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EXPORT-ORIENTED MANAGEMENT - IMC Fachhochschule Krems

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Principles of Management I<br />

Semester Hours per week Subject code ECTS<br />

Fall 2 PROM 3<br />

Learning Outcomes / Course Objectives<br />

� Provide students with relevant information regarding recent events that have<br />

reshaped the world of organizations and management.<br />

� Show students mistakes managers have made, how they addressed the<br />

mistakes, and the outcome of their actions.<br />

� Integration of Entrepreneurship and E-business e.g. empowerment,<br />

technology, E-commerce, E-organizations and diversity.<br />

� Provide students with a comprehensive look at contemporary topics that affect<br />

changes and innovations in business and entrepreneurial ventures.<br />

� Enhance student's diagnostic, analytical, investigative and decision-making<br />

skills.<br />

� Familiarize students with the goals, requirements, benefits and obstacles to<br />

value chain management.<br />

Prerequisites / Level<br />

None<br />

Course Description<br />

This course covers the principle concepts of management to provide students with a solid<br />

foundation for understanding key issues. Organized around the four traditional functions<br />

of management - planning, organizing, leading, and controlling - it reflects current trends<br />

in management and organizations, and presents the latest research studies in the field.<br />

In the first semester the course addresses managing in our contemporary world,<br />

foundations of planning and decision making, basic organization designs, human resource<br />

management and change management. In the second semester the course covers<br />

organizational behavior, leadership, control and value chain management.<br />

Literature<br />

Robbins, S.P. & Coulter, M. (2007): Management, 9th Edition, Prentice Hall.<br />

(International Edition)<br />

Articles & power-point slides of the lecture are made available on the students' eDesktop.<br />

Evaluation<br />

Final exam<br />

Teaching Methods<br />

The course involves a combination of formal lecture and case discussions, placing<br />

particular emphasis on student participation.Students are expected to prepare for each<br />

session by working through the relevant chapter(s) in advance of class to enhance<br />

effectiveness & efficiency of the formal lecture.<br />

Most sessions will include a short case study in order to foster communication-,<br />

diagnostic-, analytical-, investigative- and decision-making skills. These cases will be<br />

usually distributed in advance and students will be expected to be prepared to discuss<br />

FHR-5-0008_Vers.03_Rev.00_2012 166

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