Study Guide

Objective

The student can
- describe the meaning and role of business activities in the society and in his/her field
- explain how entrepreneurship manifests on individual and organisational level
- describe entrepreneurial capabilities and assess his/her own entrepreneurial capabilities
- describe prerequisites of profitable business
- examine analytically the future outlook of business opportunities in his/her field

Content

- business as part of society and the global environment
- entrepreneurship as pattern of action and as business activities
- basic concepts of business, business logic
- business as a part of a career in one's own field

Materials

• Effective Small Business Management; Fifth edition. Norman M. Scarborough and Thomas W. Zimmerer. (1996): Prentice Hall. Inc. A Simon and Schuster Company

• Lecturer will provide the presentation slides in Moodle, other entrepreneurship books in SeAMK Library. Students are also advice to research for other information to support their learning and group assignments.r

Further materials and readings will be provided by the lecturer

Teaching methods

Lecturing
Class activities
Group or teamwork
Presentation

Student workload

There will be total of 81 hours.

- 24 hours for lecturing and in-class activities
- 51 hours for Individual or teams activities
- 6 hours for presentations

Content scheduling

• Entrepreneurial motivation
• Entrepreneurial characteristics
• Contexts of entrepreneurial activity
• Opportunity recognition
• Opportunity assessment
• Acquiring resources
• Business models
• Entrepreneurial activities
• Leadership and social entrepreneurship
• Exits and outcomes

Evaluation scale

1-5

Assessment criteria, approved/failed

- Active participation and all assignments accepted. Learning outcomes must be achieved for acceptance.

Assessment methods and criteria

% Grade
51 - 59 = 1
69 - 60 = 2
79 - 70 = 3
89 - 80 = 4
100 - 90 = 5

Qualifications

None.

Objective

The student can
- describe the meaning and role of business activities in the society and in his/her field
- explain how entrepreneurship manifests on individual and organisational level
- describe entrepreneurial capabilities and assess his/her own entrepreneurial capabilities
- describe prerequisites of profitable business
- examine analytically the future outlook of business opportunities in his/her field

Content

- business as part of society and the global environment
- entrepreneurship as pattern of action and as business activities
- basic concepts of business, business logic
- business as a part of a career in one's own field

Materials

To be provided by the lecturer. Other supporting literature will be available from the SeAMK library.

Teaching methods

Lecturing
Class activities
Group or team work
Presentation

Student workload

There will be total of 81 hours.

- 16 hours for lecturing and in-class activities
- 57 hours for Individual or teams activities
- 8 hours for presentations

Content scheduling

• Entrepreneurial competence, self-knowledge and self-efficacy, motivation, human systems of thought, uncertainty tolerance, and processing of disappointments
• Value creation, recognition of value chains and networks in different environments, value creation in different structures, such as companies and associations
• Basic concepts of entrepreneurship and business and earnings logic, economic literacy, risk management
• Stages of the establishment of business activities
• Business plan as a tool for structuring a business idea (for fields of study other than Business)

Evaluation scale

1-5

Assessment criteria, approved/failed

- Active participation and all assignments accepted. Learning outcomes must be achieved for acceptance.

Assessment methods and criteria

% Grade
50 - 59 = 1

69 - 60 = 2

79 - 70 = 3

89 - 80 = 4

100 - 90 = 5

Qualifications

None.