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Technological Innovation and Management Entrepreneurship 2022 Scheme Notes VTU University 5th SEM Electronic Communication and Engineering notes, 2022 scheme Notes, study materials, question paper

Technological Innovation and Management Entrepreneurship 2022 Scheme Notes VTU University 5th SEM Electronic Communication and Engineering | BEC501 notes

BEC501 -Technological Innovation and Management Entrepreneurship 2022 Scheme Notes

VTU University notes on 5th SEM Electronic Communication and Engineering 2022 scheme notes 2024. Study materials and previous year question papers on easenotes 2024.

Scheme & Syllabus Copy of Technological Innovation and Management Entrepreneurship 2022 Scheme Notes

Technological Innovation and Management Entrepreneurship 2022 Scheme BEC501 Notes

MODULE-1 Management:

  • Nature and Functions of Management
    • Importance, Definition
    • Management Functions, Levels of Management
    • Roles of Manager, Managerial Skills
    • Management & Administration
    • Management as a Science, Art & Profession (Selected topics of Chapter 1, Text 1).

Planning:

  • Nature, Importance, Types, Steps, and Limitations of Planning
  • Decision Making: Meaning, Types, and Steps in Decision Making (Selected topics from Chapters 4 & 5, Text 1).

MODULE-2 Organizing and Staffing:

  • Organization: Meaning, Characteristics, Process of Organizing
  • Principles of Organizing, Span of Management (meaning and importance only)
  • Departmentalization, Committees
    • Meaning, Types of Committees
  • Centralization Vs Decentralization of Authority and Responsibility
  • Staffing: Need and Importance, Recruitment and Selection Process (Selected topics from Chapters 7, 8 & 11, Text 1).

Directing and Controlling:

  • Meaning and Requirements of Effective Direction, Giving Orders
  • Motivation: Nature of Motivation, Motivation Theories (Maslow’s Need-Hierarchy Theory and Herzberg’s Two Factor Theory)
  • Communication: Meaning, Importance, and Purposes of Communication
  • Leadership: Meaning, Characteristics, Behavioral Approach of Leadership
  • Coordination: Meaning, Types, Techniques of Coordination
  • Controlling: Meaning, Need for Control System, Benefits of Control, Essentials of Effective Control System, Steps in Control Process (Selected topics from Chapters 15 to 18 and 9, Text 1).

MODULE-3 Social Responsibilities of Business:

  • Meaning of Social Responsibility, Social Responsibilities of Business towards Different Groups
  • Social Audit, Business Ethics, and Corporate Governance (Selected topics from Chapter 3, Text 1).

Entrepreneurship:

  • Definition of Entrepreneur, Importance of Entrepreneurship
  • Concepts of Entrepreneurship, Characteristics of Successful Entrepreneur
  • Classification of Entrepreneurs, Myths of Entrepreneurship
  • Entrepreneurial Development Models, Entrepreneurial Development Cycle
  • Problems Faced by Entrepreneurs and Capacity Building for Entrepreneurship (Selected topics from Chapter 2, Text 2).

MODULE-4 Modern Small Business Enterprises:

  • Role of Small Scale Industries, Impact of Globalization and WTO on SSIs
  • Concepts and Definitions of SSI Enterprises
  • Government Policy and Development of the Small Scale Sector in India
  • Growth and Performance of Small Scale Industries in India
  • Sickness in SSI Sector, Problems for Small Scale Industries
  • Ancillary Industry and Tiny Industry (Definition only) (Selected topics from Chapter 1, Text 2).

Idea Generation and Feasibility Analysis:

  • Idea Generation; Creativity and Innovation
  • Identification of Business Opportunities
  • Market Entry Strategies
  • Marketing, Financial, Political, Economic, Social, Legal, Technical, and Managerial Feasibilities
  • Location and Other Utilities Feasibilities (Selected topics from Chapter 6 (Page No. 111-117) & Chapter 7 (Page No. 140-142), Text 2).

MODULE-5 Business Model:

  • Meaning, Designing, Analyzing, and Improvising
  • Business Plan: Meaning, Scope, and Need
  • Financial, Marketing, Human Resource, and Production/Service Plan
  • Business Plan Formats, Project Report Preparation and Presentation
  • Why Some Business Plans Fail? (Selected topics from Chapter 8 (Page No 159-164), Text 2).

Financing and Starting a Business:

  • Financial Opportunity Identification
  • Banking Sources, Nonbanking Institutions, and Agencies
  • Venture Capital: Meaning and Role in Entrepreneurship
  • Government Schemes for Funding Business
  • Pre-launch, Launch, and Post-launch Requirements
  • Procedure for Getting License and Registration
  • Challenges and Difficulties in Starting an Enterprise (Selected topics from Chapter 7 (Page No 147-149), Chapter 5 (Page No 93-99), & Chapter 8 (Page No. 166-172), Text 2).

Project Design and Network Analysis:

  • Introduction, Importance of Network Analysis
  • Origin of PERT and CPM, Network Techniques
  • Need for Network Techniques, Steps in PERT, CPM
  • Advantages, Limitations, and Differences (Selected topics from Chapter 20, Text 3).