ENTREPRENEURIAL MANAGEMENT

FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS

5.1 ENTREPRENEURIAL MANAGEMENT

OBJECTIVE
The objective is to enable students to understand the basic concepts of entrepreneurship and prepare
business plan to start a small industry.
Unit 1: ENTREPRENEURSHIP 
Introduction – Meaning & Definition of Entrepreneurship, Entrepreneur & Enterprise – Differences
between Entrepreneurship, Entrepreneur & Enterprise – Functions of Entrepreneur – Role of Entrepreneur
for Economic Development - Factors influencing Entrepreneurship - Pros and Cons of being an
Entrepreneur – Differences between Manager and Entrepreneur – Qualities of an Entrepreneur – Types of
Entrepreneurs. Entrepreneurship Development- Need – Problems – National and State Level Institutions
Unit 2: SMALL SCALE INDUSTRIES
Small Scale Industries - Tiny Industries - Ancillary Industries - Cottage Industries – Definition – Meaning -
Product Range - Capital Investment - Ownership Patterns - Importance and Role played by SSI in the
development of the Indian Economy - Problems faced by SSI‟s and the steps taken to solve the problems -
Policies Governing SSI‟s
Unit 3: STARTING A SMALL INDUSTRY
Concept of Business opportunity, scanning the environment for opportunities, evaluation of alternatives
and selection based on personal competencies. - An overview of the steps involved in starting a business
venture – Location, Clearances and Permits required, Formalities, Licensing and Registration Procedures -
Assessment of the market for the proposed project - Importance of financial, technical and social feasibility
of the project.
Unit 4: PREPARING THE BUSINESS PLAN (BP)
Business Plan, Importance of BP, Preparation of BP, Typical BP format - Financial aspects of the BP -
Marketing aspects of the BP - Human Resource aspects of the BP - Technical aspects of the BP - Social
aspects of the BP - Preparation of BP - Common pitfalls to be avoided in prep12 Hrs
Financial assistance through SFC‟s, SIDBI, Commercial Banks, KSIDC, KSSIC, IFCI, - Non-financial
assistance from DIC, SISI, EDI, SIDO, AWAKE, TCO, TECKSOK, KVIC - Financial incentives for SSI‟s
and Tax Concessions - Assistance for obtaining Raw Material, Machinery, Land and Building and
Technical Assistance - Industrial Estates – Role and Types. Sickness: Meaning and definition of a sick
industry - Causes of Industrial Sickness - Preventive and Remedial Measures for Sick Industries