As you are looking for important notes for Management Process and Organizational Behaviour (MPOB) subject of MBA Program, so here I am providing notes:

MBA Course MPOB Subject Important Notes

Management: Concept and Nature
1. As an economic resource
Like other factors of production, management is a vital factor of production
2. As a team ( group of persons)
Guides & direct the efforts of other individuals
3. As an Academic Discipline
Academic body of knowledge that can be learned
4. Management as a process
Define aims & objectives
5. Management as a Human Process
Management is with and through people

Definition of management by Harold Koontz
“Management is the art of getting things done through and with people in formally
organized groups”.

Nature & Features of Management
1. Universal- Required in any form of group activity
2. Purposeful- Management exists for the achievement of specific objectives
3. Unifying force- Coordination of individual efforts into team
4. Social Process- Concerned with interpersonal relations
5. Multidisciplinary- Depends upon knowledge derived from several disciplines
6. Continous process
7. Intangible- Cannot be seen but can only be felt
8. Art as well as science
Main elements of an art are:
1. Personal skills
2. Practical Know how
3. Result orientation
4. Creativity
5. Constant practice
Management as a science as:
It contains all essentials of science
Establishes cause and effect relationship
Contains underlying principles & theories developed through continuous
observation, experimentation and research
Organised body of knowledge can be taught in classrooms and in industry

Nature of Science of Management
Social science ( involves study of human behavior)
Principles are less exact
Applied science as principles are to be applied
Interdisciplinary science
MANAGEMENT AS A PROFESSION
Features of Profession
1. Body of specialized knowledge of principles therefore management is profession
2. Formalized methods of acquiring training & experience
3. Establishment of Management association:
To regulate behavior of members
Create a code of conduct for guiding the activities of profession
Promote and build up the bright public image of management
Main function of association is to manage & coordinate the research work in areas
of management
4. Code of Conduct:
In management no uniform code of conduct
5. Priority of service to society over economic consideration.

Attached Files

MBA Course MPOB Subject Important Notes .pdf (329.8 KB, 170 views)