Management And Entrepreneurship VTU Notes PDF Free Download

Management And Entrepreneurship VTU Notes: Management and Entrepreneurship is an important segment of all commerce courses. For a job in the commercial or business sector, especially in managerial positions, it is necessary to have the basic knowledge of Management and Entrepreneurship.

The Management and Entrepreneurship course provides students with a strong base and a more than sufficient understanding of the subject to thrive in the fields that were mentioned earlier.

Management and Entrepreneurship VTU Lecture Notes are an incredibly important set of study materials, which is why we have provided them for you below, along with the following other Management and Entrepreneurship resources:

Introduction to Management and Entrepreneurship VTU Notes

Management and Entrepreneurship VTU Notes focus on providing students with the appropriate study materials for the course subject.

The Management and Entrepreneurship course looks at what it means to be a manager as well as an entrepreneur in the business world. The course looks at a large variety of subject matter which acts as practical knowledge for the student to apply when going into the commerce field after graduation.

The following are some notes that students of Management and Entrepreneurship may refer to while studying and preparing for examinations.

  • Management and Entrepreneurship VTU Notes PDF
  • Management & Entrepreneurship Notes
  • Lecture Notes on Entrepreneurship
  • Management, Entrepreneurship and Development Notes
  • Entrepreneurship Management – Business Study Notes

BBA and MBA Management and Entrepreneurship VTU Notes – PDF Free Download

Management pertains to how an organisation is run and by whom it is run. It keeps the company or organisation together by providing the people who work behind the scenes to make it function smoothly. An entrepreneur is someone who has an idea that can be profited upon and thus starts an organisation to do the same. Entrepreneurship, by definition, is thus the process of an entrepreneur setting up a business in the hope of gaining some profit from it.

Together, Management and Entrepreneurship make up the backbone of an organisation, such that as a business major, it is critical to study these two. Understanding this necessity of a business student, and also that studying can cause a lot of anxiety, we have tried to make things a lot simpler for you. Let’s dive into the resources that we have put together for the students of Management and Entrepreneurship.

Management and Entrepreneurship VTU Reference Books

The importance of reference books in a student’s life is unending and unreal. We have all had to scour through the library or the internet for a good textbook or reference book to help us through the pressure of getting through our exams.

You need not worry about doing the same for your management and Entrepreneurship course. Below, we have listed several important Management and Entrepreneurship reference books, so do have a look.

  • Entrepreneurship Development, written by S.S. Khanka
  • Dynamics of Entrepreneurial Development and Management, written by Vasant Desai
  • Management, written by Stephen Robbins
  • Management Fundamentals: Concepts, Application, Skill Development, written by Robert Lussier Thomson
  • Principles of Management, written by P.C. Tripathi
  • Entrepreneurship Development, written by Poornima Charantimath

Management and Entrepreneurship VTU Curriculum

The Management and Entrepreneurship VTU curriculum is a fairly simple curriculum which inculcates all the subject matter you need to know as someone who later applies for a job in managerial positions or wishes to start an entrepreneurial venture.

Not only does the Management and Entrepreneurship VTU curriculum help a student understand the nuances of business for a good future, as mentioned before, but it also helps the student with a skeleton of the course. A course outline or skeleton is helpful for students because it ensures that not a single topic in the curriculum has been missed out by the student. It ensures that each topic has been covered so that there will be absolutely no surprises to him or her during the examination.

The following is a module wise, unit wise and topic wise breakdown of the Management and Entrepreneurship VTU curriculum.




Module-I Unit I: Management
  • Introduction – meaning, nature and characteristics
  • Scope and functional areas
  • Management as a Science, Art or Profession
  • Management & Administration
  • Roles of management
  • Levels of management
  • Development of management thought
  • Early and modern management approaches
Unit II: Planning
  • Introduction – nature, importance and purpose of planning process objectives
  • Types of plans
  • Decision making
  • Importance of planning
  • Steps in planning
  • Planning premises
  • Hierarchy of plans
Module-II Unit III: Organising and Staffing
  • Nature and purpose of organisation
  • Principles of organisation
  • Types of organisation
  • Departmentation Committees
  • Centralisation vs decentralisation of authority and responsibility
  • Span of control
  • MBO and MBE
  • Nature and importance of staging
  • Process of selection & recruitment
Unit IV: Directing
  • Meaning and nature of directing leadership styles
  • Motivation
  • Communication – meaning and importance
  • Theories of communication
  • Coordination – meaning and importance
Unit V: Controlling
  • Meaning and steps in controlling
  • Essentials of a sound control system
  • Methods of establishing control
Module-III Unit VI: Entrepreneur
  • Meaning and evolution
  • Functions
  • Types
  • Entrepreneur – an emerging class
  • Concept, evolution and development of entrepreneurship
  • Stages in entrepreneurial processes
  • Role of entrepreneurs in economic development
  • Entrepreneurship in India
  • Barriers to entrepreneurship
Module-IV Unit VII: Small Scale Industries (SSIs)
  • Definition, characteristics, need, rationale, objectives and scope
  • Role of SSI in development
  • Advantages
  • How to start SSI
  • Government policy towards SSI and support during FYPs
  • Policies of SSI
  • Impact of liberalisation, privatisation and globalisation
  • Effect of WTO/GATT
  • Supporting agencies – meaning and nature of support, objectives, functions, types
  • Ancillary and Tiny Industries
Unit VIII: Institutional Support
  • Different schemes
  • Single Window Agency
Module-V Unit IX: Preparation of Projects
  • Meaning, need and significance
  • Project identification, selection and report
  • Contents and formulation
  • Guidelines by Planning Commission
  • Network Analysis
  • Errors in project reports
  • Project appraisal
  • Identification of business opportunities
  • Market, technical, financial and social feasibility study
Unit X: Industrial Ownerships and Partnerships
  • Definition, meaning and characteristics of a partnership
  • Kinds of partners
  • Partnership agreement or deed
  • Registration of partnership firm
  • Rights, duties and liabilities of partners
  • Advantages & Disadvantages of partnerships
  • Sole proprietorship – features, scope, advantages and disadvantages

List of Management and Entrepreneurship Important Questions

When sitting for an exam, one should never get any surprises. This means that a student should always be well prepared enough before an exam. To be well prepared for an exam means that a student should also have gone through each important question there is to go through.

The Management and Entrepreneurship examination consists of about ten questions, where there are two questions pertaining to one respective module. All questions are full questions under which there will be two to four sub-questions each. Out of these ten questions, the students must answer only 5 – this means that the student has to answer 1 question per module for the Management and Entrepreneurship examination.

Here is a list of Management and Entrepreneurship VTU important questions separated by the module.


  1. Explain the steps involved in the planning process and mention its importance and purpose.
  2. Explain the contribution of F.W. Taylor to the theory of management.
  3. Define management and also explain the functional areas of management.


  1. What is staffing? Explain the process of recruitment and selection.
  2. What is controlling? Explain the steps involved in it.
  3. Define leadership and explain its various styles


  1. Differentiate between entrepreneur, intrapreneur and manager.
  2. List some of the commonly attributed reasons for the lack of entrepreneurship in India.
  3. Explain the various stages in the entrepreneurial process.


  1. What are the objectives of market research?
  2. State and explain the guidelines for project reports as given by the Planning Commission.
  3. List the various contents of project reports.


  1. List the different kinds of patents. Explain each of them.
  2. Discuss the case study of:
    1. Microsoft
    2. N.R. Narayanamurthy
    3. Infosys
  3. Explain the following:
    1. NSIC
    2. DIC
    3. KSFC

Frequently Asked Questions about Management and Entrepreneurship VTU Notes

Question 1.
What are the objectives of the Management and Entrepreneurship VTU course?

The Management and Entrepreneurship VTU course has several objectives, which are as follows.

  1. Explaining management, planning, decision making, organisational structure, staffing and leadership processes.
  2. Understanding what an entrepreneur is and also the entrepreneurship development process.
  3. Taking a look at the inner workings of SSIs and understanding what kind of backing agencies and financial help is available.
  4. Understanding how to create a project report.
  5. Understanding partnerships, industrial ownerships and also sole proprietorship.

Question 2.
What is the importance of the Management and Entrepreneurship VTU course?

In the world of business, Management and Entrepreneurship are two important components upon which firms and organisations stand. Thus, learning about Management and Entrepreneurship hold incredible importance and necessity, especially for those who would like to go into business administration or start businesses of their own.

Question 3.
What is the question paper pattern for Management and Entrepreneurship VTU exams?

The Management and Entrepreneurship question paper consists of 5 sections, one for each module. Each section has two full questions, of which the student must select one from every module. All in all, in the Management and Entrepreneurship examination paper, the student must select a total of five questions, one from each module and answer it diligently. Each question holds 16 marks; thus, the entire paper consists of a total of 80 marks.

Question 4.
What are some good Management and Entrepreneurship reference books I can use?

Some good Management and Entrepreneurship reference books are listed below. These reference books have also been suggested to students by the course heads of the Management and Entrepreneurship subject.

  1. Management written by Stephen Robbins
  2. Entrepreneurship Development written by S.S. Khanka
  3. Management Fundamentals – Concepts, Applications and Skill Development written by Robert Lusier Thomson


All in all, we have provided some fantastic resources for the Management and Entrepreneurship course. This course will help you in your path to working in a corporate office, or even in starting your own business. In order to help you get there, we have provided Management and Entrepreneurship VTU Notes, a list of the best Management and Entrepreneurship reference books, the topic-wise breakdown of the Management and Entrepreneurship curriculum and also a list of Management and Entrepreneurship important questions. Hopefully, you can use these notes to the best of your abilities and get on the path you were meant to be on with the help of Management and Entrepreneurship VTU Notes and other references.