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LECTURE NOTES ON MANAGEMENT SCIENCE

LECTURE NOTES ON MANAGEMENT SCIENCE Department of CIVIL Engineering INSTITUTE OF AERONAUTICAL ENGINEERING Dundigal 500 043, Hyderabad CONTENTS Unit I: Introduction to MANAGEMENT : Concepts of MANAGEMENT and organization- nature, importance and Functions of MANAGEMENT , Systems Approach to MANAGEMENT - Taylor's Scientific MANAGEMENT Theory- Fayal's Principles of MANAGEMENT - Maslow's theory of Hierarchy of Human Needs- Douglas McGregor's Theory X and Theory Y - Hertzberg Two Factor Theory of Motivation - Leadership Styles, Social responsibilities of MANAGEMENT . UNIT -II: Designing Organization: Designing Organizational Structures: Basic concepts related to Organization - Departmentation and Decentralization, Types and Evaluation of mechanistic and organic structures of organization and suitability.

Objectives of Inventory control, EOQ, ABC Analysis, Purchase Procedure, Stores Management and Store Records - JIT System, Supply Chain Management, Functions of Marketing, Marketing Mix, and Marketing Strategies based on Prodcut Life Cycle, ... Promotion, Transfer, Separation, Performance Appraisal, Grievance Handling and Welfare Administration ...

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