MG6851 POM Notes, PRINCIPLES OF MANAGEMENT Lecture Notes – ECE 6th SEM Anna University

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MG6851  POM Notes

Anna University Regulation 2013 Electronic Communications Engineering (ECE) MG6851  POM Notes for all 5 units are provided below. Download link for ECE 6th SEM MG6851  PRINCIPLES OF MANAGEMENT  Lecture Notes are listed down for students to make perfect utilization and score maximum marks with our study materials.

 MG6851 – PRINCIPLES OF MANAGEMENT

UNIT I
OVERVIEW OF MANAGEMENT

DEFINITION
According to Harold Koontz, ―Management is an art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals and can co-operate towards attainment of group goals‖.
LEVELSOFM ANAGEMENT
The three levels of management are as follows
1. TheTopManagement
It consists of board of directors, chief executive or managing director. The top management is the ultimate source of authority and it manages goals and policies for an enterprise. It devotes more time on planning and coordinating functions.
The role of the top management can be summarized as follows
  1. Top management lays down the objectives and broad policies of the enterprise.
  2. It issues necessary instructions for preparation of department budgets,procedures, schedules etc.
  3. It prepares strategic plans & policies for the enterprise.
  4. It appoints the executive for middle level i.e. departmental managers.
  5. It controls & coordinates the activities of all the departments.
  6. It is also responsible for maintaining a contact with the outside world.
  7. It provides guidance and direction.
  8. The top management is also responsible towards the shareholders for theperformance of the enterprise.
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MG6851  Notes, POM Unit wise Lecture Notes – ECE 6th Semester
 

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