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National College Credit Recommendation Service
LOMA | Evaluated Learning Experience
Management Principles and Practices (LOMA 330)
Formerly Management Principles and Practices [FLMI 330]; Management of Organizations and Human Resources [FLMI 330]; also known as Management of Organizations and Human Resources [Course 5]
Independent study and proficiency examination program administered from the central offices of LOMA.
Version 2: June 1989 - October 2000.* Version 3: November 2000 - October 2004. Version 4: November 2004 - January 2008.
Instructional delivery format:
Version 2 and 3: Upon successful completion of the course, students will be able to: explain basic management concepts and principles within the organizational context and the environments within which organizations operate; apply the management functions of planning, organizing, leading, and controlling in organizational contexts. Version 4: Includes all outcomes from Version 2 and 3; in addition, students will be able to: explain the importance and functions of information systems in insurance companies and explain basic descriptive and inferential statistics and basic management models for use in decision making.
Version 2: Major topics include: introduction to management theory; external environment of organizations; social responsibility and ethics; strategic planning and decision-making; division of work; human resource management; motivation, performance, and satisfaction; leadership; communication; financial control; productivity control; information systems and control; performance appraisals; international management. Version 3: Major topics include: the nature of management; evolution of management thought; the changing environment of management; putting quality first; social and ethical responsibility; planning, decision making, and problem solving; organizing, managing human resources, and communicating; motivating, leading, and team building; groups and communication; control and operations management; international management. Version 4: All topics in Version 3; in addition, using descriptive and inferential statistics to manage information; using decision theory and linear programming to manage information; applying management science models to business operations.
Version 2, 3, and 4: In the lower division baccalaureate/associate degree category OR in the upper division baccalaureate degree category, 3 semester hours in General Management (4/86) (5/90 revalidation) (12/95 revalidation) (1/01 revalidation) (7/06 revalidation) (1/08 revalidation). NOTE: This course is not recommended for credit in Human Resource Management. *NOTE: An earlier version of this course, dating from July 1985 to May 1989, has been recommended for credit. Please consult the 1994 print Directory for further information or contact NCCRS. NOTE: This course overlaps with Agency Administration (AIAA 200). If both courses are completed, a total of 4 semester hours is recommended.