We have thoroughly revised this book so as to fully meet the requirements of National Education Policy (NEP) 2020 and Undergraduate Curriculum Framework-2022 (UGCF) of University of Delhi. Following are the key additions in this edition: Business Process Reengineering Learning Organisation Six Sigma Supply Chain Management Subaltern Management Ideas from India Indian Ethos for Management Delegation, Centralisation and Decentralisation of Authority Salient Developments in Management. SALIENT FEATURES An all-encompassing and self-sufficient textbook for UGCF-2022 based on NEP-2020. New topics added such as: Business Process Reengineering, Learning Organisation, Six Sigma, Supply Chain Management, Subaltern Management Ideas from India, Indian Ethos for Management and Delegation, Centralisation and Decentralisation of Authority. Chapter Outline to give an overview of topics covered in each chapter. Systematic and sequential arrangement of topics as per the revised syllabus. Tables, diagrams and real life examples to illustrate the text. Lucid and simple language. Review Questions at the end of every chapter for self-examination