HAILEY COLLEGE OF COMMERCE



HAILEY COLLEGE OF COMMERCE

UNIVERSITY OF THE PUNJAB, LAHORE

COURSE OUTLINE: Quantitative Techniques for Business Studies

|Program |. |Course Instructor | |

|Semester |FIRST |Email | |

|Name of the Course |Business Management |

|Course Number |MC-501 |

|Credit Hours |3 Three Hours |

|Follow Up |Human Resource Management |

|Category |Core |

|Course Description |Management plays a vital role in the success of organizations. Business Management is an essential course for |

| |students of , and any other student who wishes to acquire the basic principles of management. The course |

| |content focuses on (a) management systems and processes and (b) various skills required by competent managers |

| |in order to effectively discharge their managerial responsibilities. |

|OBJECTIVES OF THE COURSE |This course will enable students to: |

| |Understand the role of management and its importance to achieving organizational effectiveness. |

| |Know some of the management processes used in organizations. |

| |Recognize that organizations operate in a changing socio-cultural, political, legal, technological, economic |

| |and international environment. |

| |Recognize the primacy of organizational members the guidelines for action in areas such as planning, |

| |decision-making, organizing, leading or controlling. |

| |Appreciate that a working knowledge of motivation enables managers to take constructive steps to improve |

| |performance of their most valuable resource- PEOPLE, and that training is a useful tool for equipping |

| |employees to face challenges. |

| |Develop a basic management system (for a small to medium-sized company). |

| |Relate the principles and concepts learnt towards resolving some of current problems faced by companies. |

|Syllabus |Part 1. Introduction |

| |1. Welcome to the charging world of work |

| |2. Managing organization and people: who, what and why |

| |Part 2. Decision Planning and Monitoring Systems |

| |1. Making decisions |

| |2. Monitoring the environment |

| |3. Planning systems |

| |4. Monitoring performance through control system |

| |Part 3. Organization Task, People and Culture |

| |1. Technology and the design of work processes |

| |2. Organizational design |

| |3. Managing Human Resources |

| |4. Understanding groups and developing effective teams |

| |5. Creating and sustaining the organization’s culture |

| |Part 4. Leading and Empowering People |

| |1. Understanding the basics of human behavior |

| |2. Work motivation and rewards |

| |3. Basic issues in leadership |

| |4. Building trust contemporary issues in leadership |

| |5. Developing inter-personal skills |

| |Part 5. Organizational Renewal |

| |1. Managing change: Revisiting the changing world of work |

|Text Book |Robbins, Stephen P MANAGEMENT, 7th edition, 2004, Prentice Hall, New Jersey, USA. |

| |Website: \robbins. Phlp\cw web Site-Managing Today |

|Reference Material |1. Trewatha, Robert R. Management , 1999, Business Publications Inc, Texas USA. |

| |2. Sisk, Henry L. and Clifton Williams Management and Organization , 10th edition,2002, South Western |

| |Publishing Company, Ohio, USA. |

| |2. Griffin, Ricky W. Management 13th edition, 2004, Houghton Mifflin Company, Boston, USA. |

| |3. Journals, Periodicals, Forbs, Fortune, Business Week. The economist, Harvard business review, the Financial|

| |Gleaner. |

|Instructional Aids/Resources |Class facilities to Instructor and students for Lectures per Room. |

| |1 Overhead Projector |

| |1 White Board and Markers. |

| |1 Rostrum |

| |Max 75 students sitting facility. |

| |Practical Workbook. |

| |Photocopy facility for Handouts/Case studies. |

|Teaching Strategies |Lectures. |

| |Handouts. |

| |Group Discussions. |

| |Presentations. |

| |Class work |

|Assessment Criteria |Sessional |Mid-Term |Final Examination |

| |25 % |25 % |50 % |

| |Quizzes and Test Assignment and |Paper (I hour) |Paper (2 hours) |

| |Presentations Attendance, Class | | |

| |Participations and discipline | | |

|Recommendations |Multimedia Facility must be provided |

| |Visits of the students may be arranged to the industrial and commercial entities to give them insight of the |

| |practical work in the accounts and related filed during the currency of the semester. |

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