FUNDAMENTALS OF MANAGEMENT AND ENTREPRENEURSHIP (FME Notes)
UNIT-I
Introduction to Management:
- Definition
- Nature and Scope
- Functions
- Managerial Roles
- Levels of Management
Managerial Skills
- Evolution of Management Thought:
- Classical Approach Scientific and Administrative Management.
- The Behavioral approach; The Systems Approach.
- Contingency Approach.
UNIT-II
- Planning and Organizing:
- Planning – Planning Process
- Types of Plans
- Decision making
- Steps in Decision Making
- Principles of Organization
- Span of control
- organizational Design
- Organizational Structures
- Departmentalization
- Delegation
- Centralization
- Decentralization.
UNIT-III
Leading, Motivation and Controlling:
- Leadership
- Power
- Authority
- Leadership Styles
- Behavioral Leadership
- Situational Leadership
- Leadership Skills
- Motivation – Types;
- Motivational Theories – Needs Hierarchy Theory, Two Factor Theory, Theory X and Theory Y.
- Controlling – basic control process – control techniques.
UNIT-IV
Nature of Entrepreneurship:
- Characteristics and skills of an entrepreneur
- Entrepreneur scenario in India and abroad
- Types of entrepreneurs
- types of ownership
- Small business in Indian economy
- Risk Reduction strategies
- Strategies for growth
Financial aspects:
- sources of rising capital
- schemes of Department of Industries (DIC), KVIC, SIDBI, NABARD, NSIC, IFCI and IDBI.
UNIT-V
Creating and starting the venture:
- Creativity and the business idea (Self-discovery, Opportunity discovery);
- Developing the business plan (Business model –
- canvas by Alexander Osterwalder);
- Marketing plan (Customer & Solution- Value proposition, Marketing & Sales);
- Financial plan (Validation, money)
- Human Resource Plan (Team).
Notes: -
Unit 1 👉 CLICK HERE
Unit 2 Decision Making 👉 CLICK HERE
Unit 2 Organisation 👉 CLICK HERE
Unit 2 Steps in Decision Making 👉 CLICK HERE
