What does SMART mean in Planning Cluster?
SPECIFIC
MEASUARABLE
ATTAINABLE
REALISTIC
TIMEBOUND
8 steps in setting up an enterprise.
Project Selection
Technology and Machinery
Arranging Finance
Unit Development
Filling an Entrepreneur Memorandum
Approvals
Clearances
Quality Certification
Two characteristics an entrepreneur must possess in Power Cluster
Networking and Persuasion, and Self confidence
Four Ps
Partner
Product
Place
Process
SWOT
Strengths
Weaknesses
Opportunities
Threats
Three Schools of Management
Classical School
Quantitative School
Behavioral School