development of enterpreneurship
TRANSCRIPT
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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