ME-803 (C) Entrepreneurship and Management Concepts Notes
5 notes for Entrepreneurship and Management Concepts, unit by unit.
Notes for ME-803 (C)
- Unit 1 · Short notes System Concepts Types, definition & characteristics of system concepts · Supra & subsystems, key component · Boundary & interface complexity · Feedback (pull) & feed forward (push) controls · Open flexible‑adaptive system · Computer as closed system
- Unit 2 · Short notes Management Importance, definition and functions of management · Schools of theories, knowledge‑driven learning organization and e‑business · Environment, uncertainty and adaptability · Corporate culture, difficulties and levels of planning · BCG matrix and SWOT analysis · Steps in decision making, structured and unstructured decisions
- Unit 3 · Short notes Marketing and Finance Importance, definition and core concepts of need, want and demand · Exchange & relationships, product value, cost and satisfaction (goods and services) · Marketing environment · Selling, marketing and societal marketing concepts · Four P’s: product, price, placement, promotion · Consumer, business and industrial markets, market targeting, advertising, publicity, CRM and market research
- Unit 4 · Short notes Productivity and Operations Productivity, standard of living and happiness · Types of productivity · Operations (goods and services) vs. project management · Production processes and layouts · Steps in method improvement, time measurement, rating and various allowances · Standard time and its utility
- Unit 5 · Short notes Entrepreneurship Definition and concepts, characteristics, comparison with manager · Classification, theories of entrepreneur, socio‑economic, cultural and psychological aspects · Entrepreneur traits and behavior · Roles in economic growth, employment, social stability, export promotion and indigenization · Creating a venture, opportunity analysis (competitive and technical factors) · Sources of funds
More for ME-803 (C)
Other 8th semester ME subjects
- ME-801 Refrigeration & Air Conditioning
- ME-802 (A) Automobile Engineering
- ME-802 (B) Tribology And Maintenance Engineering
- ME-802 (C) Machine Tool Design
- ME-802 (D) Production Planning and Control
- ME-803 (A) Data Analytics
- ME-803 (B) Energy Conservation, Management & Audit
- ME-803 (D) Management Information System
- ME-804 Simulation And Modeling
- ME-805 MAJOR PROJECT- II