Entrepreneurship Developn ProgramName = Diploma in Textile Manufacturers Program Code: TX Semester Course Title Course Code ship Development 1 RATIONALE Globalisation, liberalization and privatization along with revolution in information technolo; have opened up new opportunities transforming lives of masses. In this context, there is immense opportunity of establishing manufacturing, service, trading, marketing and consultancy enterprises by diploma engineer. Our fast growing economy provides ample scope for diploma engineers to suceced as an entrepreneur. Entrepreneurship requires distinet skill sets which are attempied to be developed through this course. To begin with, this course aims to develop the competency and the related outcomes in order {o start small enterprises. 2. COMPETENCY The aim of this course is to help the student to attain the following industry identified competency through various teaching leaning experiences: © Develop project proposals to launch small seale enterprises. 3. COURSE OUTCOMES (COs) The theory, practical experiences and relevant soft skills associated with this course are to be taught and implemented, so that the student demonstrates the following industry oriented COs associated with the above mentioned competency: Identify your entrepreneurial traits Identify the business opportunities that suits you. Use the support systems to zero down to your business idea. Develop comprehensive business plans Prepare plans to manage the enterprise effectively, saese 4, TEACHING AND EXAMINATION SCHEME “Teaco PraminatonSchme Cri Pra L (ater Total Total Max Min) Man | Min | Max | Min ee Nin ~ [= [50@ | 20 2 na [a0 (8):Online Examination; (-):PA hus ovo components under practical marks i.e. the assessment of practicals (seen in section 6) has a weightage of 60% (i.e.15 marks) and micro- project assessment (seen in section 12) and the remaining has a weightage 40% (ie.10 marks) will be average of 2 tests to be taken during the semester for the assessment of the cognitive domain UOs required for the attainment of the COs. Legends: L-Lecture; T— Tutorial/Teacher Guided Theory Practice; P - Practical; C~ Credit, ESE - End Semester Examination; PA - Progressive Assessment $: Online examinatign, Ci. 5. COURSE MAP (with sample COs. PrOs, UOs. ADOs and topies) “MSBTE — Updated on 24. Page 1 of 12Entrepreneurship Developmen This course map illustrates an overview of the Now and linkages of the topics at various levels of outcomes (details in subsequent sections) to be attained by the student by the endl of the course. in all domains of learning in tems of the industry/employer identified competency depicted at the centre oF this map. fain \. 1 tances dosage li at Figure 1 - Course Map 6. SUGGESTED PRACTICALS/ EXERCISES the practicals in this section are PrOs (i.e. sub-components of the COs) to be developed and assessed in the student for the attainment of the competency. Practical Outcomes (PrOs) . ee —_——___. 1 Submit a profile summary(aboutS00words) of a successful cenrepreneure indicating milestone achievements 2 Undertake SWOT analysis to arrive at_ your busi | produet/service, 3___| Generate business ideas(product/service) for intrapreneurial and MSBTE ~ Updated on 24.10.2018 Page 2 of 12Entreprencuship Development a Conse Conte: 22032 I a Appr | No. Now | Required | Undertake sel assessment test to discover your entrepreneurial) TL a) - traits. - — I _| 5 Identify the business opportunity suitable for you. u oO} 6 Azrange an exhibition cum sale of products prepared out of 2 | waste. | 7 Survey industries of your stream, grade them according to the om} Jevel of scale of production, investment, turnover, pollution to " | | prepare a report on it, a Visit a bank/financial institution to enquire about various funding | IIL 02 | schemes for small scale enterprise. _ Collect loan application forms of nationalise banks/other ML 02 | fins Compile the information from Financial agencies that will help | TT oo | |_you set up your business enterprise. Compile the information from the government agencies that will | TIT 02 help you set up your business enterprise. - Prepare Technological feasibility report of a chosen ML 2 Feasibility report ofa chosen product/service. | IM | 02. Craft a vision statement and enabling mission statements for your | IIL 02 chosen enterprise. Zz Prepare a set of short term,medium and long term goals for mm 02 starting a chosen small scale enterprise || Prepare marketing strategy for your chosen product/service. Ww | 02" Compile information about various insurance schemes covering | 1V 02 different risk factors. | Organize a Funfair of your class and write a report of profitiloss | V 02 Find the breakeven point for the business idea chosen by you Vv 02 ‘Arrange a discussion session with your institute’s pass out Vv 02 |__| students who are suecessfil entrepreneurs, - 1__| Prepare business plan for your chosen small scale enterprise | _V__| 02 [ - - Total 2 Note: i. A suggestive list of PrOs is given in the above table, More such PrOs can be added to attain the COs and competency. A judicial mix of minimum 12 or more practical need to be performed, out of which, the practicaly marked as “*' are compulsory, so that the student reaches the ‘Precision Level’ of Dave's ‘Psychomotor Domain Taxonomy’ as generally required by the industry ji, The ‘Process’ and ‘Product’ related skills associated with each PrO is to be assessed according 10 a suggested sample given below. Sample Produets that can be manufactured under SME 1. Badges cloth embroidered and metals 2. Bags of all types ic. made of leather, cotton, canvas and jute ete. including kung bags. sleeping bags and water-proof bag ST MSBTE — Updated on 24.10.2018 Page 3 of 12 2Entrepreneurship Development Course Code 6 8 9 10. uN 12. 13, 14 15. 16, 7. 18. 19. 20. 21 22, 23, 24. 25. 26. 27. 28. 29. 31 33, 34, 35. 36. 37. 38. 39. 40. 41 42. 43. 44. 45. 46. 47. 48. MSBTE ~ Updated on 24.10.2018 Bandage cloth Basket cane (Procurement can also be made liom State Forest Corpn. and State Nandlicrafis Corporation) Bath tubs of plastic Battery Charge Belt leather and straps Bolts and Nuts Boot Polish Broom Domestic Brushes of different types Buckets of all types of plastic Button of all types Chappals and sandals Cleaning Powder Cloth Covers for domestic use Cloth Sponge Coir mattress cushions and matting Cotton Pouches Curtains mosquito Domestic Electric appliances as per BIS Specifications: Toaster Electric, Elect. Iron, Hot Plates. Elect. Mixer, Grinders Room heaters and convectors and ovens Dust Bins of plastic Dusters Cotton all types except the items required in Khadi Electronic door bell Emergency Light (Rechargeable type) Hand drawn carts of all types Hand gloves of all types Hand numbering machine Hand Pump Hand Tools of all types Handles wooden and bamboo (Procurement can also be made from State Fi Coupn. and State Handicrafts Corporation) est . Haver Sacks Honey Invalid wheeled chairs. Iron (dhobi) Lamp holders Letter Boxes Nail Cutters Oil Stoves (Wick stoves only) Paper conversion products, paper bags, envelops, Ice-cream cup. paper cup and saucers and paper Plates Pickles, Chutney and Pappads Pouches for various purposes Safe meat and milk Safety matches Safety Pins (and other similar produets like paper pins, staples pins ete.) Shoe laces ign Boards painted Soap Liquid Page 4 of 12 Wi_Eirepreneurship Development 49. 50, Sl 32. Sample Sei 16. 7 18, 19. 20. 21 22. 23. 24. 25. 26. 27. 28. 29. 30. 31 =p) z daly ately) Course Coste: 22032 Spectacle frames Steel Chair Umbrellas Utensils all types ices that ean be offered under SME Marketing Consultaney Industrial Consultancy Equipment Rental & Leasing Typing Centres Photocopying Centres (Zeroxing) Industrial photography Industrial R & D Labs. Industrial Testing Labs. Desk Top publishing Advertising Agencies Internet Browsing/Setting up of Cyber Cafes ‘Auto Repair, services and garages Documentary Films on themes like Family Planning, Social forestry, energy conservation and commercial advertising Laboratories engaged in testing of raw materials, finished products ervicing Industry’ Undertakings engaged in maintenance. repair. testing or clectronie/electrical equipment! instruments i.e. measuring/control instruments servicing of all types of vehicles and machinery of any description including televisions, tape recorders, VCRs, Radios, Transformers, Motors, Watches. Laundry and Dry Cleaning X-Ray Clinic Tailoring Servicing of agriculture farm equipment e.g, Tractor, Pump, Rig, Boring Machines. Weigh Bridge Photographic Lab Blue printing and enlargement of drawing/designs facilities ISD/STD Booths Teleprinter/Fax Services Sub-contracting Exchanges (SCXs) established by Industry Associations. Coloured or Black and White Studios equipped with processing laboratory. Ropeways in hilly area: Installation and operation of Cable TV Network: Operating EPABX under franchises Beauty Parlours Creches. Performance Indicators Weightage in % Leadership skills ‘Team work Lateral/ereative thinking. Observations and recording Self learning Answer the sample questions Submission of report in time MSBTE — Updated on 24.10.2018 Page 5 of 12 iEnueprevewrship Development Course Code: 22032 S.No. | Performance Indicators Weightage in ° 100 Total ‘The above PrOs also comprise of the following social skills/attiudes whieh are Affective Domain Ourcomes (ADOs) that are best developed through the laboratory/field based experiences: a. Follow safe practices b. Practice good housekeeping Practice energy conservation 4, Demonstrate working as a leader/a team member Maintain tools and equipment {Follow ethical practices, The ADOs are not specific to any one PrO. bul are embedded in many PrOs. Hence, the acquisition of the ADOs takes place gradually in the student when s/he undertakes a series of practical experiences over a period of time. Moreover. the level of achievement of the ADOs according to Krathwohl's ‘Affective Domain Taxonomy” should gradually inerease as planned below: * ‘Valuing Level’ in 1" year © ‘Organising Level’ in 2" year © ‘Charaeterising Level’ in 3"! year MAJOR EQUIPMENT/ INSTRUMENTS REQUIRED ‘The major equipment with broad specification mentioned here will usher in uniformity in conduct of experiments, as Well as aid to procure equipment by authorities concerned. ls uipment Name with Broad Specific: = [1 | Seminar Hall equipped with conference table.chairs and multimedia facilities | All| |2__| Modern desktop Computer_with intemet connection, _ al UNDERPINNING THEORY COMPONENTS, The following topics are to be taught and assessed in order to develop the sample UOs given below for achieving the COs to attain the identified competency. More UOs could be added, T Unit Outcomes (In cognitive domain) Ja. Describe the procedure to | 1.1 Entrepreneu | evaluate your 12 rship entrepreneurial traits as a Developmen | career option for the given | | t- Coneept product to be manufactured and Scope or services to be rendered. | 1b. Explain the given terms related to Entrepreneurship le. Describe the salient features of the resources required for | 1.3 starting the specified enterprise. MSBTE ~ Updated on 24.10.2018 Page 6 of 12 Topies and Sub-topies Entreprencurship as a career ‘Traits of successful intrapreneur/ entrepreneur: consistency, creativity, initiative, independent decision making. assertiveness sion, persistence, n seeking, handling business communication, commitment to work contract, calculated risk taking. Entrepreneurship : scope in local ander} global market. ‘Se ON Intrapreneur and entrepreneur / \Eneprencurship Development [Unit | Unit— 1 Entreprencu (rial | Opportuniti esand selection | process | Support Systems (Unit 20, 2e, 3e, |. Suggest the steps for the Describe the support Unit Outeomes | Topics and Sub-topies y the chara 1.5. Types of enterprises and their features | for a given type of | enterprise ‘Artive at a business opportunity on the basis of given data/cireumstances with justification. Describe the scheme(s) offered by the government for starting the specified enterprise, Suggest a suitable place for setting up the specified enterprise on the basis of given data/cireumstances with justification, selection process of an enterprise for the specified product or service with justification. Describe the market study procedure of the specified enterprise, requited for the specified enterprise. Describe the help provided by the government agencies for the specified product/service, Deseribe the help provided by the non-governmental agencies for the specified product/service. Compute the breakeven point for the specified business enterprise, stating the assumptions made, 16 T ProduevService selection: Process. Categorisation of MSMF, ancillary 34 Course Code: 22037 inanufacturing, service and trading Steps in setting up of a business. core competence, produet/serviee lie cycle. development process. mortality curve, creativity and innovation in produet/ service modification / development. Process selection: Technology life cycle, forms and cost of transformation, factors affecting process selection, location for an industry, material handling. Market study procedures: questionnaire design, sampling. market survey, data anal, Getting information from concerned stakeholders such as Maharashtra Centre for Entrepreneurship Development[MCED], National Institute for Micro, Small and Medium Enterprises [NI-MSME], Prime Minister Employment Generation Program [PMEGP], Directorate of Industries{DI), Khadi Village Instries Commission[KVIC] ww produet/ service industries Support systems- goverment agencies: MCED, NI-MSME, PMEGP,DI, KVIC Support agencies for entrepreneurship guidance, training, registration, technical consultation, technology transfer and quality control, marketing and finance. Breakeven point, return on investment and return on sales. MSBTE ~ Updated on 24.10.2018. Page 7 of 2 aEntrepreneurship Developonent Conse Coe: 22032 Unit | Unit Outcomes ] ~ Topies and Sub-topies (In cognitive domain) | UNITIV da, J tify the importanee of the | 4.1 Sources of Produet for Busi Business business plan for the given Feasibility study Plan productiserview. 1.2 Ownership, Capital. Budgeting, Preparation | 4b. Explain the key elements for Matching enteepreneur with the | the given business plan with project . feasibility report preparation | respect to their purpose’size. | and evaluation criteria | | 4c. Prepare the budget for the | 4.3. Business plan preparation | given venture. | 4d. Prepare the details of the given component of the given startup busi ess Unit -V Sa, Justify the USP of the given | 5.1 Unique Selling Proposition [U.S.P.J: Managing produet/ service from dentification, developing a marketing Enterprise marketing point of view, plan, | Sb. Formulate a business policy | 5.2. Preparing strategies of handling | | for the given business: policy making. negotiation | | product/service and bargaining techniques. Hl Se. Choose the relevant 5.3 Risk Management: Planning for negotiation techniques for calculated risk taking, initiation with the given product/service low cost projects, integrated futuristic with justification, planning, angel investors, venture Sd. Identify the risks that you capitalist, may encounter for the given | 5.4 Incubation centres: Role and type of business/enterprise procedure, with justification, Se. Describe the role of the incubation centre for the | given product/service, | Note: To attain the COs and competency, above listed UOs need fo be undertaken to achieve the ‘Application Level’ of Bloom's ‘Cognitive Domain Taxonomy’ 9, SUGGESTED SPECIFICATION TABLE FOR QUESTION PAPER DESIGN Unit Unit Title Distribution of Theory Marks No. R u | A | Total Level_| Level | Level | Marks | nirepreneurship Development - > |! | Concept and Scope 4 | 4 2 2 | % | yy | Entrepreneurial Opportunities and 8 7 a a 1 | | Process Selection - |_HIL_ | Support Systems 8 4 4 2 10 IV_| Business Plan Preparation 8 6 | 4/4 14 V_| Managing Enter 4 2 4 [2 8 MSBTE — Updated on 24.10.2018 Page 8 of 12 4Enuepreneueship Development Comse Covle: 22032, Note: This specification table provides general guidelines to assist students for their learning aul to teachers to teach and assess students with respect to attainment of GOs. The actual distribution of marks at different taxonomy levels (of RU and Ay in the question paper may vary from above table, We. SUGGESTED STUDENT ACTIVITIES Other than the elassroom and laboratory learning, following are the suggested student-related co-curricular activities which can be undertaken to accelerate the attainment of the various outcomes in this course: Students should conduct following activities in group and prepare reports of about S pages for each activity, also colleevrecord physical evidences for theit (student's) portfolio which will be useful for their placement interviews: a, Develop two products from household waste (attach photographs). b. Download product development and innovative films from intemet. €. Prepare a collage for "Traits of successful entreprencur Invite entrepreneurs, industry officials, bankers for interaction, Identify your hobbies and interests and convert them into business idea. Convert you project work into business, Choose a product and design a unique selling preposition. brand name. logo, advertisement (print, radio, television), jingle, packing, packaging, label for it, h. Develop your own website. Share your strengths and weakness on it. Declare your time bound goals and monitor them on the website. i, Choose any advertisement and analyse its good and bad points, j. Decide any product and analyse its good and bad features. k. Select any product and prepare its cast sheet. 1. Choose any product and study its supply chain: m. Arrange brainstorming sessions for improvement of any product n. Study schemes for entrepreneurship promotion of any bank. ©. Visit industrial exhibitions, trade fairs and observe nitty-gritty of business p. Open a savings account and build your own eapital q. Organise industrial visit and suggest modifications for process improvement, r. Interview at least four entrepreneurs or businessman and identify Charms of entrepreneurship and Traits of suecessful entrepreneurs, s. Analyse case studies of any two successful entrepreneurs. 1. Perform a survey and identify local resources available for setting up of an enterprise u, Engage in marketing of products. y. Carry out a demand supply gap analysis for a particular product. W. Organise a prototype development competition. x. Arrange fairs, events in the institute and try for sponsorships. y. Select any performance criteria and continuously compete with yourself. z. Onany performance criteria continuously compete with others. aa. Foresee your dream and make a long term plan for its accomplishment. bb. Dream for something unique and make a write-up. ce, Read articles, books on creativity. dd, Using morphological analysis technique, reduce cost or increase quality of a product ee. Conduct a market survey for a project. Collect data on machinery specifications, price, output/hr, power consumption, manpower requirement, wages. raw material requirement, specification, price, competitor's product price, features, dealer ‘commissions, marketing mix. ff Prepare a business plan and organize a business plan competition. Select a social cause, set objectives, plan and work for its accomplishment , f/ MSBTE — Updated on 24.10.2018 Page 9 of 12