Using contemporary, real-world examples and the latest pedagogical tools, Principles of Management showcases how management concepts and practices can be utilized to achieve personal and business excellence. Organized around the four main traditional functions of management—planning, organizing, controlling and leading— this book includes current thinking and practice on the most important issues facing management, managers and employees with a special focus on examples from India. The text of this book has been developed and designed to cater to the needs of professional managers and management students of various Indian Universities and Business Schools. It may also be profitably used by the students of B.B.A and other professional courses. Principles of Management gives students an insight of what the management is all about. The language has been kept simple and easy to understand which students will find very useful.