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CBSE Class 12 Commerce Entrepreneurship Enterprise Management Complete Detail

CBSE Class 12 Commerce Entrepreneurship Enterprise Management Complete Detail

CBSE Class 12 Commerce Entrepreneurship Enterprise Management : CBSE is a renowned educational Board, which comes under the Union Government of India. This eminent board was formed in 1952 and associated with the Board of High School and Intermediate Education, Rajputana. Ajmer, Gwalior, Merwara and Central India were included in the administrative territory of this board along with the other places including Bhopal, Ajmer and Vindhya Pradesh. From 1952 onwards, it has been providing a standard education and robust learning environment to all. The Central Board of Secondary Education or CBSE is a prestigious board of education and it provides affiliation to public and private schools. Apart from this, all Jawahar Navodaya Vidyalayas and kendriya vidyalayas are affiliated to this board.

CBSE Class 12 Commerce Entrepreneurship Enterprise Management Complete Detail

CBSE Class 12 Commerce Entrepreneurship Enterprise Management : Entrepreneurship is important because it helps to drive the economy, it allows people to bring creativity into the marketplace, it creates companies with the potential to hire millions of people and it brings new products and services to market. In addition, impact entrepreneurship, in which businesspeople pay attention to the social impact of their products and investments, aims to improve society and the environment.

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Many entrepreneurs who start small businesses are able to grow those companies into large concerns with a sizable local, national and even global impact. Entrepreneurial businesses are often better able to establish personal relationships with their customers. Because they are often more flexible than big companies, entrepreneurial businesses often create a more welcoming environment for innovation and invention. Entrepreneurial firms are also better suited to cater to niche markets because they do not have to support large overheads. Because many small businesses fail, however, entrepreneurs must be sure to put a viable business plan in place.

Impact entrepreneurs must focus first on how their companies will make money, since a company that isn’t financially sound is unlikely to change the world. Investors who are intrigued by impact entrepreneurship also want to see viable business plans and may be skeptical of impact entrepreneurs who pitch their ideas as if they were establishing a non-profit.

CBSE Class 12 Commerce Entrepreneurship Enterprise Management Complete Detail

CBSE Class 12 Commerce Entrepreneurship Enterprise Management : The Entrepreneurship specialization course is specially designed for those students who aspire to become entrepreneurs in their coming years. The specialization empowers students with an understanding of issues facing entrepreneurs and an exposure to the skills involved in addressing them. The course gives the students an eye to various aspects of starting a venture and provides them with a foundation for understanding the processes, finances, and context of entrepreneurship. It covers subjects such as opportunity recognition, innovation management, fund management for start ups ,creative problem solving, uncontested markets for start ups and also introduces them to prepare business plans & investor presentations. The course creates a simulative learning environment explaining managerial activities and skills that are required to lead and manage a successful venture.

CBSE Class 12 Commerce Entrepreneurship Enterprise Management Complete Detail

CBSE Class 12 Commerce Entrepreneurship Enterprise Management : The Entrepreneurial Management Unit strives to raise the level of academic work in the field of entrepreneurship, in methodological rigor, conceptual depth, and managerial applicability. We also strive to improve the odds of entrepreneurial success for our students and for practitioners worldwide.

Because it is such a complex phenomenon, entrepreneurship must be studied through multiple lenses. We use three.

  • The process of entrepreneurship – We seek to understand the processes of entrepreneurial activity in start-ups and established firms by examining the antecedents and consequences of various forms of entrepreneurial opportunity identification and opportunity pursuit for individuals, organizations, and industries. We see experimentation and innovation in products, services, processes, and business models as central to entrepreneurial activity.
  • The finance of entrepreneurship – We seek to understand the financing of entrepreneurial ventures by studying the antecedents and consequences of entrepreneurial funding decisions both domestically and internationally.
  • The context of entrepreneurship – We seek to understand the ways in which entrepreneurs both respond to and shape the context in which they operate, by examining the history of entrepreneurship across time and national borders and by analyzing the legal and cultural contexts for managerial actio

CBSE Class 12 Commerce Entrepreneurship Enterprise Management Complete Detail

CBSE Class 12 Commerce Entrepreneurship Enterprise Management : Want to learn more about using the industry’s only complete, integrated and business-driven enterprise cloud management solution? Consider enrolling in Oracle Enterprise Management Training. Through enrolling in interactive courses with expert Oracle University instructors, you’ll develop the skills to maximize your return on your IT investment. Choose classroom or online training to learn how to intelligently manage the Oracle stack for traditional and cloud environments. Explore Oracle Enterprise Management categories below to learn more.

Leading the development of standards for more effective enterprise management

Collaboration on standards

Through The Open Group, customers, independent software vendors and system vendors work in collaboration with other consortia and standards bodies on specifications and open source technologies for enterprise management.

The OpenPegasus Project

The Open Pegasus Project comprises system vendors and independent software vendors who together have produced and continue to evolve an open source implementation of the Distributed Management Task Force (DMTF) Common Information Model (CIM) and Web-Based Enterprise Management (WBEM) standards.

The Open Group Enterprise Management Forum

The Enterprise Management Forum works to develop a common manageability infrastructure that can be used by both application developers and management system vendors to construct effective solutions without artificial barriers to their management.

  • ARM: The Application Response Measurement (ARM) standard allows users to extend their enterprise management tools directly to applications
  • CMPI Technical Standard: The Common Manageability Programming Interface (CMPI) Technical Standard defines a C-based programming interface to be used by management servers and their resource-specific extensions.

CBSE Class 12 Commerce Entrepreneurship Enterprise Management Complete Detail

CBSE Class 12 Commerce Entrepreneurship Enterprise Management :  Enterprise Project Management (EPM), in broad terms, is the field of organizational development that supports organizations in managing integrally and adapting themselves to the changes of a transformation. Enterprise Project Management is a way of thinking, communicating and working, supported by an information system, that organizes enterprise’s resources in a direct relationship to the leadership’s vision and the mission, strategy, goals and objectives that move the organization forward. Simply put, EPM provides a 360 degree view of the organization’s collective efforts.

In recent years, with general adoption of (IT) governance practices, Enterprise Project Management has become more specific: whereas in the 1990s focus was generally on the management of the single project, in the subsequent decade, the focus lay more on the fact that a project is likely to be not the only one in the enterprise. The project co-exists with many other projects in the enterprise, or may be part of one or more programs. It may utilize (human) resources that are shared among other projects.

In order to facilitate governance, it has become essential to be able to manage, monitor, and assess the status of all projects (and other assets, of course) in the enterprise, through a set of (preferably uniform) Enterprise Project Management processes, methods and application packages.[1] Typically, organizations that adopt an Enterprise Project Management way of working, might set up a Project Management Office (PMO)/ Enterprise Project Management Office (EPMO), which is said to be more successful than a traditional PMO in addressing the priorities of the organization as its scope is enterprise-wide[2]), might select and adopt a Project Management Methodology like PRINCE2, PMBOK (or create a proprietary method) or follow the concepts of IPMA Competence Baseline as a foundation for development and certification of project managers and their knowledge, experience and behaviour. They might even select and implement a software system to support Enterprise Project Management.

An even more recent evolution in Enterprise Project Management is to not only plan and track the existing set of projects, but to create a portfolio (per budget size, per calendar year, per budget year, per business line, et cetera) of existing and future (demand) projects. This is called Project Portfolio Management. Just like the management of a portfolio of shares, Project Portfolio Management is the activity of selecting which projects to keep in portfolio (because of their anticipated value) and which ones to discard (because of their obsoleteness or because they will not yield the value that was initially calculated). Project Portfolio Management includes the creation of various scenarios to decide which is the best portfolio (for a certain year, business, budget, etcetera). Once the contents of the portfolio are agreed upon, it is key to constantly scrutinize how the individual projects are evolving in terms of quality, cost and schedule.

Implementing an Enterprise Project Management toolset needs to be considered in the light of the organization’s Project Management Maturity and the methodologies, processes and governance structures that are currently in place. There are many consulting organizations that can support such implementations.

 To download CBSE Class 12 Commerce Entrepreneurship Important Topics for Theory books Check here
CBSE Class 12 Commerce Entrepreneurship text bookDownload link
Enterpreneurship book 1Download link
Enterpreneurship book 2Download link
Enterpreneurship book 3Download link

CBSE Class 12 Commerce Entrepreneurship Enterprise Management Complete Detail

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