Industrial Management & Entrepreneurship VTU University 5th SEM Mechanical Engineering | BME501 notes

Scheme & Syllabus Copy of Industrial Management & Entrepreneurship

Industrial Management & Entrepreneurship Syllabus Copy 2022 scheme mech notes

Module 1 Management:

• Introduction: Meaning, nature, and characteristics of management

• Scope and functional areas of management

• Management as a science, art, or profession

• Management and administration

• Roles and levels of management

• Development of management thought:

  • Early management approaches

  • Modern management approaches

Planning:

• Nature, importance, and purpose of planning

• Objectives of planning

• Types of plans (meaning only)

• Decision-making

• Importance of planning

• Steps in the planning process

• Planning premises

• Hierarchy of plans

Module 2 Organizing and Staffing:

• Nature and purpose of organization

• Principles of organization

• Types of organization

• Departmentation

• Committees

• Centralization vs. Decentralization of authority and responsibility

• Span of control

• MBO (Management by Objectives) and MBE (Management by Exception) (meaning only)

• Nature and importance of staffing

• Process of selection and recruitment (in brief)

Directing and Controlling:

• Meaning and nature of directing

• Leadership styles

• Motivation theories

• Communication: Meaning and importance

• Coordination: Meaning, importance, and techniques

• Controlling: Meaning and steps

• Essentials of a sound control system

• Methods of establishing control (in brief)

Module 3 Entrepreneur:

• Meaning of entrepreneur

• Evolution of the concept

• Functions of an entrepreneur

• Types of entrepreneurs

• Entrepreneur as an emerging class

• Concept of entrepreneurship

• Evolution and development of entrepreneurship

• Stages in the entrepreneurial process

• Role of entrepreneurs in economic development

• Entrepreneurship in India

• Barriers to entrepreneurship

Module 4 Small Scale Industries (SSI):

• Definition and characteristics

• Need and rationale

• Objectives and scope

• Role of SSI in economic development

• Advantages of SSI

• Steps to start an SSI

• Government policy towards SSI

• Policies for SSI during five-year plans

• Government support for SSI

• Impact of liberalization, privatization, and globalization on SSI

• Effect of WTO/GATT on SSI

• Supporting agencies for SSI:

  • Meaning, nature of support, objectives, and functions

  • Types of help

• Ancillary industry and tiny industry

Module 5 Institutional Support:

• Different schemes:

  • TECKSOK

  • KIADB

  • KSSIDC

  • KSIMC

  • DIC

  • Single Window Agency

  • SISI

  • NSIC

  • SIDBI

  • KSFC

Preparation of Project:

• Meaning of a project

• Project identification and selection

• Project report:

  • Need and significance

  • Contents and formulation

  • Guidelines by the Planning Commission

  • Network analysis

  • Common errors in project reports

Project Appraisal:

• Identification of business opportunities:

  • Market feasibility study

  • Technical feasibility study

  • Financial feasibility study

  • Social feasibility study