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.

:Planning: Planning-Nature, Importance, Types, Steps and Limitations of Planning; Decision Making Meaning, Types and Steps in Decision Making.

Organizing and Staffing: Organization-Meaning, Characteristics, Process of Organizing, Principles of Organizing, Span of Management (meaning and importance only), Departmentalization-Process Departmentalization, Purpose Departmentalization, Committees- Meaning, Types of Committees. Staffing-Need and Importance, Recruitment and Selection Process.

Directing and Controlling: Meaning and Requirements of Effective Direction, Giving Orders; Motivation-Nature of Motivation, Motivation Theories (Maslow’s 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.

Social Responsibilities of Business: Meaning of Social Responsibility, Social Responsibilities of Business towards Different Groups, Social Audit, Business Ethics and Corporate Governance (Text 1).

Entrepreneurship: Introduction, Evolution of the concept of Entrepreneurship, Entrepreneurship today, Types of Entrepreneurs, Entrepreneurship, Entrepreneurial competencies, Capacity Building for Entrepreneurs.

Identification of Business Opportunities: Introduction, Mobility of Entrepreneurs, Business opportunities in India, Models for opportunity Evaluation.

Business plans: Introduction, purpose of a Business plan, contents of a Business plan, presenting a Business plan, why do some Business plan fail? Procedure for setting up an Enterprise.

Institutions supporting Business opportunities: Central level institutions- National Board for micro, small & medium Enterprises (NBMSME), MSME-DO, National Small Industries Corporation. State level institutions- state Directorate Industries and commerce, District Industries Centres, state financial Corporations, State Industrial Development Corporation (SIDC), State Industrial Area Development Board (SIADB). Other Institutions NABARD, Technical consultancy organisation (TCO), Small Industries Development Bank of India (SIDBI), Export Promotion Councils, Non governmental Organisations.