Objective - to provide students with knowledge of management theory to develop and promote creative thinking and action to control the situation assessment and decision.

Learning outcomes: able to demonstrate knowledge:

•of management concepts – explain these concepts and compare these concepts in various management schools;
•of management functions and levels, interpret their knowledge of management functions and managerial skills in various real-life situations;
•of company’s external and internal environment, and impact of changes in company’s activities;
•of specific management functions – planning, decision making, organization, leadership and control, able to display skills of those functions.
Evaluation of study course outcomes 
•50% - presentation and hand in of one case study description and analysis based on one chosen theory of management;
•50% - written exam
Active participation in discussions in class is an advantage J

Content of study course:
1. Basic Concepts of Management. Introduction
2. Basic statements of management. Pre-history; Management And Economics
3. Scientific theory of Management. By Frederic Taylor. Administrative theory of Management. By Henry Fayol; Svientific Theory and Business Economics
4.Bureaucratic theory of Management. By Max Weber Human relation theory by Elton Mayo. Systems theory by Ludwig von Bertalanffy. X an Y theory by Douglas McGregor.
5. Theory of Peter Drucker – Guru of American Maganement
6. Strategic Management. By Michael Porter. Innovation Management
7. Modern Theories of Management – System Approach, Quantitative Approach, Total Quality Management, Learning organization Approach
•8. Modern Theories of Management – Team Building Theory, Chaos theory, Open Systems Theory, Contingency theory