MAHARASHTRA STATE BOARD OF TECHNICAL EDUCATION

VIDYAVARDHINI’S BHAUSAHEB VARTAK

POLYTECHNIC ,VASAI ROAD WEST

MICRO PROJECT
Academic year: 2022-2023

Title of Micro Project:

Prepare report on study of
management applied to Small
Scale Industry

Program/Code: Computer Engineering (CO) Semester: SIXTH

Course/Code : management (22509)

Name: Satvik Pereira, Stalin Rodrigues, Claris Dsouza, Sanal Rodrigues

Roll No:1905, 1906, 1907, 1908

Enrolment No.: 2000930064,2000930065,2000930066,2000930067

Name of Faculty: Mr. Hanumant Bhosale

 MAHARASHTRA STATE BOARD OF TECHNICAL
EDUCATION

Certificate

This is to certify that Mr. /Ms. Satvik Pereira, Stalin Rodrigues, Claris Dsouza, Sanal-
Rodrigues

Roll No:1905,1906,1907,1908of FIFTH Semester of Diploma in of Institute, B.V.

POLYTECHNIC

(Code: 0093) has completed the Micro Project satisfactorily in Subject Management (22509)

for the academic year 2022-2023 as prescribed in the curriculum.

Place: Vasai

Enrolment No: 2000930064,2000930065,2000930066,2000930067

Date: ……………………… Exam. Seat No: …………………………………….

Subject Teacher Head of the Department Principal

Seal of

Institution
 Annexure - I

Part A: Micro Project Proposal

1.1Aim/Benefits of the Micro-Project: Prepare report on study of management applied to Small Scale
Industry
Course Outcomes integrated:
a. Use basic management principles to execute daily activities.
b. Use principles of planning and organising for accomplishment of tasks.
c. Use principles of directing and controlling for implementing the plans.
d. Apply principles of safety management in all activities.
e. Understand various provisions of industrial acts.
3.1 Proposed Methodology:
1. Literature survey.
2. Collect information through different sources
3. Analysis of data.
4. Compilation of collected data.

4.0 Action Plan

Sr. Planned Planned Name of

Details of the activity
No. Start date Finish date Members
1 Formation of Group & Topic Selection All members
2 Submission of Proposed Plan All members
3 Preparation of Report All members
4 Final valuation of a working Report All members
5 Presentation of Report All members
6 Submission of Final Report All members

5.0 Resource Required:

Sr.
Name of resources/Material Specifications Qty Remarks
No.
Processor: i3
1. Computer 1
RAM : 4.00 GB
2. Microsoft Word Word -2016
3. Printer Hp Laser Jet 1
4. Book/ website name
6.0 Name of Team Members with Roll No:

Roll No Individual
Sr. Process and Total
Name of Students Presentation
No. Product
assessment (06) (04) (10)

01 1905 Satvik Pereira

02 1906 Stalin Rodrigues

03 1907 Claris Dsouza

04 1908 Sanal Rodrigues

Name & Signature of Faculty: Mr. Hanumant Bhosale

 Annexure- I

Final Micro Project Report

Title: Prepare report on study of management applied to Small Scale Industry

Rationale: An Operating is basically a system program that controls the execution of application
program and act as interface between application and the computer hardware. It manages the
computer system resources to be in efficient manner. This course is prerequisite for the group of
course included in ‘Cloud Infrastructure Maintenance’ Elective group
2. 0 Course Outcomes Integrated:
a. Use basic management principles to execute daily activities.
b. Use principles of planning and organising for accomplishment of tasks.
c. Use principles of directing and controlling for implementing the plans.
d. Apply principles of safety management in all activities.
e. Understand various provisions of industrial acts.
3.0 Actual Procedure Followed.
1 Discussion about topic with guide and among group members
2 Literature survey
3 Information collection
4 Compilation of content
5 Editing and revising content
6 Report Preparation
4.0: Actual Resources Required:

Sr.
Name of resources/Material Specifications Qty Remarks
No.
Processor: i3
1. Computer 1
RAM : 4.00 GB
2. Microsoft Word Word -2016
3. Printer Hp Laser Jet 1
4. Book/Site name

7.0 Skill Developed/Learning outcomes of this Micro-Project

The following skills were developed:
a. Develop group discussion skills.
b. Communication skills improved.
c. MS WORD skills developed.
d. Data collection skill
e. Presentation of collected data
 Annexure - III

Rubrics for Assessment of Micro-Project

Title: Prepare report on study of management applied to Small Scale Industry

Institute Code: 0093 Academic year: 2022-2023

Program: CO Course & Code: MAN(22509)
Name of Candidate: Roll No:
Semester: SIXTH Name of Faculty: Mr. Hanumant Bhosale

Sr. Poor Average Good Excellent

Characteristic to be Assessed
No. (Marks 1-3) (Marks 4-5) (Marks 6-8) (Marks 9-10)

1. Relevance to the Course

Literature
2.
Survey/Information
Collection
3. Project Proposal
Completion of the Target as
4.
perProject Proposal
5. Analysis of Data and
Representation
6. Quality of Prototype/Model

7. Report Preparation
8. Presentation

9. Viva
 Annexure- IV

Micro-Project Evaluation Sheet

Title: Prepare report on study of management applied to Small Scale Industry

Institute Code: 0093 Academic year: 2022-2023

Program: CO Course & Code: MAN(22509)
Name of Candidate: Roll No:
Semester: SIXTH Name of Faculty: Mr. Hanumant Bhosale
Course Outcomes Achieved:
1. Identify your entrepreneurial traits.
2. Identify the business opportunities that suit you.
3. Make Use of the support systems to zero down on your business idea.
4. Develop a comprehensive business plan.
5. Prepare plans to manage the enterprise effectively.
Evaluation as per Suggested Rubric for Assessment of Micro Project:
Sr. Characteristic to be Poor Average Good Marks Excellent Sub
No. assessed Marks Marks 4-5 6-8 Marks 9-10 Total
1-3
(A) Process and product assessment Out Of 6

1 Relevance to the course

2 Literature Survey .
Information Collection
3 Completion of the
Target as per project
proposal
4 Analysis of Data and
representation
5 Quality of
Prototype/Model/Conte
nt
6 Report Preparation
(B) Individual Presentation/Viva Out of 4
7 Presentation .
8 Viva

Name and designation of the Faculty Member: Mr. Hanumant Bhosale

 Weekly Activity Sheet
Topic: Prepare report on study of management applied to Small Scale Industry

Institute Code: 0093 Academic year: 2022-2023

Program: CO Course & Code: MAN(22509)
Name of Candidate: Roll No:

Semester: SIXTH Name of Faculty: Mr. Hanumant Bhosale

SR. NO WEEK ACTIVITY PERFORMED

1. 1st Week Discussion and Finalization of Topic

2. 2nd Week Literature Review
3. 3rd Week Submission of Proposed Plan
4 4th Week Information Collection
5. 5th Week Analysis of Data
6. 6th Week Compilation of content
7. 7th Week Editing and Revising the Content
8. 8th Week Report Preparation
9. 9th Week Report Preparation
10. 10th- 12th Week Presentation

Signature of Student Dated Signature of Faculty

Introduction:
Small-scale industries play an essential role in the growth and development of any country's
economy. These industries help in providing employment opportunities, contribute to the
country's gross domestic product (GDP), and facilitate the process of industrialization.
However, managing a small-scale industry can be challenging due to limited resources and
personnel. Therefore, the application of effective management techniques can help small-
scale industries to enhance their performance and achieve their objectives.

Objective:
The primary objective of this study is to explore the management techniques applied to small-
scale industries and their impact on their overall performance.

Overview of Small Scale Industries:

Small scale industries are businesses that operate on a small scale and have limited capital,
resources, and workforce. These industries play a vital role in the development of the
economy as they provide employment opportunities, promote entrepreneurship, and
contribute to the GDP. Small scale industries can be classified into two categories, i.e.,
manufacturing and service-oriented. The management of small scale industries differs from
that of large-scale industries due to their limited resources and workforce.
Advantages Of SSI:-

• Close supervision
• Nature of demand
• More employment
• Need of small capital
• Easy management
• Freedom of work
• External economies
• Direct relation between the workers and the employee
• Direct relation between the customers and the produce

Disadvantages Of SSI:-

• High cost of production

• Wastage of by-products
• Less use of machine
• Lack of division of labour
• Lack of research
• Old techniques
• Costly raw material
• Difficulty in getting loans
• Difficult to face economic crisis
Management Practices in Small-Scale Industries:
Management practices refer to the various activities, processes, and strategies used by
managers to achieve organizational goals. These practices are critical for the success of any
enterprise, and small-scale industries are no exception. Effective management practices can
help small-scale industries improve productivity, increase efficiency, reduce costs, and
enhance overall performance. The following are some of the management practices
commonly applied in small-scale industries:
1. Planning:
Planning involves setting goals, defining objectives, and developing strategies to achieve
them. Effective planning is critical for the success of small-scale industries. It helps managers
to anticipate and prepare for potential challenges, identify opportunities, allocate resources
effectively, and develop realistic timelines for achieving goals.
2. Organizing:
Organizing involves arranging resources, assigning tasks, and creating a structure for the
enterprise. Effective organizing helps small-scale industries to optimize the use of resources,
reduce duplication of efforts, and improve communication and collaboration among team
members.
3. Staffing:
Staffing involves recruiting, selecting, training, and developing employees. Small-scale
industries rely heavily on their workforce, and effective staffing is crucial for their success.
Hiring the right people, training them effectively, and providing opportunities for career
development can help small-scale industries to build a skilled and motivated workforce.
4. Directing:
Directing involves guiding, motivating, and supervising employees to achieve organizational
goals. Effective directing can help small-scale industries to enhance productivity, reduce
errors, and improve the quality of their products or services.
5. Controlling:
Controlling involves monitoring performance, identifying deviations from plans, and taking
corrective actions to ensure that goals are achieved. Effective controlling can help small-scale
industries to identify and resolve issues before they become major problems, and improve
overall performance.
Challenges Faced by Small-Scale Industries:
Small-scale industries face a range of challenges that can impede their success. Some of the
key challenges include:
1. Limited Capital:
Small-scale industries often have limited access to capital, making it difficult to invest in new
technology, equipment, and facilities. This can result in lower productivity, reduced
efficiency, and slower growth.
2. Limited Resources:
Small-scale industries may have limited access to resources such as raw materials, skilled
labor, and technology. This can limit their ability to compete with larger enterprises and may
result in lower quality products or services.
3. Competition:
Small-scale industries operate in highly competitive markets, often facing competition from
larger enterprises with greater resources and economies of scale. This can make it difficult for
small-scale industries to gain market share and achieve sustainable growth.
4. Regulatory and Legal Issues:
Small-scale industries may face a range of regulatory and legal issues, including compliance
with environmental and safety regulations, taxes, and labor laws. Failure to comply with
these regulations can result in penalties, fines, or legal action, which can be costly and time-
consuming.
5. Marketing:
Small-scale industries may face challenges in marketing their products or services effectively.
Limited marketing budgets, lack of marketing expertise, and competition from larger
enterprises can all make it difficult for small-scale industries to reach their target customers
and promote their brand.
Characteristics of SSI:-

1. Ownership: SSI’s typically square measure below single possession. thus it will either be a
sole proprietary or generally a partnership.

2. Management: Generally, each the management and therefore the management is with the
owner/owners. thus the owner is actively concerned within the every day activities of the
business.

3. Labor Intensive: SSI’s dependence on technology is pretty restricted. thus they have an
inclination to use labour and work force for his or her production activities.

4. Flexibility: SSI’s square measure additional adaptable to their dynamic business

surroundings. thus just in case of amendments or sudden developments, they're versatile
enough to adapt and continue, not like massive industries.

5. restricted Reach: Small scale industries have a restricted zone of operations. Hence, they will
meet their native and regional demand. 6. Resources utilisation: They use native and pronto
out there resources that helps the economy totally utilize natural resources with minimum
wastage.
Objectives of SSI:-

Small enterprises generally aim at enjoying complementary role within the socio economic
found out of a rustic. Its practical objectives aren't solely business however additionally social.

• The basic objectives of small-scale business are:

(i) Providing accumulated employment opportunities on honest and cheap terms.

(ii) Promoting production of an oversized kind of goods-specially goods through effortful

ways.

(iii) Encouraging adoption of contemporary techniques within the unorganised ancient sector
of the trade while not inflicting any perceptible technological state.

(iv) Facilitating a good mobilisation of resources of capital and talent which might have
otherwise remained unutilised.

(v) group action the viable little sector with the very important massive scale-sector.

(vi) Encouraging and supporting the native talent and utilising native resources to realize native
self-reliance.

(vii) Avoiding the issues of unplanned urbanisation of industries,

(viii) guaranteeing a additional even handed distribution of the value Associate in Nursing a
balanced industrial growth in numerous regions thus on lay down a basis for an primarily
localised socio-economic set-up.

(ix) making a replacement cadre of small-entrepreneurs, skilled and self used consultants.

(x) Correcting regional disparities in industrial growth through locational spread of small-
enterprises.
Role of Small Scale Industries:-

1) Small Scale industries give Brobdingnagian scope for increasing employment.

2) They area unit labour intensive and need relatively very little capital to start out with.

3) They facilitate production of commodity and thus will meet the demand for shopper
merchandise.

4) They facilitate reduction of costs.

5) They accelerate the speed of commercial growth.

6) They facilitate in equitable distribution of national wealth.

Principles of management:-

1. Division of work:- Dividing the complete work of the organization among people and
making departments is named the division of labor. Division of labor ends up in specialization
helps to extend potency which ends up in enhancements within the productivity and profit of
the organization.

2. Discipline:- Discipline suggests that relevancy the foundations and rules of the organization.
Discipline could also be self-discipline, or it should be implemented discipline.

3. Unity of command:- in line with this principle subordinate should have and receive orders
from just one superior.

4. Unity of direction:- One head and one arrange for a bunch of activities with an equivalent
objectives. Al activities that have an equivalent objective should be directed by one manager,
and he should use one arrange. this can be known as unity of direction.

5. Authority and responsibility:- There ought to be a balanced between authority and

responsibility .The right to present orders ought to be thought of while not regard to
responsibility.

6. Scalar chain:- The chain of command, generally known as the scalar chain, is that the formal
line of authority, communications, and responsibility at intervals a company.

7. Equity:- in line with this principal , manager , ought to treat all staff with fairness, kindness
and justice. this may build staff to be additional loyal and devoted towards the organization.
Steps to manage Small Scale Industry:-

1.Be ready To Grow When you launched your company your goal was to succeed. whereas
your business arrange could have printed metrics of what that growth would possibly seem
like, actively getting ready for it had been a additional holistic approach. Be proactive
concerning next steps before they happen thus you'll manage them fitly while not losing your
grip on them.

2. Get Your internal control so as It’s straightforward to lose sight of maintaining quality
standards once your company is apace increasing. Remember, it’s not solely however you’ve
given yourself to your customers, however what you provide that LED to your success. If you
don’t have already got one, place along a team to possess oversight over your internal systems,
development, producing, etc. the kind of internal control required to succeed is totally different
for every business, thus gear yours to what suits you and your standards best.

3. remain prime Of rock bottom Line Your profits could look superb, however if you see a
disconnection with the value of doing business you’ll need to stay a watch thereon increase.
There’s forever a touch risk once moving forward, however you don’t need to search out
yourself outspending what you'll afford to urge to ensuing level. Keep your eye on the numbers
and follow them consequently. This truly leads US right into step range four.

4. create changes For Growth Keep Associate in Nursing open mind to those areas which will
ought to decrease whereas being aware of wherever you actually do ought to expand. for
instance, to form a additional economical team you'll ought to add additional managers,
however lose performance reviews. or even you lose causation out paper memos, however add
sensible tablets. creating the foremost effective shift required to assist you manage your growth
can assist you to remain relevant and economical.

5. kind an excellent Support Team You’ve detected the phrase “you area unit solely as robust
as your weakest link”. enable your team members to play to their strengths and reward them
for it. In turn, they'll reward you with unimaginable results and create the bottom upon that
you're growing that way more solid.

6. bear in mind Your Customers Don’t forget that ultimately the rationale your business is
growing is owing to your customers. it's imperative to stay their desires and wishes in mind as
you progress forward. you'll conjointly embrace them as you expand. absorb their comments,
hear their thoughts and take into account their suggestions. There area unit lots of cautionary
tales of tiny firms that lost sight of those essential assets and went out of business owing to it.
Keeping your shopper base at the forefront of your strategy through each revision, growth and
discovery can keep you connected and make sure you gain even additional fans.
Conclusion:-

In this project we learnt about the actual management of Small Scale Industries, we learned
about the principles and tips of management that should be applied to the Small Scale
Industries. We also learned about the role of SSI in Indian Economy, the Steps to manage Small
Scale Industries, Characteristics of SSI, Objectives of SSI and also saw the Seven essential
principles to manage SSI. In this project we also discussed about some of the advantages and
disadvantages of Small Scale Industries. This Project help us to gain all the knowledge that is
required to manage a Small Scale Industry in an efficient way.

Reference for the Microproject are :-

• youtube.com
• tutorialspoint.com
• Wikipedia.com