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pOverview

Curriculum aims to encourage students to empathize and analyze basic mechanism of business and its relevance for resolving major challenges facing the nation in the areas like business and socio-economic development, need for infrastructure and role of ethics in governing the business.

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pObjective & Expected Outcomes

The course aims at following::

a Create awareness about entrepreneurship.

a Stimulating the potential to develop entrepreneurial orientation through innovation and creativity.

a Understanding relationship between business, market, and society.

a Understanding the role of management in creating and maintaining business

The allocation of lectures is approximate and will have review sessions to make 14+2 weeks.

Themes & Sub-themes

pUnit-1:Entrepreneurship (9 periods)

  • Concept, value creation, entrepreneurial mindset-innovation and creativity, entrepreneurial decision making-use of biases and heuristics, risk bearing, social and commercial entrepreneurship

pUnit-2:Business (7 periods)

  • Concept, types, facilitators and inhibitors of business, role of ecommerce and mcommerce, technological innovation and its viability, ethical considerations

pUnit-3: Market and Society (6 periods)

  • Generation and utilization of resources, concept of market, exploring and segmenting the market, demand and supply factors, understanding customer adoption process

pUnit-4: Management (6 periods)

  • Concept, function and culture of management, innovation and technology, managing

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p Project Topics:

  • Understanding the life of celebrated and unsung entrepreneurs.
  • Study the role of government, women, and dalits as entrepreneur.
  • Study the role of social marketing, social entrepreneurship, and social audit.
  • Study the role of different forms of business ownership.
  • Study the online business models and role of ecommerce and mcommerce.
  • Study of Indian model of businesses.
  • Study the shades of business in urban and rural areas.
  • Study various aspects of organizations like Tata, Reliance, Maruti, Hindustan Motors, Wipro, Haldiram, Flipkart, Amul, Amaravati Talluka, Lizzat papad, Google, Apple etc.
  • Study Gandhi's Trusteeship model through Corporate Social Responsibility/Corporate Governance orientation of companies.
  • Study the role of demographic, psychographic, political, competitive, and environmental factors in business.
  • Study the management of businesses like wellness, event management, radio taxies, etc.
  • Study the role of business facilitators like banking, insurance, supply chain, and logistics, etc.
  • Study of Dabbawals and mathematical reasoning.
  • Use and analysis of secondary data sources for business decision making.
  • Writing business plan.

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p Tools and Techniques:

  • Case study and biographical analysis of entrepreneurs.
  • Survey research- Customer satisfaction survey, and opinion polls.
  • Field studies
  • Social audit of projects
  • Social campaigns
  • Analysis of offline and online businesses
  • Experiential exercises and business games
  • Secondary data analysis using MS Excel/SPSS

pASSESSMENT: Total Marks: 75top


p Reading List

aPrinted Material (Essential)

  • Barringer, Bruce R., Ireland Duane R. (2012). Entrepreneurship: Successfully Launching New Ventures (4 ed.). Prentice Hall. pp 77-96.
  • Davies, Paul. (2008). New Business in India: The 21st Century Opportunity. World Scientific Publishing Company. pp 1-23.
  • Desjardins, Joseph.(2009). An Introduction to Business Ethics.(3 ed.). McGrawHill. pp 1-35
  • Kotler, Phillip., Kevin L Keller, Abraham Koshy, & Mithilesh Jha.(2009). Marketing Management. (13 ed.) Prentice Hall. pp 4-30, 177-183, 200-205.
  • Kreitner, R. (2004). Management. (9 ed.). Houghton Mifflin Company. pp. 4-28, 95-99, 353-358, 375-379, 439-454.
  • Nickels, William. G., James M McHugh, Susan. M McHugh. (2012). Understanding Business (6 ed.). Tata Mcgraw-Hill. pp 4-11, 486-496.
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a Supplementary Reading Material

  • Stevenson, Howrad H. (2006). A Perspective on Entrepreneurship. Harvard Business school. Product No. 384131, pp 1-13
  • Cappelli, Peter, Harbir Singh, Jitendra Singh, & Michael Useem. (2010). The India Way: How India's Top Business Leaders Are Revolutionzing Management. Harvard Business Review Press. pp 19-47
  • Rigby, Darrell. (2011, December). The Future of Shopping. Harvard Business Review.
  • Hanna, Richard C, Andrew Rohm, & Victoria L. Crittenden. (2011). The Power of the Social Media Ecosystem. Business Horizon. pp 1-9
  • Tjan, Anthony K., Richard J., & Tsun-Yan Hseih. (2012). Heart, Smarts, Guts, and Luck: What It Takes to Be an Entrepreneur and Build a Great Business. Harvard Business Review Press. pp. 1-9.
  • William, Chuck. (2012). MGMT 4. South Western Cengage Learning. pp 119-128.
  • Scarborough, Norman M. (2011). Essentials of Entrepreneurship and Small Business Management, (6 ed.) Prentice Hall. pp 32-68.
  • Bansal, Rashmi. (2012). Connecingt the Dots. Westland. Inc. pp 1-35
  • Bornstein, D. (2007). How to Change the World:Social Entrepreneurs and the Power of New Ideas. Oxford University Press. pp 48-61.
  • Gladwell, Malcolm. (2008). Outliers: The Story of success. Allen Lane Penguin Book. pp 35-68
  • Zahra, Shaker A., Satish Nambisan. (2012, May-June). Entrepreneurship and strategic thinking in business ecosystems. Business Horizons. pp 219-229.
  • Ferrell, O.C., Fraedrich, John Paul; Ferrell Linda. (2006). Business Ethics: Ethical Decision Making and Cases. (6 ed., Indian adaptation). , Biztantra. pp 1-18.top

a E-resources:

a Films:

  • An Inconvenient Truth (2006)
  • Any Body Can Dance (2013)
  • Barbarians at the Gate
  • Corporate (2006)
  • Do Duni Char (2010)
  • Guru (2007)
  • Oh My God (2013)
  • Pirates of Silicon Valley (1999)
  • Pursuit of Happiness (2006)
  • Rocket Singh (2010)
  • Start-up.com (2001)
  • The Social Network (2010)
  • Tucker-the man and his dreams (1988)
  • Wall Street (1987) top