Business Fundamentals for Entrepreneurs: Internal Operations

About this path

This learning path is based on the first part of the 'Business Fundamentals for Entrepreneurs' course from IIT Bombay, available on YouTube. It covers the internal workings of a business, including how to define a business, understand its environment, structure a company, set goals, develop strategy, innovate, manage operations and finance, lead people, and apply ESG principles. The path is organized into sections that follow the original video order, making it easy to progress from basics to more advanced topics. Each video includes a summary and specific learning objectives to help you focus your study.

What you will learn

• Define what a business is and identify its key types and examples.
• Explain the economic, legal, social, and technological environment of a business.
• Describe how companies are structured and classified under Indian law.
• Articulate the importance of purpose, vision, mission, and values in a company.
• Apply SMART and 360-degree goal setting to business planning.
• Differentiate between goals and strategy, and analyze real-world strategy examples.
• Identify types of innovation and the process of new product development.
• Understand the basics of manufacturing, logistics, and supply chain.
• Read and interpret income statements, cash flow, and balance sheets.
• Explain the role of financial management in budgeting, funding, and investment.

Who this is for

Beginners who want a structured free introduction before deeper practice.

Curriculum