Course aims:

Understanding the basic concepts of management: management process, management relationships, management functions, management system, management methods and techniques
Explaining and interpreting the concepts of forecasting, organizing, coordinating, training and evaluating the control of the activity of an organization
Identification of the economic implications associated with the operation and administration of a subdivision of the organization
Applying the appropriate instrumentation to solve a problem regarding the relations between the subdivisions of the organization
Application of the specific instrumentation for analyzing the functioning of a subdivision of the organization
Explaining and interpreting the main components of the organizational and procedural organization of an organization
Explaining and interpreting the main management subsystems of an organization

Course Entry Requirements:

N/A

Course contents:

Introduction to Management

Chapter 1. Management definition. Object of study. Importance of management

Chapter 2. Evolution of management. Management functions

Chapter 3. Organisational structure. Functional areas. Importance of allignigning organizational structure. Key elements of organizational structure. Types of organizational structures

Chapter 4. Organisational decision making system. Concept. Decision making system. Principles of decision making. Steps in decision making. Hierarchy of decision system. Evaluating decisionțs importance

Chapter 5. Management information system. Context. Components. Characteristics of information. Information system components. Functions of IS

Chapter 6. Management systems, methods and techniques. Management system. Types of management system. Management general methods. Management specific methods

Chapter 7. Managers and leaders. Importance of management. Management – science or art. Management as a profession. Managerial skills. Task and responsibilities of professional managers. Leaders and managers. Organisational culture. Components

Teaching methods:

lecture, discussions, practical presentations

Learning outcomes:

To develop the  student’s capacity to use specific concepts of management in the economic practical activity

Learning outcomes verification and assessment criteria:

Written test examination - 70%,Verification during the semester (project) - 30%.

Recommended reading:

Susan Quinn, Management Basics, Bisset School of Business, Bisset, 2019, 75.
Albert Porter, Operations Management, Bisset School of Business, Bisset, 2011, 62.
Al. Stan, Business Management, Ethics and Communication, ICSI House, New Delhi, 2014, 478.