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BME501 VTU Notes: Industrial Management & Entrepreneurship

Manage industries and launch ventures with our BME501 VTU Notes. Master industrial organization, project management, and entrepreneurship for the 2022 Scheme at vtubuddy.in, your premier Mechanical Engineering business portal.

Industrial Management & Entrepreneurship

BME501

2022 Scheme

Module 1 : Management

Management: Introduction Meaning nature and characteristics of Management, Scope and Functional areas of management Management as a science, art of profession Management & Administration Roles of Management, Levels of Management, Development of Management Thought early management approaches – Modern management approaches.
Planning: Nature, importance and purpose of planning process Objectives Types of plans (Meaning Only) Decision making Importance of planning steps in planning & planning

Module 2 : Organizing and Staffing

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 and MBE (Meaning Only) Nature and importance of
staffingProcess of Selection & Recruitment (in brief).
Directing & Controlling: Meaning and nature of directing Leadership styles, Motivation Theories, Communication Meaning and importance coordination, meaning and importance and Techniques of Co Ordination. Meaning and steps in controlling Essentials of a sound control system Methods of establishing control (in brief).

Module 3 : Entrepreneur

Entrepreneur: Meaning of Entrepreneur; Evolution of the Concept; Functions of an Entrepreneur, Types of Entrepreneurs, Entrepreneur an emerging. Class. Concept of Entrepreneurship Evolution of Entrepreneurship, Development of Entrepreneurship; Stages in entrepreneurial process; Role of entrepreneurs in Economic Development; Entrepreneurship in India; Entrepreneurship – its Barriers.

Module 4 : Small Scale Industries

Small Scale Industries: Definition; Characteristics; Need and rationale; Objectives; Scope; role of SSI in Economic Development. Advantages of SSI Steps to start and SSI Government policy towards SSI; Different Policies of SSI; Government Support for SSI during 5 year plans. Impact of Liberalization, Privatization, Globalization on SSI Effect of WTO/GA TT Supporting Agencies of Government for SSI, Meaning, Nature of support; Objectives; Functions; Types of Help; Ancillary

Module 5 : Institutional Support

Institutional Support: Different Schemes; TECKSOK; KIADB; KSSIDC; KSIMC; DIC Single Window Agency; SISI; NSIC; SIDBI; KSFC.
Preparation of Project: Meaning of Project; Project Identification; Project Selection; Project Report; Need and Significance of Report; Contents; Formulation; Guidelines by Planning
Commission for Project report; Network Analysis; Errors of Project Report; Project Appraisal. Identification of business opportunities: Market Feasibility Study; Technical Feasibility Study;