Course image Business Monitoring & Entrepreneurship
Hospitality Management

This module describes the conceptualization of entrepreneurship, roles and contributions of entrepreneurship development in the economy. 

It also highlights on the steps involved in the entrepreneurial process especially in formation of a new business, looking at the principles of entrepreneurial management showing comparative analysis of an entrepreneur and a manager. Finally, the module provides the required components in developing a well thought through business plan which can be applied in starting and running a new or an ongoing business. 

This module will provide learners with chances to Conceptualize Entrepreneurship terminologies and theories, apply entrepreneurial process in business formation and growth, apply entrepreneurial management approaches in enterprise management and develop a business plan.

 


Course image MANAGE BUSINESS
Hospitality Management

LEARNING OUTCOMES

By the end of this module, students should be able to demonstrate knowledge and understanding of the following:

Ø  Determine  entrepreneurship terminologies and theories

Ø  Establish  benefits of entrepreneurship in business

Ø  Apply entrepreneurial personality in managing a successful business

Ø  Establish the roles of creativity in business

Ø  Apply  innovation in business

Ø  Evaluate  enabling business environment

Ø  Describe  venture creation

Ø  Apply entrepreneurial management competence 

Ø  Determine key factors in entrepreneurial management

Ø  Apply the entrepreneurial management approaches to business

Ø  Determine purpose of developing a business plan

Ø  Describe the business

Ø  Develop a marketing plan of the business

Ø  Prepare a management and organization plan of the business

Ø  Analyze the production and operation plan of the business

Ø  Prepare the business financial plan of the business

Mobilize the required financial resources of business

Course image MANAGE BUSINESS
Hospitality Management

LEARNING OUTCOMES

By the end of this module, students should be able to demonstrate knowledge and understanding of the following:

Ø  Determine  entrepreneurship terminologies and theories

Ø  Establish  benefits of entrepreneurship in business

Ø  Apply entrepreneurial personality in managing a successful business

Ø  Establish the roles of creativity in business

Ø  Apply  innovation in business

Ø  Evaluate  enabling business environment

Ø  Describe  venture creation

Ø  Apply entrepreneurial management competence 

Ø  Determine key factors in entrepreneurial management

Ø  Apply the entrepreneurial management approaches to business

Ø  Determine purpose of developing a business plan

Ø  Describe the business

Ø  Develop a marketing plan of the business

Ø  Prepare a management and organization plan of the business

Ø  Analyze the production and operation plan of the business

Ø  Prepare the business financial plan of the business

Mobilize the required financial resources of business