversity.
UNIT V CONTROLLING
Process of controlling - Types of control - Budgetary and non-budgetary control techniques -
Managing Productivity - Cost Control - Purchase Control - Maintenance Control - Quality Control -
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