MNGT 302 Small Business Management 3 hours credit — Development of the students’ understanding of the economic and social environment in which small businesses function and the critical role of entrepreneurship in fostering business growth and development. The processes involved in initiating new ventures are discussed. The course focuses on the operations, marketing, financial, human resources and strategic management as well as the legal and governmental relations of the small firm. A detailed treatment of the problems involved in managing specific fields of small businesses in both service and manufacturing.
LEARNING OUTCOMES:
This course should provide students with basic knowledge to help him or her decide whether or not:
- Small business management is suitable for them.
- They have access to the resources (informational and financial) necessary for success
- If their small business venture is predictably destined for success or failure?
- Explain the nature of entrepreneurship and small business.
- Explore entrepreneurial opportunities.
- Develop a new venture business plan.