|
Course Development Guide |
|
May 1, 2008
Course Title
Entrepreneurship: Business Management
Course Description
This course will provide students with the fundamental concepts, principles, and ideas needed to understand the basics of entrepreneurship in business management. Skills that will be demonstrated are as follows: develop a Business Plan, identify market needs, insurance concepts pertaining to a business, how to market a business, maintain records and accounting processes, manage finances, integrate technology into the business functions, apply legal, ethical and social obligations, and analyze the growth of today’s marketplace.
Contact
Gina Hubbard
405-743-5117
ghubb@okcareertech.org
| OCAS Codes | OHLAP Credit | Course Length | Prerequisites |
|---|---|---|---|
|
8444
|
No |
120 Hours
The 120 hours is based on a Carnegie unit, which accounts for 175 forty-five (45) minute class periods per school year. |
Business, Marketing and Information Technology
|
Knowledge and Skills
Operations Management
Analyze and utilize the processes and systems implemented to facilitate daily business operations
Business Systems
Plan business layout
Determine equipment needs
Document business systems and procedures
Establish operating procedures
Develop project plans
Analyze business processes and procedures
Implement quality improvement techniques
Evaluate productivity of resources
Manage computer-based operating systems
Channel Management
Select business location
Select distribution channels
Develop and implement order-fulfillment processes
Purchasing/Procurement
Explain the buying process
Describe the nature of buyer reputation and vendor relationships
Establish company buying/purchasing policies
Conduct vendor search
Choose vendors
Negotiate contracts with vendors
Place orders
Barter with vendors
Daily Operations
Schedule staff
Maintain inventory of products/supplies
Organize shipping/receiving
Risk Management
Identify and apply the concepts, strategies, and systems that businesses implement and enforce to minimize loss
Business Risks
Describe types of business risk
Determine ways that small businesses protect themselves against loss
Establish controls to prevent embezzlement/theft
Establish and implement systems to protect customer/employee confidentiality
Determine business's liabilities
Explain ways to transfer risk
Obtain insurance coverage
Develop strategies to protect computer (digital) data
Develop security policies and procedures
Establish safety policies and procedures
Protect assets from creditors
Establish parameters for staff responsibility/authority
Develop continuation plan
Legal Considerations
Explain legal issues affecting businesses
Protect intellectual property rights
Select form of business ownership
Obtain legal documents for business operations
Describe the nature of businesses' reporting requirements
Adhere to personnel regulations
Implement workplace regulations (including OSHA, ADA)
Develop strategies for legal/government compliance
Strategic Management
Exlain and apply the processes, strategies, and systems needed to guide the overall business organization
Planning
Conduct SWOT analysis
Conduct competitive analysis
Evaluate business acquisition options
Develop company goals/objectives
Develop business mission
Forecast income/sales
Conduct break-even analysis
Develop action plans
Develop business plan
Controlling
Use budgets to control operations
Develop expense-control plans
Analyze cash-flow patterns
Interpret financial statements
Analyze operating results in relation to budget/industry
Track performance of business plan
Accountability Measures, Assessments, or Evaluation Procedures
Required Certifications:
- Operations Concepts
- Retail Industry Knowledge