“Fundamentals of Management” is the third paper of CAP-I. Fundamentals of Management is the part A paper which covers 50 marks in total out of which 25 are MCQs and 25 marks from subjective questions. Likewise, Commercial Mathematics and Statistics is the part B paper which covers 50 marks in total out of which 25 are MCQs and 25 marks from subjective questions. The syllabus of both the subject are as follows:
Part A: Fundamentals of Management (50 Marks)
Level of Knowledge : General
Course Objectives : The syllabus is designed with an objective to impart knowledge and understanding of fundamental principles and functions of management.
1.Concept of organization and management:
- Organization: meaning, nature and types
- Organizational goals: types, formation, succession, displacement
- Management: meaning, nature, functions, principles
- Managerial skills and roles.
2.Evolution of management thought:
- Classical Theories: scientific management, administrative management, bureaucracy
- Human relations and behavioral theories
- Management science theory; Systems theory
- Contingency theory.
3.Environmental context of management:
- Concept of business environment
- Internal environment forces
- External environment forces
- Social responsibility: concept, approaches and areas.
4.Planning and decision making:
4.1 Planning: definition, types, importance and methods
Steps in planning process
- Decision making: meaning, types, styles
- Decision making environment
- Decision making process.
- Organizing : concept, approaches and principles
- Forms of organizational structures
- Delation and decentralization of authority: concept and importance
Managing human resources:
- Human resource management: concept and importance
- Components of human resource management.
- Leadership: concept, functions and styles
- Leadership and management
- Motivation: concept and importance
- Theories of motivation: hierarchy of needs, motivation hygiene, theory X and theory Y
- Techniques of improving motivation.
- Communication: concept, importance and process
- Types of communication
- Communication channels
- Barriers to effective communication
- Techniques of improving communication.
- Control: meaning and process
- Types of control systems: pre, concurrent and post control
- Requirements for effective control system
- Fundamentals of Management – Study Material, ICAN.
- Stephen P. Robbins and Mary Coulter. Management – Prentice Hall
- Ricky W. Griffin. Management – AITBS Publishers
- Govind Ram Agrawal. Principles of Management in Nepal- M.K. Publishers & Distributors