MGMT111 Current Problems in Small Business Management

Department of Business Studies: Management

I. Course Number and Title
MGMT111 Current Problems in Small Business Management
II. Number of Credits
1 credit
III. Number of Instructional Minutes
IV. Prerequisites
V. Other Pertinent Information
MGMT111, 112, and 113 are presented in modules of five-week duration, each considering different problems.
VI. Catalog Course Description
Current problems of general interest in small business are analyzed by students under the guidance of the instructor. The courses are presented in modules of five-week duration, each considering different problems.
VII. Required Course Content and Direction
  1. Course Learning Goals

    Upon completion of this course, the student will have an understanding of current problems facing the small business manager and possible solutions to these problems. Students will develop skills in the area of decision-making, research, writing, and communications.
  2. Planned Sequence of Topics and/or Learning Activities

    Students will:

    1. develop and analyze current problems of concern to the business manager
    2. analyze the decision-making process and problem-solving techniques used by a business manager
    3. cite means of improving employee productiveness
    4. identify techniques of managerial planning and control
    5. analyze the various techniques of good time management
    6. explain the importance of the business plan to the entrepreneur
    7. analyze and discuss the importance of major business financial statements
    8. discuss the importance of social marketing and the value of knowing your market
    9. indicate an awareness of techniques of staffing, developing employees, and managing the worker
    10. demonstrate an understanding of the key factors to consider before starting a small business
    11. demonstrate the ability to analyze and solve case problems relating to current issues in small business management
    12. develop skills in decision-making and problem-solving on an individual and group basis through the use of case studies
    13. develop and improve library research skills, writing, and analytical skills by completing assigned term projects
    14. develop communication skills through the use of case study discussion and presentations of findings and implications of written assignments
  3. Assessment Methods for Course Learning Goals

  4. Reference, Resource, or Learning Materials to be used by Student:

    See course syllabus for required textbook.

    1. Daily Newspaper
      1. Philadelphia Inquirer
      2. Wall Street Journal
      3. New York Times
    2. Business Magazine
      1. Inc.
      2. Sales Management and Marketing Magazine
      3. Business Week
      4. Forbes, etc.

Review/Approval Date - 2/99; Revised 3/05; New Core 8/2015