Business Entrepreneurship

INR 90,000 / $ 1,393.08

  • Program

    Duration: 1 Year

  • Language

    English

Overview

The concept of Entrepreneurial Studies’ has appreciably changed in nature and content over the years. It is no longer considered an assortment of all sorts of arbitrary facts and figures to choose from. Instead, it is now increasingly becoming more of a systematic, purposeful and objective study wide range of disciplines, cultural variances, value systems and environment around us.

Entrepreneurial development and management has come to be recognised globally as of key to rapid and sustainable economic development as well as the welfare and progress mankind.
More so, it is the entrepreneurs who have been largely instrumental in forming a strong link between agriculture and industry. Indeed, the entrepreneurs with their vision and innovative qualities lay down a strong foundation for sustainable growth, be it the industry agriculture trade or the service sectors. Moreover, sustainable growth is most conducive for a healthy society, i.e., an entrepreneurial society.

I have immense pleasure in presenting to my esteemed readers the 21st Century edition of this very popular book. The book consists of new innovative presentations to cope up with the next millennium challenges and opportunities.

Successful new business ventures and economic development do not just happen. They are the result of the combination of environment, planning, effort, and innovation. And this right mix can only be achieved by the entrepreneurs. They provide a clear blueprint for stimulating research, technology, finance to help promote matured enterprises. At the same time, they enrich the eco-system and give boost to economic growth. Economic growth refers to an increase in a country’s production or income capita, with economics total output of goods and services being measured by Gross National Product(GNP), At the present juncture the country needs much more than growth Economic development, on the other hand, goes beyond economic growth to include changes in output, distribution and economic structure which may affect such things as improvement in material well-being of the poor, technical breakthrough, increase in economic activities, increase in the educational level and improvement in health.

Contributing Factors

The factors contributing to economic development are labour, technology, natural resources, capital and entrepreneurship. New business formation is the result of harassing human skills with the developed technology, added by available capital as well as other infrastructure to set in a development process. The key factor in this development process is the entrepreneur. This is the forte of the entrepreneur whose policies and strategies cover such broad areas as production, marketing, financing, pricing and personnel relations. The growth of entrepreneurship largely depends upon effective policies and their efficient implementation.

Whose contributions as an innovator and coordinator will go towards the economic development of the country? Thus, entrepreneurship is the coordination of the production elements.

DIPLOMA IN BUSINESS ENTREPRENEURSHIP

Eligibility: 10th or 10 + 2
Course duration: One year
Course Fee: Rs. 90,000
Admissions: Starts from March each year
Study Material & Blazer Suit Cost Extra
Hostel Facilities available for both Men and Women available at Rs.60,000/- Per year ( without food )

COURSE CONTENT

Unit 1: ENTREPRENEURSHIP

  • Meaning& Definition of Entrepreneurship
  • Entrepreneur & Enterprise
  • Functions of Entrepreneur
  • Factors influencing Entrepreneurship
  • Pros and Cons of being an Entrepreneur
  • Qualities of an Entrepreneur
  • Types of Entrepreneur

Unit 2: SMALL-SCALE INDUSTRIES

  • Meaning & Definition. Product Range – Capital Investment – Ownership Patterns. Meaning and importance of Tiny Industries, Ancillary Industries, Collage Industries. Role played by SSI in development of Indian Economy. -Problems faced by SSI.s and steps taken to solve the problems -Policies Governing SSI’s.

Unit 3: FORMATION OF SMALL-SCALE INDUSTRY

  • Business opportunity, scanning the environment for opportunities, evaluation of alternatives and selection based on personal competencies. Steps involved in the formation of a small business venture: location, clearance and permits required formalities, licensing and registration. Assessment of the market for the proposed project-Financial, Technical. Market and Social feasibility study.

Unit 4: PREPARING THE BUSINESS PLAN (BP)

  • Meaning-importance-preparation -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, Common pitfalls to be avoided in preparation of a BP.

Unit 5: PROJECT ASSISTANCE

  • Financial assistance through SFC.s, SIDBI, Commercial Banks, IFCI Non-financial assistance from DIC, SISI, AWAKE, 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.

SKILL DEVELOPMENT

  • Preparation of a Project report to start a SSl Unit.
  • Preparing a letter to the concerned authority-seeking license to the SS Unit, you propose to start.

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