B. E.

(EC / TC)
Choice Based Credit System (CBCS) and Outcome Based Education (OBE)
SEMESTER – V
Technological Innovation and Management Entrepreneurship
Course Code BEC501 CIE Marks 50
Number of Lecture Hours/Week 03 SEE Marks 50
Total Number of Lecture Hours 40 (08 Hours / Module) Exam Hours 03

CREDITS-03
Course Learning Objectives: This course will enable students to:
 Understand basic skills of Management
 Understand the need for Entrepreneurs and their skills.
 Identify the Management functions and Social responsibilities.
 Understand economic development, creativity and Innovation.
 Understand the Ideation Process, creation of Business Model, Feasibility Study and
sources of funding.
MODULE-1 RBT
Level
Management: Nature and Functions of Management – Importance, Definition,
Management Functions, Levels of Management, Roles of Manager, Managerial Skills,
Management & Administration, Management as a Science, Art & Profession
(Selected topics of Chapter 1, Text1). L1,L2
Planning: Planning-Nature, Importance, Types, Steps and Limitations of Planning;
Decision Making – Meaning, Types and Steps in Decision Making
(Selected topics from Chapters 4 & 5, Text 1).
MODULE-2
Organizing and Staffing: Organization-Meaning, Characteristics, Process of
Organizing, Principles of Organizing, Span of Management (meaning and importance
only), Departmentalization, Committees–Meaning, Types of Committees;
Centralization Vs Decentralization of Authority and Responsibility; Staffing-Need
and Importance, Recruitment and Selection Process (Selected topics from Chapters
7, 8 & 11,Text 1).
Directing and Controlling: Meaning and Requirements of Effective Direction,
Giving Orders; Motivation-Nature of Motivation, Motivation Theories (Maslow’s L1,L2
Need-Hierarchy Theory and Herzberg’s Two Factor Theory); Communication –
Meaning, Importance and Purposes of Communication; Leadership-Meaning,
Characteristics, Behavioural Approach of Leadership; Coordination-Meaning, Types,
Techniques of Coordination; Controlling – Meaning, Need for Control System,
Benefits of Control, Essentials of Effective Control System, Steps in Control Process
(Selected topics from Chapters 15 to 18 and 9, Text 1).
MODULE-3
Social Responsibilities of Business: Meaning of Social Responsibility, Social
Responsibilities of Business towards Different Groups, Social Audit, Business Ethics
and Corporate Governance (Selected topics from Chapter 3, Text 1).
Entrepreneurship: Definition of Entrepreneur, Importance of Entrepreneurship,
concepts of Entrepreneurship, Characteristics of successful Entrepreneur, L1,L2
Classification of Entrepreneurs, Myths of Entrepreneurship, Entrepreneurial
Development models, Entrepreneurial development cycle, Problems faced by
Entrepreneurs and capacity building for Entrepreneurship (Selected topics from
Chapter 2, Text 2).
MODULE-4

22082024
Modern Small Business Enterprises: Role of Small Scale Industries, Impact of
Globalization and WTO on SSIs, Concepts and definitions of SSI Enterprises, L1,L2
Government policy and development of the Small Scale sector in India, Growth and
Performance of Small Scale Industries in India, Sickness in SSI sector, Problems for
Small Scale Industries, Ancillary Industry and Tiny Industry (Definition only)
(Selected topics from Chapter1, Text 2).
Idea Generation and Feasibility Analysis- Idea Generation; Creativity and
Innovation; Identification of Business Opportunities; Market Entry Strategies;
Marketing Feasibility; Financial Feasibilities; Political Feasibilities; Economic
Feasibility; Social and Legal Feasibilities; Technical Feasibilities; Managerial
Feasibility, Location and Other Utilities Feasibilities.(Selected topics from Chapter
6(Page No. 111-117) & Chapter 7(Page No. 140-142), Text 2)
MODULE-5
Business model – Meaning, designing, analyzing and improvising; Business Plan –
Meaning, Scope and Need; Financial, Marketing, Human Resource and
Production/Service Plan; Business plan Formats; Project report preparation and
presentation; Why some Business Plan fails? (Selected topics from Chapter 8 (Page
No 159-164, Text 2)
Financing and How to start a Business? Financial opportunity identification;
Banking sources; Nonbanking Institutions and Agencies; Venture Capital – Meaning L1,L2,
and Role in Entrepreneurship; Government Schemes for funding business; Pre launch, L3
Launch and Post launch requirements; Procedure for getting License and Registration;
Challenges and Difficulties in Starting an Enterprise (Selected topics from Chapter
7(Page No 147-149), Chapter 5 (Page No 93-99) & Chapter 8(Page No. 166-172)
Text 2)
Project Design and Network Analysis: Introduction, Importance of Network
Analysis, Origin of PERT and CPM, Network, Network Techniques, Need for
Network Techniques, Steps in PERT, CPM, Advantages, Limitations and
Differences.(Selected topics from Chapters 20, Text 3).
Course Outcomes: After studying this course, students will be able to:
1. Understand the fundamental concepts of Management and Entrepreneurship and
opportunities in order to setup a business
2. Describe the functions of Managers, Entrepreneurs and their social responsibilities
3. Understand the components in developing a business plan, along with the integration of
CSR-Corporate Social Responsibility.
4. Describe the importance of small scale industries in economic development and institutional
support to start a small scale industry and understand the concepts of Creativity and
Innovation and Identification of Business Opportunities.
5. Awareness about various sources of funding and institutions supporting entrepreneurs
Text Books:
1. Principles of Management – P.C Tripathi, P.N Reddy, McGraw Hill Education, 6th Edition,
2017. ISBN-13:978-93-5260-535-4.
2. Entrepreneurship Development Small Business Enterprises- Poornima M Charantimath,
Pearson Education 2008, ISBN 978-81-7758-260-4.
3. Dynamics of Entrepreneurial Development and Management by Vasant Desai. HPH 2007,
ISBN: 978-81-8488-801-2.
4. Robert D. Hisrich, Mathew J. Manimala, Michael P Peters and Dean A. Shepherd,
“Entrepreneurship”, 8th Edition, Tata Mc-graw Hill Publishing Co.ltd.-new Delhi, 2012.
Reference Book:
1. Essentials of Management: An International, Innovation and Leadership perspective by
Harold Koontz, Heinz Weihrich McGraw Hill Education, 10th Edition 2016. ISBN- 978-93-
392-2286-4.

22082024