Course Content
Management Foundations
Management: Concept, Process, Theories, and Approaches, Management Roles and Skills
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Management Functions
Functions: Planning, Organizing, Staffing, Coordinating, and Controlling
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Managerial Economics Foundations
Managerial Economics: Concept and Importance
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National Income
National Income: Concept, Types, and Measurement
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Unit I : Evaluation
Unit I : Evaluation
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Unit I: Business Management and Managerial Economics

Progression for developing an organizational structure:

  1. Clearly define the objectives to determine the type, stability, and basic characteristics of the organization: Every organizational structure must begin with well-defined objectives. These goals determine the kind of structure that will support them effectively.

  2. Enumerate and group the activities of the enterprise consistent with the determined objectives: Once objectives are set, the next step is identifying the specific tasks needed to achieve them. These are grouped into categories or functions.

  3. Assign the grouped activities to personnel. Similar functions should be combined into one position: After organizing tasks into functional groups, they are allocated to specific roles or individuals. This establishes job responsibilities.

  4. Determine the span of supervision, the types of organization, the basis of departmentation, and pattern of authority structure: With roles defined, the organization can now design its hierarchy—deciding how many people report to each supervisor, how departments are arranged, and how authority flows.

  5. Assess the capacities and abilities of human and other resources at the disposal of the enterprise. Adapt the organization in sync with the reality:  Finally, align the organization to real-world limitations and resource availability.

This sequence ensures that structure follows strategy and resources are considered after a framework has been logically designed.