Fundamental of Management Notes for BBA, B.COM and MBA Students

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Whether You are in B.COM, BBA 1st Sem or MBA, we got you covered. Our Fundamentals of Management Notes are designed according to all popular business management colleges and universities.

From our notes, you will get a complete understanding of all management concepts, its evolution and functions- planning, organizing, staffing and controlling.

Before getting the fundamentals of management lecture notes, firstly let's know the topics you will get.

Topics Covered in Fundamentals of Management Notes

Unit-I : Nature, Scope and Significance of Management; Process of Management;
Management as an Art, Science and Profession; Management and Administration; Role of Managers; Principles of Management; Levels of Management.

Unit-II : Evolution of Management Thought : Classical, Neoclassical and Contingency;
Contemporary Management Thinkers : Peter F. Drucker, Michael Porter and C. K. Prahlad.

Unit-III : Planning : Meaning and Importance of Planning; Planning Process; Making Planning Effective; Types of Plans; Decision Making : Concept, Nature, Types of Decision, Process and Techniques, Creativity in Decision Making, Management by Objectives.

Unit-IV : Organizing – Nature, Importance, Process and Principles of Organizing Departmentation, Decentralization, Centralization, Delegation, Authority and
Responsibility Relationship - Line, Staff and Functional; Formal vs. Informal Organizations. Directing: Concept, Nature and Importance

Unit-V : Motivation: Concept and Significance, Theory X and Theory Y, Maslow’s Theory of Motivation. Leadership: Meaning, Importance and Characteristics of a Good Leader, Control: Nature, Process and Significance, Control Methods: Pre-action Control, Steering Control and Post-action Control, Control Techniques.