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IMS Checklist 5 - Mod 4
IMS Checklist 5 - Mod 4
IMS Checklist 5 - Mod 4
Module-4
INDUSTRIAL SAFETY
&
ENTREPRENEURSHIP
No Topic Key Points
1 The importance and need The importance of industrial safety was realized because of
for safety measures in the fact that every year millions occupational/ industrial
industries accidents occur which result in loss of production time
equivalent to millions of man hours, machine hours etc.
Severity rate Severity rate: The rate of severity represents the number of days
compensated for 1 000 worked hours, that is the number of days
lost by temporary disability for 1 000 worked hours.
Job safety analysis A properly trained safety engineer can reduce or prevent accidents
by proper analysis and implement safety policies. By analyzing
movement and time we can reduce it. Tools and machines used
properly and taking proper safety precaution for the work can be
achieved by proper analysis.
Plant safety inspections Plant safety inspections: A program for inspecting the entire
workplace at least once a month must be developed with the joint
health and safety committee. A good inspector will be capable of
getting cooperation from everyone.
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There are four main types of inspections:
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Safety officer
6 Emergency preparedness and Emergencies can create a variety of hazards for workers in
response. the impacted area. Preparing before an emergency incident
plays a vital role in ensuring that employers and workers have
the necessary equipment, know where to go, and know how
to keep themselves safe when an emergency occurs. These
Emergency Preparedness and Response provide information
on how to prepare and train for emergencies and the hazards
to be aware of when an emergency occurs. It provide
information for employers and workers across industries, and
for workers who will be responding to the emergency.
7 The precautions to be Six ways prevent accidents in the workplace:
observed in preventing
accident while working in 1. Always be alert.
hazardous environment. 2. Conduct 4 E program
3. Don't rush to work.
4. Do safety analysis
5. Wear required safety equipment’s.
6. Follow instructions properly
7. Pay attention to and follow emergency
8. Insist upon proper training.
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8 Profile of an entrepreneur 1. Energetic
2. Initiative
3. Updated technology knowledge
4. Information seeking
5. See and acts on opportunities
6. Quality of work
7. Commitment to work
8. Highly efficient
9. Systematic planning
10. Monitoring
9 Functions of an entrepreneur 1. Manage business
2. Take decisions
3. Select plant size and site
4. Promote new inventions
5. Decide pricing policy
6. Coordinate
7. Employ the labors
8. Arrange raw material machines and finance.
9. Distribute wages
10. Deal with govt departments
10 The risk taking qualities of an 1. Leadership
entrepreneur 2. Technical competence
3. Self confidence
4. Flexibility
5. High level of motivation
6. Physical fitness
7. Organizing ability
8. Creativity
9. Patience
10. Competitiveness
11 The different factors 1. Poor management
contributing to the failure of 2. Production problem
entrepreneurial ventures 3. High fixed cost
4. Marketing production problem
5. Financial problem
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Which has two category
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MSMEs: Micro small and medium enterprises.
This mainly aims for employment expansion and poverty
alleviation. Entrepreneurship is promoting here. Under
business incubators such business is developed financial
support and training are provided by business incubators.
IIT , NIT , Engineering colleges, R &D, Technology
development centers etc will be acts as business incubators.
13 The steps involved in starting 1. Decide the product through survey, using knowledge skill
small-scale industry etc.
2. Prepare project report.
3. Decide type of ownership
4. Decide factory location.
5. Buy land or rent a place.
6. Invite quotation for machinery and equipment.
7. Apply for registration
8. Plan finance
9. Apply loan and follow-up.
10. Place order for machinery.
11. Apply for power
12. Plan layout of machinery.
13. Apply for tax card.
14. Apply for raw material.
15. Recruit more staff.
16. Conduct trail.
17. Decide pricing and marketing
18. Maintain account
19. Concentrate on production and sales.
14 The procedure for the There are two type of registration
registration of SSI Provisional registration
1. Apply for shed in industrial area.
2. Apply for power
3. Apply for finance
4. Apply for machinery
5. Apply for tax
6. Apply for importing licence.
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Permanent registration
1. Factory building is ready
2. Machinery and testing material should be installed.
3. Obtain power connection.
4. Apply for permanent registration.
15 Identify the network of SIDBI
financial assistances given to IDBI
an entrepreneur. NSIC
State financial cooperation
Financial assistance by bank
State government assistance.
16 Identify the different The steps for feasibility study are as follows
constituents of feasibility 1. Market and demand survey
study 2. Product and production analysis
3. Material and manpower input
4. Manpower
5. Location of sites
6. Economical and technical feasibility evaluation
7. Technical feasibility
17 Prepare the feasibility report A business plan is a written statement of what we hope to
project report achieve in business and how. It will give step by step idea
how to reach destination.
Content of report
1. Summary
2. Introduction
3. Project location
4. Land and building
5. Plant and machinery
6. Assets
7. Production process and program
8. Raw material manpower and other utilities.
9. Market demand analysis.
10. Requirement of fund.
11. Cost of production and profit expected.
12. Break even analysis
13. Implementation scheme
14. Payment schedule
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