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foundation of business management - Syllabus | TABFlux

Foundation of Business Management

Foundation of Business Management provides the essential framework for understanding how organizations are structured, led, and operated to achieve specific objectives. It introduces the core principles of management that serve as the building blocks for all other specialized business functions.

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Foundation of Business Management

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Course Title: Foundation of Business Management

Course No: MGT 231

Nature of the Course: THEORY

Semester: 1

Full Marks: 60 + 40

Pass Marks: 30 + 20

Credit Hours: 3

Course Description

Course Objectives

Course Contents

1. Introduction

6 hrs

1.1. Concept of management and business management

1.2. The management process

1.3. Type of managers (general, functional and line managers)

1.4. Basic managerial roles and skills

1.5. Changing job of managers

1.6. Management challenges

1.7. Acquaintance to task and general environment of business and analysis of task environment using Porter model

1.8. Activities: Preparation of company profile focusing task environment and case analysis

2. Philosophical Aspects of Management

6 hrs

2.1. The classical philosophy

Scientific management

Administrative management and bureaucratic management

2.2. Behavioural management philosophy

Human relation movement

Hawthorne studies

2.3. System and contingency philosophy

2.4. Emerging issues and challenges in Nepalese business

2.5. Activities: Surfing and finding out the techniques of using these theories in practice and presenting in class

3. Business Ethics and Social Responsibility

4 hrs

3.1. Ethical issues in management

3.2. The roots of unethical behaviour

3.3. Philosophical approaches to ethics

3.4. Social responsibility of business and arguments for social responsibility

3.5. Friedman doctrine

3.6. Activities: Oral presentation on social and ethical issues in Nepalese business and society and case analysis

4. Planning and Decision Making

7 hrs

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

4.2. Decision Making

Concept of decision making

Process of rational decision making

Type of problems and decision making

Decision making conditions and styles

4.3. Activities: Simulation and case analysis

5. Organizational Architecture

7 hrs

5.1. Meaning and concept of organizational structure and architecture

5.2. Elements of organizational architecture

5.3. Designing structure

Vertical differentiation (Tall Vs. Flat)

Horizontal differentiation (Functional, multidivisional, geographical and matrix)

5.4. Integrating mechanisms

Formal knowledge network and strategy, coordination and integrating mechanisms

5.5. Definition and source of authority, responsibility and accountability

5.6. Creating accountability in business organizations

5.7. Emerging issues in organization design and architecture

5.8. Nepalese practices in organizational structure

5.9. Activities: Project work and case analysis

6. Organizational Culture

4 hrs

6.1. Meaning and concept of organizational culture

6.2. Importance of organizational culture

6.3. Change and strengthening organizational culture

6.4. Managing organizational culture during merger

6.5. Organizational culture in Nepalese organization

6.6. Activities: Term paper on culture after merger and case analysis

7. Group and Team

4 hrs

7.1. Meaning of team and group

7.2. Difference between team and group

7.3. Importance of team in organization

7.4. Creating effective team

7.5. Types of group and team

7.6. Managing team conflict

7.7. Position of team work in Nepalese organization

7.8. Activities: Simulation and case analysis

8. Communication and Control

5 hrs

8.1. Meaning of business communication

8.2. Communication process

8.3. Parties involved in communication

8.4. Communication barriers and their improvement

8.5. Meaning, process and types of control

8.6. Essentials of effective control system

8.7. Control tools and techniques

8.8. Activities: Simulation, oral presentation and case analysis

9. Business Management Trends and Scenario in Nepal

5 hrs

9.1. Growth of business sector in Nepal

9.2. Major industries in Nepal

Manufacturing

Export-oriented

Import-substitution

Service sector

9.3. Existing management and business practices in Nepalese business

9.4. Major problems of Nepalese business

9.5. Activities: Live project and presentation

Text Books

1.Charles W. L. Hill & Steven L. McShane (2008). Principles of Management. Irwin: McGraw-Hill.
2.Stephen P. Robins & David A. Decenzo (2008). Fundamentals of Management. Delhi: Pearson Education Inc.
3.Ricky W. Griffin (2012). Management Principles and Applications. New Delhi: CENGAGE Learning.
4.Chalise, M. & Gautam, P. K. (2021). Principles of Management. Kathmandu: KEC Publication and Distributors (P.) Ltd.

Notes:

Source:

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.

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.

This syllabus follows the official BIM curriculum of Tribhuvan University. In case of any doubt or revision, the university's published syllabus shall be considered authoritative.https://www.fomecd.edu.np/syllabuses/BIM%20Syllabus%202021%20Admission%20Onwards.pdf