Foundation of Business Management

Tribhuvan University

BIM (Bachelor of Information Management)

Foundation of Business Management

Course Title: Foundation of Business Management

Course no: MGT 231

Nature of course: Theory

Full Marks: 100

Pass Marks: 45

Credit Hours: 48

Course Description : This course covers introduction of the management that covers the concept, functions and roles of a manager and business environment and their analysis for the purpose of business use. It also incorporates major principles of management that covers classical and recent management principles. Similarly it covers some fundamental concepts and philosophies of business ethics and social responsibility. The fundamental functions of a manager has also been incorporated in the course with the Nepalese management practices

Course Objective : The course aims to impart the knowledge of fundamental management principles and integration of those principles with the real time business situation and managerial activities that they have to perform in future so as to enhance their managerial capability and enable them to apply in the practical field. The course will remain important in the development of the soft skills of the students.

Course Contents:

Unit 1. Introduction 6 Hrs.

Concept of management and business management, the management process, type of managers (general, functional and line managers), basic managerial roles and skills, changing job of managers, management challenges, acquaintance to task and general environment of business and analysis of task environment using Porter model

Unit 2. Philosophical Aspects of Management 6 Hrs.

The classical philosophy (scientific management, administrative management and bureaucratic management), behavioral management philosophy (human relation movement and Hawthorne studies), system and contingency philosophy and emerging issues and challenges in Nepalese business

Unit 3. Business Ethics and Social Responsibility 4 Hrs.

Ethical issues in management, the roots of unethical behaviour, philosophical approaches to ethics, social responsibility of business and arguments for social responsibility and Friedman doctrine.

Unit 4. Planning and Decision Making 7 Hrs.

Planning: Meaning and levels of planning, planning horizons, planning process, meaning and use of single use, standing, contingency and derivative planning, pitfalls and their improvement in planning. Decision Making: Concept of decision making, process of rational decision making, type of problems and decision making, decision making conditions and styles.

Unit 5. Organizational Architecture 7 Hrs.

Meaning and concept of organizational structure and architecture, elements of organizational architecture, designing structure: vertical differentiation (Tall Vs. Flat), horizontal differentiation (Functional, multidivisional, geographical and matrix), and integrating mechanisms (formal knowledge network and strategy, coordination and integrating mechanisms), definition and source of authority, responsibility and accountability and creating accountability in business organizations, emerging issues in organization design and architecture, Nepalese practices in organizational structure.

Laboratory Works:

The students tend to develop and deliver a presentation of 15 minutes on contemporary issues that are worthy enough. Home assignment in preparation of term paper can be provided.

Text Books:

Charles W. L. Hill & Steven L. McShane (2008). Principles of Management. Irwin: McGraw-Hill.

Reference Books:

Stephen P. Robins & David A. Decenzo (2008). Fundamentals of Management. Delhi: Pearson
Education Inc.