9-Management Flashcards
MANAGEMENT
The candidate should make a study of the concept ofdevelopment of Manaxement as science and art drawinxupon the contributions of leadinx thinkers of mmuzxementand apply the concepts to the real life of xovermnent andbusiness decision-makinx keepinx in view the clzanxes intlze stratexic and operative environment.MANAGEMENT1
- Managerial Function and Process :
Concept and foundations of management, Evolution ofManagement Thoughts; Managerial Functions-Planning,Organizing, Contro11ing; Decision-making; Ro]e of Manager,Managerial ski11s; Entrepreneurship; Management ofinnovation; Managing in a g1oba1 environment, F1exib1eSystems Management; Socia] responsibi1ity and managerialethics; Process and customer orientation; Managerialprocesses on direct and indirect value chain.MANAGEMENT 2
- Organisational Behaviour and Design:
Conceptual model of organization behaviour; Theindividual processes-personality, values and attitude,perception, motivation, learning and reinforcement, workstress and stress management; The dynamics of Organizationbehaviour-power and politics, conflict and negotiation,leadership process and styles, communication; TheOrganizational Processes-decision-making, job design;Classical, Neoclassical and Contingency approaches toorganizational design; Organizational theory and design-Organizational culture, managing cultural diversity, learningOrganization; Organizational change and development;Knowledge Based Enterprise-systems and processes;Networked and virtual organizations.MANAGEMENT 3
- Human Resource Management:
HR challenges; HRM functions; The future challengesof HRM; Strategic Management of human resources; Humanresource planning; Job analysis; 1 ob evaluation, Recmitmentand selection; Training and development; Promotion andtransfer; Performance management; Compensationmanagement and bnenefits; Employee morale andproductivity; Management of Organizational climate andlndustrial relations; Human resources accounting and audit;Human resource information system; lnternational humanresource management.MANAGEMENT 4
- Accounting for Managers :
Financial accounting-concept, importance and scope,genera11y accepted accounting principles, preparation offin ancial statements with special reference to analysis of abalance sheet and measurment of business income, inventoryvalu ation and depreciation, financial statement analysis, fundflow analysis, the statement of cash flows; Managementaccounting concept, need, imporance and scope; Costaccounting- records and processes, cost ]edger and controlaccounts, reconciliation and integration bwtween financialand cost accounts; Overhead cost and control, Job andprocess costing, Budget and budgetary control, Performancebudgeting, Zero-ba~e budgeting, relevant costing and costingfor decision-making, standard costing and variance analysis,marginal costing and absorption costing.MANAGEMENT 5
- Financial Management:
Goal of Finance Function. Concept~ of value and return.Valuation of bonds and Shares; Management of workingcapital : Estimation and Financing; Management of cash,receivables, inventory and current liabilities; Cost ofcapital ; Capital budgeting; Financial and operating leverage;Design of capital structure: theories and practices;Shareholder value creation: dividend policy, corporatefinancial pol icy and strategy, management of corporatedistress and restructuring strategy; Capital and moneymarkets: institutions and instmments; Leasing hire purchaseand venture capital; Regulation of capital market; Risk andreturn: portfolio theory; CAPM;APT; Financial derivatives:option, futures, swap; Recent reforms in financial sector.MANAGEMENT 6
- Marketing Management:
Concept, evolution and scope; Marketing strategyformulation and components of marketing plan; Segmentingand targeting the market; Positioning and differentiating themarket offering; Analyzi ng competition;Analyzing consumermarkets; lndustrial buyer behaviour; Market research;Product strategy; Pricing strategies; Designing and managingMarketing channels; lntegrated marketing communications;Building customer staisfaction, Value and retention; Servicesand non-profit marketing; Ethics in marketing; Consumerprotection; l ntemet marketing; Retail management; Customerrelationship management; Concept of holistic marketing.MANAGEMENT 7
- Quantitative Techniques in Decision-making:
Descriptive statistics-tabular, graphical and numericalmethods, introduction to probability, discrete and continuousprobability di s tributions, inferential statistics-samplingdistributions, central limit theorem, hypothesis testing fordifferences between means and proportions, inference aboutpopul ation variances, Chisquare and ANOVA, simplecorrelation and regression, time series and forecasting,decision theory, index numbers; Linear programmingproblemformulation, simplex method and graphical solution,sensitivity analysis.MANAGEMENT 8
- Production and Operations Management:
Fundamentals of operations management; Organizingfor production; Aggregate production planning, capacityplanning, plant design: process planning, plant size and scaleof operations, Management of faci1ities; Line balancing;Equipment replacement and maintenance; Production control;Supply, chain management-vendor evaluation and audit;Quality management; Statistical process control, Six Sigma;F1exibi1ity and agi1ity in manufacturing systems; World c1a~smanufaturing; Project management concepts, R&Dmanagement, Management of service operations; Role andimportance of materials management, value analysis, make orbuy decision; Inventory control, MRP; Wa~te management.MANAGEMENT 9
- Managementlnformation System :
Conceptual foundations of information systems;lnformation theory; lnformation resource management; Typesof information Systems; Systems Deve1opment-Ovenriewof Systems and Design; System Development management1ife-cyc1e, Designing on1ine and distributed environments;lmp1ementation and control of project; Trends in informationtechnology; Managing data resources-Organising data.DSS and RDBMS; Enterprise Resource Planning (ERP), Expertsystems, e-Business architecture, e-Governance; lnformationsystems planning, Flexibility in information systems; Userinvolvement; Evaluation of information systems.MANAGEMENT10
- Govermnent Business Interface :
State participation in business, lnteraction betweenGovernment, Business and different Chambers of Commerceand lndustry in lndia; Government’s ploicy with regard toSmall Scale lndu s tri es; Government clear ances forestablishing a new enterprise; Public Distribution System;Government control over price and distribution; ConsumerProtection Act (CPA) and The Role of Voluntary Organizationsin protecting consumers’ right~; New lndustrial Policy of theGovernment : liberalization, deregulation and privatisation;lndian planning system; Government policy concerningdevelopment of Backward areas/regions; The Responsibilitiesof the business as well as the Government to protect theenvironment; Corporate Governance; Cyber Laws.MANAGEMENT 11
- Strategic Cost Management:
Business policy as a field of study; Nature and scopeof strategic management, Strategic inten t, vision, objectivesand policies; Process of strategic planning and implementation;Environmental analysis and internal analysis; SWOTanalysis; Tools and techn iques for strategic analysis-1m pactmatrix: The experience curve, BCG malrix, GEC mode, lndustryanalysis, Concept of value chain; Strategic profile of a firm;Framework for analysing competition; Competitive advantageof a firm; Generic competitive strategies; Growth strategiesexpansion,integration and diversification; Concept of corecompetence, Strategic flexibility; Reinventing strategy;Strategy and stru cture; chief Executive and Board;turnaround management; Management of strategic change;Strategic alliances, Mergers and Acquisitions; Strategy andcorporate evolution in the lndian context.MANAGEMENT12
- International Business :
International Business Environment : Changingcomposition of trade in good~ and services; India’s ForeignTrade: Policy and trends; Financing of International trade;Regional Economic Cooperation; FTA~; Internationalisationof service firms; International production; OperationManagement in International companies; InternationalTaxation; Global competitiveness and technologicaldevelopments; Global E-Business; Design ing globalorganisational structure and control; Multiculturalmanagement; Global business strategy; Global marketingstrategies; Export Management; Export-Import procedures;Joint Ventures; Foreign Investment: Foreign direct investmentand foreign portfolio investment; Cross-border Mergers andAcquisitions; Foreign Exchange Risk Exposure Management;World Financial Markets and International Banking; ExternalDebt Management; Cou ntry Risk Analysis.MANAGEMENT13
