for Technopreneurs [ENT 207/ENT607] Desai Sethi Centre for - - PowerPoint PPT Presentation

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for Technopreneurs [ENT 207/ENT607] Desai Sethi Centre for - - PowerPoint PPT Presentation

Business Fundamentals for Technopreneurs [ENT 207/ENT607] Desai Sethi Centre for Entrepreneurship Business Fundamentals for Technopreneurs Basic understanding of setting up and managing a business is a pre-requisite for launching a technology


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Business Fundamentals for Technopreneurs [ENT 207/ENT607] Desai Sethi Centre for Entrepreneurship

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Business Fundamentals for Technopreneurs

Business: A Changing World, 7e, Ferrel, Hirt, McGraw-Hill, 2011. MGMT Williams, Tripathy, Cengage India, 2015 BCOM Lehman, Dufrene, Sinha, Cengage India, 2012 Basic understanding of setting up and managing a business is a pre-requisite for launching a technology based new venture. This course is designed to help students understand the key elements

  • f business in the current environment.

Professor Anand Kusre and Professor Devdip Purkayastha

Semester 1: 3 0 0 3

  • 1. Business and business environment
  • 2. Organizing a business
  • 3. Managing service and

manufacturing operations

  • 4. Developing a team for a new

venture

  • 5. Elements of Marketing
  • 6. Basics of Finance
  • 7. Setting up a technology based

venture

  • 8. Business, Government and Society
  • 9. Strategy and Leadership
  • 10. Communication in business
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Recap Session #2 Organizing a Business

  • Types of Companies
  • Shareholders and Stakeholders
  • Management & its Role
  • Organization Structure
  • Planning & Executing

Types of Companies Tata Group Companies

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Recap Session # 3 Managing Service and Manufacturing Operations

  • What is a Manufacturing Company
  • What is a Service Company
  • Operations Management
  • Supply Chain Management
  • Quality Management

Trends in Customer Service

Operations Management at General electric

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Today’s Session # 5 Elements of Marketing

  • What is Marketing
  • What are the ‘4 Ps of Marketing’
  • What is Branding
  • Selling & Distributing
  • Digital Marketing

Importance of Marketing Management Brand Management at Procter & Gamble

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PR PROTOTYPE TYPE PR PROD ODUC UCT PR PROFIT OFIT

MANUFACTURING SUPPLY CHAIN MARKETING FINANCE

PROTOTYPE -> PRODUCT -> PROFIT

RESEARCH DEVLOPMENT

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VIDEO & CLASS DISCUSSION

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1 + 1 = 2

CLASS EXERCISE

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WHAT IS MARKETING ?

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Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. (Approved October 2007) American Marketing Association Board of Directors. Accessed 2012.

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4 P’S OF MARKETING

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PRODUCTS & NEEDS

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MASLOWS HEIRARCHY OF HUMAN NEEDS

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PROMOTION

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Gutenberg c. 1450

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PRINT ADVERTISING

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Alexander Graham Bell c1876 TELE ADVERTISING

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Guglielmo Marconi c1899 RADIO ADVERTISING

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Brothers Auguste and Louis Lumière MOVIE ADVERTISING

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John Logie and Philio Farnsworth c1923 TV ADVERTISING

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First webpage by Tim Berners-Lee and the WWW team INTERNET ADVERTISING

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SOCIAL MEDIA ADVERTISING

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PRICE

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PRODUCT PRICING

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AIRLINE PRICING AND PROMOTIONS

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PRICING STRATEGY

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PLACE

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DISTRIBUTION CHANNEL

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TRADITIONAL CHANNEL

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MODERN CHANNEL

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ONLINE CHANNEL

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BRAND

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DIGITAL MARKETING

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Recap Session # 5 Elements of Marketing

  • What is Marketing
  • What are the ‘4 Ps of Marketing’
  • What is Branding
  • Selling & Distributing
  • Digital Marketing

Importance of Marketing Management Brand Management at Procter & Gamble

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Business Fundamentals for Technopreneurs

Business: A Changing World, 7e, Ferrel, Hirt, McGraw-Hill, 2011. MGMT Williams, Tripathy, Cengage India, 2015 BCOM Lehman, Dufrene, Sinha, Cengage India, 2012 Basic understanding of setting up and managing a business is a pre-requisite for launching a technology based new venture. This course is designed to help students understand the key elements

  • f business in the current environment.

Professor Anand Kusre and Professor Devdip Purkayastha

Semester 1: 3 0 0 3

  • 1. Business and business environment
  • 2. Organizing a business
  • 3. Managing service and

manufacturing operations

  • 4. Developing a team for a new

venture

  • 5. Elements of Marketing
  • 6. Basics of Finance
  • 7. Setting up a technology based

venture

  • 8. Business, Government and Society
  • 9. Strategy and Leadership
  • 10. Communication in business