FUNDAMENTALS OF MANAGEMENT AND ENTREPRENEURSHIP

Before Going in detail into the Fundamentals of Management and Entrepreneurship, Let see the syllabus first and we move onto the details of remaining part of the subject. 

FUNDAMENTALS OF MANAGEMENT AND ENTREPRENEURSHIP 

FUNDAMENTALS OF MANAGEMENT AND ENTREPRENEURSHIP

SYLLABUS OF FME 

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) 
Important Questions: [ MID ]

1. Controlling Techniques

2. Motivation Theories 

3. Entrepreneurship Characteristics and types of entrepreneurs

4. Financial Industries Providing Capital (NABARD, IFCI, NSIC, IDBI) 

5. Financial plan and Marketing plan 

6. Production Plan and Human Resource plan

Unit Wise Important Questions

Unit 1: 

  1. What do you understand by management and examine its nature, functions, and levels of management with illustration? 
  2. Define management and discuss the managerial roles and skill required for a successful manager. 
  3. Examine the classical theories of management {Scientific management (Taylor's Scientific Management and Administrative Management (Henry Fayol)} in detail. 
  4. Brief on the systems approach and contingency approach of management. 
** one classical theory

Unit 2: 

  1. Define planning and provide a detailed note on planning process and types of plains with suitable illustrations. 
  2. What do you understand by decision making and critically examine the decision-making process in a typical organization?
  3. Explain the concept of span of control and discuss the organizing process (Design) & types of organizational structures with suitable examples.
  4.  Write a brief note on Departmentalization, Delegation, and decentralization 

Unit 3: 
  1. What do you mean by leadership, the styles of leadership and discuss the leadership theories (Trait, Behavioural Leadership, Situational Leadership theories)?
  2. Define motivation and discuss the motivational theories in detail (Needs Hierarchy Theory, Two Factor Theory, Theory X and Theory Y)
  3. What do you understand by controlling and explain the controlling process, techniques in detail?
Unit 4: 

1. Define entrepreneurship, entrepreneur, their characteristics, and brief on the types of entrepreneurs with suitable illustrations.

2. What do you understand by ownership and discuss types of ownership with suitable illustrations?

3. Brief on the Entrepreneur scenario in India and Small business in Indian economy

4. Critically examine the sources of rising capital and brief on the functionality of the different financial institutions support for entrepreneurs. (Department of Industries (DIC), KVIC, SIDBI, NABARD, NSIC, IFCI and IDBI.)

v                100% one financial agency 

Unit 5: 

1.  What do you mean by creativity and discuss the sources, methods of generating the business ideas for a new business / starting new venture?
2. Discus the procedure/ steps for crating, starting a venture and make a detailed note on developing the business plan (business model, marketing, financial and human resource plans).
3. Examine the elements in developing the business plan / Business model through, Lean canvas by Alexander Osterwalder.
4. Brief on the risk reduction and growth strategies
5. Develop a business plan (business model, marketing, financial and human resource plans).
of your choice and detail different subsidiary plans which lead for crating, starting the venture.

v General questions they may ask, where you need apply the concept in writing the business plan. 



NOTES: 

Unit 1 :  👉  CLICK HERE

Unit 2 :  👉  CLICK HERE

              👉   CLICK HERE
 
Unit 3 : 👉  CLICK HERE

Unit 4 : 👉  CLICK HERE

Unit 5 : 👉  CLICK HERE



Model Papers Previous Semester 👉 CLICK HERE 


You Tube Videos 

Natural / Characteristics of Management 👉 CLICK HERE 

Scope/ Functional Areas of Management 👉 CLICK HERE

Functions of Management 👉 CLICK HERE 

Roles of Manager/ Managerial Roles 👉 CLICK HERE

Levels of Management 👉 CLICK HERE

Process of Planning 👉 CLICK HERE

Theory X and Y 👉 CLICK HERE

Herzberg Two Factor Theory 👉 CLICK HERE

Maslow- Need of Hierarchy - 👉 CLICK HERE

Motivation 👉 CLICK HERE

Controlling Techniques 👉 CLICK HERE

Leadership Styles 👉 CLICK HERE 

Leadership Theories - like (Behavioural Theories, Situational ) - 👉 CLICK HERE





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