development of enterpreneurship

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    Meaning:Importance:

    Dealing with uncertainty Innovation

    Job creation

    Number of new start ups

    Managing resources Productivity

    Capital formation

    Economic growth

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    Functions:

    Planning,Risk and uncertaintyOrganization builderManagingDecision making

    InnovationMerits: Intelligence and Mental AbilityClear ObjectivesBusiness Secrecy

    Human RelationCommunicationEnergetic

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    Motivation:Motivation is the process of attempting to influence

    other to do your will through the possibility of gainor renewal

    Feature:

    Continuous process Improves efficiency of a person

    Human needs

    Emerges from within

    Good achieving face

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    Motivation Factor:

    Primary Motivational Factor:CompetenceCuriosityAffectionHuman Needs

    Secondary Motivational Factor:AchievementAffiliationPower

    Domineer Motivational Factor:AmbitionCompulsionFacilitation

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    MOTIVATION TOACHIEVE TARGET

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    Importance:Monetary:Bonus

    Non Monetary:Honour and RespectEstablishment of idea:Market surveysExpert advice

    ConsumersSocial and economic changeProduct profile foreign marketJournals & MagazinesTrade faresSick unitsChange factors

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    Meaning of Target

    Goal, Aim

    Definition: McFarland -Target are the goal, aims, orpurpose that organization wish to achieve overvarying period of time

    Managerial Challenges:

    Technology explosionHuman relations

    Conflicts from trade unions

    Problems of law and order

    Social overheadsGrowing competition

    High cost industrial economy

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    Problem Resolving:

    Identify the problemTake correct decision

    Techniques of problem solving:

    Habits

    Standard operating proceduresDelegation

    Intuition

    Creativity

    Quantitative AnalysisTrial and Error

    Operation Research

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    Creativity:

    Ability to bring something new and

    Differently

    Sequence of Planning:

    First step of management

    Plan and decide in advance

    Future planning

    Importance:

    Helps To Face Uncertainties Of Failure

    Helps in efficient utilization of resources

    Basis or rational decision making

    Helps in co-ordination

    Effectiveness

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    Self Confidence:

    Faith in own

    Self fulfilling prophecyMethod of Self Confidence development:

    Lectures, meeting

    Under studies

    Job rotationCoaching

    Multiple management

    Role play method

    Problem studyTraining

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    Communication Skills:Sharing of ideaFeeling facts information, its two ways

    Essential of effective communication:ClarityConsistencyTimeliness

    AdequacyPatience InformationFeedback

    Capacity to Influence:Personal qualityLoyaltiesObedience

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    Leadership:Meaning:

    Ability, a good quality, self confidence,Quality of leader:

    Caution and careful

    Decisiveness

    Energetic and EnduranceResponsibility

    Character

    Communication skill

    ConfidenceSoft speaking

    Creativity

    Good health

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    Contents of a project report:

    Particulars of business

    Constitutes of business

    Brief introduction

    Statement of financing

    Statement of confidentiality

    Industry analysis

    Production plans

    Marketing plans

    Assessment of risk

    Technology to used

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    Merits:

    Individual inspiration,

    Maintaining secrecy,

    Facilities of quick decision,

    Demerits:

    Less stable existence,

    PartnershipThe relations which exist between persons ,competent to make contracts, who agree to carryon a lawful business on common with a view toprivate gain.

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    Merits:

    Economizing the middleman,

    Demerits:

    Lack of individual inspiration,

    Mutual differences,

    Economic Management:

    Capital investment decision,

    Working capital management,

    Role of Banks:

    Lending and deposit,

    Guarantee,

    Rating,

    Overall risk reduction.

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    PRODUCTIONMANAGEMENT

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    Functions of production management:

    Selection of right production methodSelection of right techniqueAnalysis of costs

    Methods of Purchases:Cash and Credit PurchasesMarket Purchases

    Requirement PurchasesControlled PurchasesForward PurchasesJust in time purchases

    Methods of Purchases of Fixed Assets:LeasingHire Purchases

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    Management of Movable Assets/Goods:

    Known as Investing Management

    Objects of Management of MoveableAssets/Goods:

    Employee Management:

    Importance of Employee Management

    Smoothing of the Industrial RelationsMulti- Dimensional Developments

    Making the means of production useful

    Scientific Selection of Labour

    Reduction in the cost of ProductionPromotion, Demotion and Transfer

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    Marketing Management:Selling of Product, Definition: Philip Kotler Marketing is

    the human activity directed at satisfying human need

    and wants thoughts an exchange process.Element of Marketing:Marketing activities and place utilityMarketing activities and time utility

    Marketing activities and form utilityMarketing activities and possession utilityMarketing activities and knowledge utility

    Consumer Management:

    Contact with consumersFront office operationBack office operationBusiness relationship

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    Aspects of Consumers Management:Consumer service

    Consumer intelligenceTypes:

    Operational

    Analytical

    Sales intelligenceCampaign

    Collaborative

    Geographic

    Time Management:Management of time

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    DISTRICT INDUSTRIAL CENTER (DIC)

    For developers small and village industries,establishment in May 1978

    Role:

    Identification of entrepreneur,

    Selection of projects,

    Provisional SSI registration,

    Purchase of fixed assets,

    Clearance from various department,

    Assistance to material supplies,

    Subsidy schemes,

    Training program,

    Providing self employment

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    MP POLLUTION CONTROL BOARD:

    Established in 1974, for controlling pollution

    Objectives:Controlling Air pollution

    Controlling Soil pollution

    Controlling water pollution

    FOOD AND DRUG ADMINISTRATIONDEPARTMENT OF MP:

    Established in 1st April 1980, working under publicand family welfare ministry of MP government,

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    Role:

    Public awareness

    Quality control of food articles

    Issuing licenses for food manufacturing

    Issuing license for drugs

    license for retails

    license for whole sales

    MP STATE ELECTRICITY BOARD(MPSEB) Mission

    Growth of employees

    Adopting modern technology

    Reducing distribution losses

    Providing reliable, quality and safe power

    Faster economic growth

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    MUNICIPAL CORPORATIONS

    Working Under MP Municipal Co-operation Act

    (1956) and MP Municipal Act (1961)

    Objective:

    To planned development

    Providing services to public

    Role:

    Obligation function

    Discretionary function

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    KHADI AND VILLAGE INDUSTRIESCOMMISSION/BOARD(KVIC):

    Established by Parliament in 1956, development ofkhadi and village industries

    Role:

    Establishment of family based units

    Craftsman training

    Rebate on khadi cloth

    Spinning subsidy

    Advertisement

    Technical support

    Marketing

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    Incorporated in 1995 under state financialcorporation act 1951

    Role:

    Fund Base:

    Term loan

    Equipment finance

    Assets credit

    Short term loan

    Working capital

    MADHYA PRADESH FINANCIALCORPORATION (MPFC):

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    Contd

    Hospital financeFinance for professional

    Soft loan

    Composite loan

    Commercial complexFinance for marketing, Public issue appraisal, Credit

    syndication, Corporate advisory services, Schemesof DIC PMRY, RDRY

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    APT ContactAPT Contact

    Landline No. 40824444082444 / 2445 /

    2453

    Mobile No. 97555573079755557307

    Website :

    www.aptinfoservices.com

    E-mail :

    [email protected]@aptinfoservices.com