VTU Aeronautical Engineering (Semester 5)
Management & Entrepreneurship
December 2016
Total marks: --
Total time: --
INSTRUCTIONS
(1) Assume appropriate data and state your reasons
(2) Marks are given to the right of every question
(3) Draw neat diagrams wherever necessary


1(a) Define Management. Differentiate between Administration and Management.
10 M
1(b) Briefly explain, whether management is a Science or Art.
10 M

2(a) Explain the importance of planning.
10 M
2(b) Explain the hierarchy of plans.
10 M

3(a) Briefly explain the techniques of selection.
10 M
3(b) Briefly explain the principles of organization.
10 M

4(a) Briefly explain the Maslow's hierarchy of needs.
10 M
4(b) Differentiate between Autocratic,
Participative and Free - Rein leadership styles.
10 M

5(a) Define the term "Entrepreneur". Explain the functions of an entrepreneur.
10 M
5(b) Explain the various barriers of entrepreneurship.
10 M

6(a) Define "Small Scale Industry" and State the characteristics of a SSI.
10 M
6(b) Explain the functions of WTO.
10 M

7(a) Explain the objectives of KSFC.
10 M
7(b) Explain the objectives of TECSOK.
10 M

8(a) Define Project. State and explain the classification of projects.
10 M
8(b) Explain the criteria's for selecting a project.
10 M



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