Entrepreneurship and SME Management BBA 7th Morning and Self Support

Course Rationale:

The subject of Small business management has moved from the periphery to the center of management thinking and education. As we enter the new millennium, an entrepreneurial approach is no longer seen as an option but as the only option for owners and managers seeking to enhance the performance of their organization. The Pakistan government also recognizes that economic growth in a modern economy depends on development of the entrepreneurial and SME’s culture. In line with this movement it is necessary to give students an understanding of the nature of Small business and issues they might encounter in planning, starting, growing and harvesting their business

Course Objective:

This course has basically three fundamental objectives:           

1.

To elucidate the role of creativity, entrepreneurial and innovative business activities, and their management, within a domestic and global environment.

2.

To communicate an up-to-date body of knowledge about the nature and scope of new business formation, and its application, within an ethical business context.

3.

To engender critical analytical skills, creative problem solving in the development & evaluation of new venture ideas, while understanding both the opportunities & constraints faced by entrepreneurs.

 

 

 

 

Lecture

Topics

Week 1

 
  • Introduction to Small business Management
  • Advantages and disadvantages of running a small firm

 

Week 2

 
  • Steps in planning a new business
  • The desired income approach to planning

 

Week 3

 
  • Surveying the market
  • Choosing a legal form of organization
  • Developing a statement of assets
  • Developing an opening day balance sheet
  • Sources of financing for a new business

 

Week 4

 
  • Location of the business
  • Layout
  • Advertising and promotion
  • Pricing policies
  • Types of merchandise sold and their implications

Week 5

 
  • Seasonal variations
  • Purchasing and inventory control
  • The break even point
  • Selling on credit
  • Personnel policies
  • Accounting Statements

 

Week 6

 
  • Managing Computer-Based Technology
  • Evaluating Financial Performance
  • Franchising
  • Exporting and importing

Week 7&8

 

Guest Speaker Session

  • The Role of the Business Plan
  • Developing the business Plan

Week 9&10

 

 

  • Presentations on Marketing ,Operation ,

       Management & Financial Plans

  • Midterm ( Case Study)

 
  • Midterm week at the department

Week 11&12

 

 

  • Presentation/Running of Cases developed (SME)
  • Presentation/Running of Cases developed(SME)

Week 13

 

 

  • Discussion on projects regarding development of business

Week 14

 
  • Final Project submission
  • Case studies

Week 15
  • Presentations of Final Project(Business Plan)

Week 16
  • Presentations of Final Project(Business Plan)

 

  1. Teaching Methodology
  1. Lecture for disseminating key concepts
  2. Discussion on practical issues
  3. Assignments and Presentations/Projects
  1. Assessment/Evaluation

The course is assessed by the group assignments and individual class presentation of relevant topics (20%), and a 3 hours closed-book examination (80%). 

Individual Class Presentations/Projects*

Regular Class Presentations/Participation (7%)

Term Paper/Assignment (8%)

Class Quiz/Case Studies (5%)

20%

Mid Term Examination  (1 hour)

30%

Final Examination (2 hours)

50%

 

100%
 

Course Material

Other Courses by Mr. Salman Piracha