Calumet College of St. Joseph

SYLLABUS FOR SMALL BUSINESS MANAGEMENT

 

Term:  Summer 2003                                                      

Course Number: BUS 379

Instructor:   Wanda Foster, Assistant Professor

Office:  CCSJ #512

Office Phone:  (219) 473-4266

Fax: (219) 473-4259

E-mail:  wfoster@ccsj.edu

Office Hours:  Monday & Friday, 9-2 or by appointment

 

Instructor Background:

 

                Education:          M.B.A., DePaul University

                                                      B.S. – Biology, Purdue University

                Certifications:                 American College of Healthcare Executives, Faculty Member

                                                MT(ASCP),SM

                Experience:        Director, Healthcare Management – Calumet College

                                                Twenty years of experience in healthcare and healthcare management

                                                Special research interests – the transition of clinicians into management

 

Course Time:  Mondays, 6:30 –10:00 p.m.

 

Course Description: This course deals with the organization and management of a small business.  Among topics covered are; entrepreneurship, financing, marketing, location, accounting, and human resources.  Students will develop their own business plan to simulate the opening of a new, small business.

 

Prerequisites:  MGT 220

 

Learning Outcomes/ Competencies:

Students in this course will understand the principles, practices and policies regarding small business management in the areas of:

 

·         Entrepreneurial strategy

·         New venture opportunities

·         Business plan development

·         Core business management (marketing, finance, operations, human resources)

·         Social and ethical issues

 

Course Competencies - Upon completion of this course students will be able to:

 

Small Business launch –

 

·         Identify and compare broad based strategy options for an entrepreneurial venture

·         Relate the potential of small firms in the global market

·         Assess the value of a business to determine start up or buyout strategy

·         Evaluate the process for obtaining a franchise opportunity

·         Develop and present a complete Business Plan

 

Small Business Management –

 

·         Describe the nature and features of an organizational structure for small businesses

·         Describe the process in managerial succession in a family business

·         Identify ethical issues in small businesses and determine practical approaches for building an ethical business.

·         Manage the firm’s assets with accounting systems and capital budgeting

·         Develop a marketing plan

·         Decide whether to hire, lease, or outsource human resource needs

 

Textbooks:

 

Small Business Management, Longnecker, Moore & Petty, 12th Edition (e).

 

Learning Strategies:

 

Class sessions will consist of a combination of lectures, videos, case studies and interactive discussions.  Students will participate in both group and individual activities.

 

Assessment:

 

Quizzes                                                                                                  250 points                Approximately    40%

Business Plan                                                                                      150 points     Plan &  Present  30%       

Business Plan Presentation                                                           50 points

Cases                                                                                                    200 points                Approximately    30%

 

Total                                                                                                      650 points

 

Class Policy for Assignments:

 

All text assignments are to be read prior to class.  Written assignments are to be turned in at the beginning of class on the date due.  Late assignments will not be accepted.  If you are unable to attend class when an assignment is due you may fax, mail or email it.  All written assignments are required to be typed.  Spelling, grammar and language are expected to be correct and presented in a professional business style. 

 

Grading Scale:

               

                92-100%    A                (460 – 500 points)                72 – 77%    C (360 – 389 points)

                90 – 91      A-            (450 – 459 points)                70 – 71       C-            (350 – 359 points)

                88 – 89      B+           (440 – 449 points)                68 – 69       D+           (340 – 349 points)

                82 – 87      B             (410 – 439 points)                62 – 67       D             (310 – 339 points)

                80 – 81      B-            (400 – 409 points)                60 – 61       D-            (300 – 309 points)

                78 -  79      C+           (390 – 399 points)                59 and Below   F                (299  - 0 points)

                                   

Class Policy on Attendance:

 

Attendance is an important priority.  If you are not in class, you have lost an opportunity to learn.  Late assignments are not accepted and quizzes cannot be made up.  Provisions will be made for excused absences.  If unable to attend class, a call to the instructor would be appreciated.

 

 

Class Policy on Electronic Devices:

 

All cell phones and pagers are to be turned off or placed in the silent mode during class.  If you need to return / answer a call or page please leave the classroom.

 

Recording devices are permissible to record lectures for later reference or to provide to fellow students who may be absent.

 

Course Outline:

 

Class Assignments:  Read assigned chapters, type out case studies, prepare Business Plan assignments, and study for quizzes prior to class.

 

Class Date                                                                  Topic-Assignment

May 12

Chapters 1 & 2, Case 1

May 19

Chapters 3 & 4, Business Plan - Ideas due, Case 3, Quiz (1-4)

May 26

Holiday – NO CLASS!

June 2

Chapters 5, 6, 7, Business Plan – Ex. Summary, Vision / Mission, Company Overview due, Quiz 5-7

June 9

Chapters 8, 9, Business Plan – Mkt Plan due, Case 8, Quiz 8-9

June 16

Chapters 10, 11, 12, Business Plan – Products & Services due, Quiz 10 – 12  

June 23

Chapters 13, 14, Case 12, Business Plan – Financial Plan, Quiz 13 –14

June 30

Chapters 15, 16, 17, Business Plan – Management due, Quiz 15 - 17

July 7

Chapters 18, 19, Business Plan – Operations due, Case 18, Quiz 18 – 19

July 14

Chapters 20, 21, Business Plan – Rough draft due, Case 21, Quiz 20 –21

July 21

Chapters 22, 23, 24, Business Plan – Practice Presentations, Quiz 22 – 24

July 28

Business Plan – Student Plans and Presentations due

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class Participation:

 

To achieve the full benefit of the course, students must attend all class sessions, complete all reading assignments and participate in class discussions.

 

Quizzes:

 

There will be 9 quizzes each worth 25 - 30 points.  Quizzes will represent basic material from the text in multiple choice and true false format.  There will be no make-ups on quizzes.

 

Case Studies:

 

There will be 5 case studies assigned as homework.  Follow the written format distributed during Class 1.  50 points each.

 

Project:

 

Each student will develop their own small business venture.  This can be an entirely new business or a venture within an established firm.  The format used is from the CD included with the text.  It will be discussed at length in Class 1.  The project is divided into two parts:

 

1.                   Business plan,                                 150 points 

2.                   Business presentation,                  50 points.   

 

Center for Academic Excellence:

 

Tutoring assistance is free to all students of Calumet College of St. Joseph. Call the Center for Academic Excellence (CAE), to make an appointment at 473-4287. The Center has experienced and well-trained tutors in most subject areas to help students who are struggling in a course or who are doing well and would like to do better. Regular weekly tutoring sessions are likely to improve your grade.

 

Statement of Plagiarism:

 

If an instructor or other Calumet College of St. Joseph personnel find that a student has plagiarized or been involved in another form of academic dishonesty, the instructor or other personnel may elect to bring the matter up for judicial review. The maximum penalty for any form of academic dishonesty is dismissal from the College. The procedures for judicial review are listed under the section of CCSJ handbook that addresses student grievances. (Academic Planner 2001/2002 p.27)

 

Citation Guidelines:

 

Calumet College of St. Joseph adheres to citation guidelines as prescribed by the particular discipline (i.e., MLA, APA, and Chicago Manual of Style or Turabian.).  All of these guidelines are available in the Calumet College of St. Joseph library or bookstore.  These texts outline how to cite references from a variety of sources, including electronic media.

 

 

 

 

 

 

Withdrawal from Classes Policy:

 

After the last day for class changes has passed (see College calendar), students may withdraw from a course in which they are registered with permission from the faculty member conducting the course. A written request detailing the reason(s) for the withdrawal must be filed with the Registrar. Written request for withdrawal must be received by the Registrar by the last day of classes prior to the final examination dates specified in the catalogue. Written requests may be mailed to the Registrar or faxed to the College fax number 219-473-4259. Students are to make note of the refund schedule when withdrawing from courses. The request is forwarded to the faculty member, who makes the final determination to accept or deny the request. If the request is honored, the student will receive notification of official withdrawal; if denied, the notification will indicate why the withdrawal is disallowed.

 

An official withdrawal is recorded as a "W" grade on the student's transcript. Dropping a course without written permission automatically incurs an "F" grade for the course (see Refund Schedule).