Teaching Responsibility

LJMU Schools involved in Delivery:

LJMU Partner Taught

Learning Methods

Lecture

Seminar

Workshop

Module Offerings

5053YPCBM-JAN-PAR

Aims

According to the Department for Business Innovation and Skills, small to medium-sized enterprises account for 99.9% of all private sector businesses in the UK, employ over 15 million people and have a combined turnover of over £1,647 billion. It is crucial Business Management students can appreciate their importance to the economy, understand how to start-up and grow a business and the factors likely to influence their success or failure. The aims of the module are to enable students to examine the concept of entrepreneurship and small business management; to enable them to understand the process of starting-up and managing a new business and to facilitate students understanding of the financial reporting statements, which assist in the process of assessing a small business' performance

Learning Outcomes

1.
Demonstrate the importance of SMEs to the economy
2.
Illustrate the process of starting-up a new business and critically evaluate the factors likely to impact its success or failure
3.
Critically evaluate the approaches to and issues of managing a Small to Medium-Sized Enterprise
4.
Interpret financial accounting statements in order to evaluate how a smaller business is performing

Module Content

Outline Syllabus:Significance of small to medium-sized enterprises to the economy Different types of entrepreneurship and entrepreneurs The process of starting-up a new business Innovation in smaller businesses Managing a small to medium-sized enterprise Growing a small business Using financial accounts to understand a small businesses performance
Additional Information:This module introduces students to the process of starting-up, managing and growing a new business. It focuses on the various aspects of a smaller business which are likely to make it a success or failure.

Assessments

Exam

Report