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Syllabus for MGT 157, Small Business Management
FALL 2006
The course requirements, relevant assignments and readings
are outlined in the material that follows on this page.
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Instructor |
Richard Weidmann, FMP, MBA
Associate Professor |
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Office |
Marlboro Hall, Room 3026 |
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Office Hours |
Posted on Website |
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Office Telephone |
301-322-0139
If I am not in my office, please leave a message
(include time, date, and call back number) on the voice mail. I will
return your call as soon as possible. |
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FAX |
301-322-0581 |
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Email |
Frweidmann@aol.com
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Spring Semester Dates |
This course runs from August 28 to December 10, 2006 |
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Textbook |
Small Business Management
Longenecker, Moore, Petty
South-Western Publishing Co., 13th Edition
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Course Objectives |
Small businesses represent approximately half of all
business enterprises now in existence. They employ more than 90
percent of those people working in the private sector and they are
responsible for the most rapid growth in the trend toward an economy of
services and high technology. Whether
you consider five employees - or 500 - a small business enterprise, you're
talking about a vital part of the international economy. With
small business now playing such a crucial role in the international
marketplace, it's more important than ever to help aspiring entrepreneurs
- as well as those already involved in small business - learn what it
takes to succeed. It is intended that this course
serve as a comprehensive primer on business success by showing prospective
entrepreneurs:
 | how to investigate and evaluate business opportunities. |
| how to acquire the skills and knowledge needed to
establish a new firm.
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| how to market products or services. |
| how tot manage the human and fiscal demands of a
business operation. |
Its lessons are equally valuable for larger business
organizations seeking to train and to instill an entrepreneurial spirit in
their workforce - a crucial competitive requirement for corporations
operating in the challenging international marketplace.
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Class Format |
The online student should follow a basic format. First,
read the assigned text material. Then, click on Course Document for an
overview of important chapter concepts. Third, review the chapter’s
PowerPoint presentation.
There will be questions assigned after each chapter.
These questions should be answered succinctly but with evidence of
coursework understanding.
One of the course's' most important requirements for
each student is the preparation and development of a "Business
Plan" (i.e., an organized, logical and practical proposal for a new
business venture).
Periodically, case studies will be assigned with the student taking
the role of the supervisor responsible for making decisions and explaining
the rationale.
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Grading |
Business Plan |
25% |
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4 Online Tests
(each Test consists of -50 multiple choice questions and
is worth 15% of your grade) |
40% |
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Weekly Online Discussions |
10% |
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Chapter Questions (Short Answers) |
25% |
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Total Possible Points |
100% |
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