Courses Principles and Practices of Management

Principles and Practices of Management

Principles and Practices of Management for B.Com students provides a comprehensive understanding of fundamental managerial concepts and their practical application in various organizational settings, emphasizing decision-making, leadership, and organizational behavior. This course equips students with essential skills and knowledge necessary for effective management roles, fostering strategic thinking and problem-solving abilities crucial for success in the business world.

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Principles and Practices of Management

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In our Bachelor of Commerce (B.Com) Degree Program, you will embark on a comprehensive educational journey that delves into the fundamental principles and practices of commerce. This degree is meticulously designed to equip you with a broad understanding of various aspects of business, finance, and economics, preparing you for a successful career in the dynamic world of commerce.

What You'll Acquire:

  • Core Commerce Knowledge: Develop a profound understanding of essential commerce concepts, business regulations, and industry standards.
  • Financial Expertise: Master foundational and advanced principles of finance, including risk management, investment strategies, and financial analysis.
  • Operational Proficiency: Learn the intricacies of business operations, including customer service, inventory management, and electronic commerce.
  • Strategic Thinking: Develop strategic thinking and decision-making skills to navigate the complex and evolving business landscape.
  • Comprehensive Curriculum: Access a well-structured curriculum and study materials that thoroughly prepare you for a successful career in commerce.
  • Degree Certification: Upon successful completion of the program, you will receive a recognized Bachelor of Commerce degree, validating your expertise in the field.

Who Can Learn

This degree program is ideal for individuals who aspire to excel in the field of commerce, whether you're a recent graduate looking to kick-start your career or a seasoned professional seeking to enhance your knowledge and skills. Our curriculum covers essential aspects of commerce, ensuring you gain a holistic perspective and a competitive edge in the job market.

Comprehensive Curriculum Featuring:

  • Introduction to Management: This unit provides a comprehensive introduction to the fundamental principles and practices of management, serving as the bedrock for further exploration in the field.
  • Evolution of Management Thought: This unit traces the historical evolution of management theories, from classical to contemporary perspectives, highlighting their impact on modern management practices.
  • Planning: This unit explores the strategic process of setting organizational goals, formulating plans, and establishing frameworks for decision-making and resource allocation.
  • Forecasting and Premising: This unit investigates methodologies and techniques for predicting future trends and events, enabling organizations to anticipate changes and make informed decisions.
  • Decision-making: This unit focuses on the systematic process of making choices among alternative courses of action, considering factors such as risks, uncertainties, and ethical implications.
  • Management by Objectives and Styles of Management: This unit discusses the concept of management by objectives (MBO), emphasizing goal-setting and various management styles, and their application in different organizational contexts.
  • Organizing: This unit examines the structural arrangement of resources, tasks, and responsibilities within an organization to facilitate efficiency, coordination, and goal attainment.
  • Span of Management: This unit analyzes the optimal number of subordinates a manager can effectively supervise, considering factors such as communication, control, and span of control.
  • Delegation, Authority, and Power: This unit explores the delegation of authority, distribution of power, and sources of influence within organizational hierarchies, emphasizing effective decision-making and accountability.
  • Staffing and Coordination: This unit addresses the processes of recruiting, selecting, training, and managing personnel, as well as fostering coordination and collaboration among different units and individuals.
  • Performance Appraisal and Career Strategy: This unit discusses methods for evaluating employee performance, providing feedback, and designing career development strategies to maximize individual and organizational effectiveness.
  • Organizational Change: This unit explores theories and practices related to managing and implementing change within organizations, emphasizing adaptability, innovation, and resilience in dynamic environments.
  • Motivation and Leadership: This unit examines theories of motivation, leadership styles, and techniques for inspiring and influencing individuals and teams to achieve organizational goals and objectives.
  • Communication: This unit focuses on the importance of effective communication channels and strategies for transmitting information, ideas, and feedback within organizations to enhance understanding and collaboration.
  • Team and Teamwork: This unit discusses the dynamics of teamwork, including team formation, development, roles, and processes, as well as strategies for resolving conflicts and leveraging diversity to foster creativity and productivity.
  • Controlling: This unit covers the process of monitoring, evaluating, and regulating organizational activities to ensure alignment with objectives, standards, and performance expectations, facilitating continuous improvement and organizational effectiveness.

Exclusive Resources and Materials:

  • Interactive Lectures: Engage in dynamic video lectures that facilitate a deeper understanding of commerce.
  • Subject-Specific Assignments: Hone your analytical and critical thinking skills with assignments tailored to the B.Com program.
  • Multiple Choice Questions (MCQs): Test your knowledge through a series of MCQs designed to reinforce your understanding of commerce.
  • Short Q&A Sessions: Participate in brief Q&A sessions to clarify doubts and foster learning.
  • Comprehensive Study Material: Gain access to an extensive collection of study materials supporting your learning journey at every step.

Your Gateway to Commerce Excellence:

This degree program serves as your gateway to a successful career in commerce. Our goal is to empower you with the skills and knowledge necessary to thrive in this dynamic sector.

Join Us in This Commerce Journey:

Thank you for considering this degree program as a valuable step towards your career aspirations in commerce. We look forward to embarking on this educational journey with you and helping you become a commerce expert.

See you in the program!

Course Content

Unit- 1 Introduction to Management

Unit- 2 Evolution of Management Thought

Unit- 3 Planning

Unit- 4 Forecasting and Premising

Unit- 5 Decision-making

Unit- 6 Management by Objectives and Styles of Management

Unit- 7 Organizing

Unit- 8 Span of Management

Unit- 9 Delegation, Authority, and Power

Unit- 10 Staffing and Coordination

Unit- 11 Performance Appraisal and Career Strategy

Unit- 12 Organizational Change

Unit- 13 Motivation and Leadership

Unit- 14 Communication

Unit- 15 Team and Teamwork

Unit- 16 Controlling

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