MNGT 144 Small Business Management Instructor Information Lilia R. Juele Email Address: ljuele@ccp.edu Phone Daytime: 215-751-8702 Course Description This course provides instruction in specific applications of management principles needed by owners and managers of small business enterprises. Students learn the impact of business planning, the environmental elements that surround small businesses, business processes, initiating and financing a business and the importance of small business to society. The course requires the development of a typical business plan and related projects. Prerequisite: MNGT 121. Prerequisite: MNGT 121 Introduction to Business 3-0-3. This course introduces students to business activity and its role in the private enterprise system. The course gives an overview of economics, basic business principles, management, marketing, finance, human resources, operations and production. It also introduces students to information systems, e-commerce, e-tailing, and other new business directions resulting from the Internet in today's technological advances. Globalization and inter-national business are introduced to the student, as are studies of business ethics, and the role of social responsibility in the practice of business. An overview of entrepreneurship and intrapreneurship are also included. Pre- or corequisite: ENGL 101. Required Textbook: Essentials of Entrepreneurship and Small Business Management Thomas W. Zimmerer & Norma M. Scarborough Fourth Edition, Prentice Hall, ISBN 0-13-149178-4 Course Objectives Upon completion of this course the student will be able to: To explain the role of an entrepreneur in today’s business world. To explain the place of small business in history and explore the strengths and weaknesses of small business. To review the traits of a successful entrepreneur. To examine the meaning of ethics and the meaning of social responsibility as they relate to small business. To explain the need for planning by the entrepreneur and why there is such a scarcity of formal planning in small businesses. To examine the means in which an entrepreneur prepares thoughtful and productive business plans. To study the various guidelines used by successful entrepreneurs in gathering facts and opinions such as: making a commitment to go into business, analyzing oneself, choosing a product, researching markets, organizational, legal, accounting, insurance, computer, and financial plans. To discuss the history and definition of Franchising. What is the appeal of franchising in today’s business world and what are some of the facts and myths about this expanding form of business organization. Topics Covered: The Foundations of Entrepreneurship Strategic Management and the Entrepreneurship Strategic management and the Entrepreneurship Forms of Ownership and Franchising Buying and existing Business Creating a Powerful Marketing Plan Advertising and Pricing for Profit Managing Cash Flow Creating a Successful Financial Plan Crafting a Winning Business Plan Business Plan Project Due For Submission Sources of Funds: Equity and Dept Course Grading Policy Homework Assignments 20% Online Discussion Participation 20% Individual Business Plan Project 20% Mid-Term Exam 15% Final Exam 25% Total 100% Online Exams: There will be two online exams required for this class. The Midterm exam and the Final Exams. Both Exams are timed and students will have a chance to take it one time only. Once a student starts an exam, the student should complete the exam without logging out of the exam page. Logging out will mean that the student has completed the exam and he or she will not be allowed back into the system. The Forum: Bulletin Board Discussion (Class Participation Online): The Forum is an asynchronous (delayed) Bulletin Board (Message Board) threaded discussion where the instructor and the students are able to discuss specific course topics to allow interaction, exchange of opinions, and sharing of knowledge. The instructor will post a topic of discussion on the Bulletin Board regarding a specific course topic and students are to post their responses. The students can respond to the instructor and to their classmates. Students can also ask questions in relation to the topic being discussed. Postings not related to the discussion at hand are not permitted in the Bulletin Board and will be deleted. Students are also required to observe Net etiquette and not use inappropriate language. Live! Online Chat (Class Participation Online) The Live! Chat is a synchronous (live) discussion and will be scheduled by the professor. The discussion works basically the same way discussions are done in a class except that this is online. Sending Emails to instructor and or classmates: Student can send an email to his or her instructor, a classmate, and to the whole class by using the email feature within the course in WebStudy. Please do not send unsolicited emails to the Class Mailing List. Proper Conduct of Students in an Internet Class: Students will observe proper conduct following the rules specified by Community College of Philadelphia. Please observe courtesy and avoid the use of inflammatory language. Be respectful of the rights of others who you share space with in the Internet. Be mindful of the privacy of others and do not send unsolicited messages. Any use of inflammatory and disrespectful language and placement or inclusion of topics or discussions which do not belong with the course topic will be deleted. Any inappropriate conduct by students either to the instructor, classmates and staff will be subject under the same rules and conditions imposed by the College all students.