Managing your Business
MODULE CODE
CREDIT VALUE
Module Aims
Aim 1
The module aims to provide students with an insight into the actual process of running of a small business. It is aimed at students who may be considering starting their own business or working with a small business to help it growThe module aims to give students a thorough understanding of the small business sector and all the areas that impact on a small business. The module will enable students to practically apply academic theories to business and understand how small business owners make decisionsEngagement with business is a key feature of this module through case study, test trading through pop ups or working with an existing business in the profit or non-profit sector. This will allow students to gain insights to business start-up, development and on-going management.
Module Content
Key content covered:
• The business environment of the 21st century.
• The role of the small businesses in the economy
• Characteristics of entrepreneurs and combining these with aims and objectives of a new business.
• Investigating the market, using market research and analysis tools, selecting and refining products and services of a new business enterprise.
• Exploring and investigating the financial aspect of business and finding the right finance for start-ups.
• Preparing and selling your business idea.
• Sources of information and professional advice.
• Employment issues.
• Taxation Working effectively in teams.
• Practical Management.
• Networking and communicating with the business community
• Reflection and learning
Learning Outcomes
On successful completion of this module, a student will be able to:
Teaching Methods
The module design will not follow the more traditional lecture pattern but will be highly interactive with class participants being involved in individual and group activities which will encourage critical and creative thinking and “learning by doing” in understanding the basic rules of business – the key issues and challenges that face the entrepreneurs.
In addition to the subject specific knowledge related to entrepreneurship and enterprise, students of this module will have the opportunity to develop a set of key transferrable skills including planning and organising skills, enterprise & entrepreneurial thinking, project management skills and communication skills. These skills are essential to developing graduate attributes and will contribute to their professional and personal development and subsequent employability.
There will be two assignments in this module.
This module will be assessed using:
1. a combination of a group activity and reflective learning via a blog
2. interviewing a business owner and developing a case study and reflecting on the learning
Scheduled learning and teaching activities:
Lectures, Workshops, Networks, Business Engagement and Presentations
Assessment Methods
This module is assessed through an individual case study & reflection and a group activity, blog & reflection.
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Compulsory
Optional
