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This book has been designed and written to give the students of management an in-depth insight into the subject of business management. This book will be helpful to the students of MBA, PGDM, PGPM, MCA, BBA & other professional courses. The Present Publication is the latest edition, authored by Dr. Neeru Vasishth & Dr. Vibhuti Vasishth, with the following noteworthy features: • [Simple, Systematic & Comprehensive Explanation] The subject matter is presented in a simple, systematic method along with a comprehensive explanation of the concept and theories underlying management • [Student-Oriented Book] This book has been developed keeping in mind the following factors: o Interaction of the author/teacher with their students in the classroom o Shaped by the author/teacher's experience of teaching the subject matter at different levels for more than three decades o Reactions and responses of students have also been incorporated at different places in the book • [Tabular Format] Tables have been used for comparative study and understanding of the concepts • [Quotations] have been given at the start of every chapter to promote conceptual thought of the subject matter • Each paragraph is distinctly numbered and starts with the relevant background of the subject • [Questions for Conceptual Understanding] have been given in this book • [Case Studies] are meant to give practical insights into the application of management concepts Contents of this book are as follows: • Management Concepts and Nature • Evolution of Management Thought • Contemporary Management Theories • Fundamentals of Planning • Goals and Plans • Management by Objectives (MBO) • Strategic Planning • Business Environment (Analysis and Diagnosis) • Decision Making • Organising Function • Formal and Informal Organisations • Group Dynamics • Types of Organisation Structure • Authority Responsibility Relationships • Line and Staff Relationships • Departmentation • Delegation and Decentralisation • Co-ordination • Conflict Management • Staffing Function • Recruitment and Selection • Training and Development • Compensation • Performance Appraisal • Direction and Supervision • Motivation • Leadership • Communication • Interpersonal Behaviour • Control Concepts and Process • Techniques of Control • Organisational Change • Corporate Culture • Organisation Development • Corporate Social Responsibility • Corporate Governance • Knowledge Management • Learning Organisation • Individual Behaviour • Personality • Perception • Work Teams and Group Decision Making
A Comprehensive and Authentic Text Book on Principles of Management for B.Com./BBA/MBA Students * An authentic, simple & crisp presentation of subject matter. * Management concepts have been explained in a lucid, pragmatic and student-friendly language. * Extensive use of tables has been made to have a better understanding of the subject. * The syllabi of major Universities/Institutes for B.Com./BBA/MBA are covered * Each paragraph is distinctly numbered and starts with the relevant background of the subject. * Previous years' questions set by different Universities, etc., have been incorporated at the end of each chapter. * Answers to questions have been indicated by reference to para numbers.
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.
Widely acknowledged, this popular and detailed text is a comprehensive treatise on Managerial Economics – both micro and macro-economic aspects. This text ensures a thorough understanding of core concepts before advancing to provide an expanded treatment of topics. It explains the economic environment and the impact on managerial decisions regarding price & output determination in different market structures followed by an account of the behaviour of individuals under conditions of uncertainty.
Principles of Management: Text and Cases introduces students to the fundamentals of management through a balanced blend of theory and practice. The opening vignettes and cases depict real-world situations and problems that managers face while highlighting the management practices of successful Indian and foreign companies. Samples of a leave policy, a strategy and action plan for human resource management, an application blank, and a code of ethics are appended to a few chapters to further illustrate the way organizations function. In addition to the concepts, the book also delves into the various academic perspectives that have evolved over time to provide the readers an integrated view of different approaches to management.
The book in its tenth edition has been thoroughly restructured and revised. All the chapters of the present edition have been re-written not only to incorporate the latest developments in management but also to make presentation of subject-matter more lucid and crisp. Chapter 3 of the previous edition (Managers and Environment) has been named as Management Challenges and Opportunities in the present edition so that proper focus is put on these issues. Thus, the present edition is ideally suited to management students as well as management practitioners, particularly those who have not gone through formal management education.
Using contemporary, real-world examples and the latest pedagogical tools, Principles of Management showcases how management concepts and practices can be utilized to achieve personal and business excellence. Organized around the four main traditional functions of management—planning, organizing, controlling and leading— this book includes current thinking and practice on the most important issues facing management, managers and employees with a special focus on examples from India.
The book contains diverse topics such as stock valuation, risk management, gender diversity, work place spirituality, consumer behaviour, etc.