Fundamentals of Management and entrepreneurship

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) 

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