Principles of Management – I (Sem 1, BCom & BMS Mumbai Univ)

It is with great pleasure that I present to you “Principles of Management – I,” a comprehensive guide tailored specifically for the first-year students of the Bachelor of Management Studies/B.Com. (Management Studies) (BMS) program under the Revised Syllabus of the National Education Policy (NEP) implemented by the University of Mumbai.

The world of management is vast and ever-evolving, and it is crucial for students to have a strong foundational
understanding as they embark on their academic journey. This book is crafted to meet this very need, ensuring that the concepts of management are not just accessible but also engaging for young minds. In writing “Principles of Management – I,” my aim has been to simplify complex ideas and present them in a manner that is both straightforward and enjoyable. The content is structured to facilitate easy reference, with clear headings, bullet
points, and summaries that highlight key points.

Understanding that first-year students are often new to the academic rigor of higher education, I have paid special attention to creating a resource that is approachable. Each chapter begins with an introduction to the topic at hand and gradually delves deeper into the subject matter, allowing students to build their
knowledge step-by-step.

Contents –

1. Fundamentals of Management
2. Evolution of Management
3. Indian Management Thoughts
4. Planning Essentials
5. Decision-making
6. Organising
7. Types of Organisation Structure
8. Virtual Organisations and Span of Management
9. Departmentation and Staffing