Entrepreneurship and Business Planning

Description

This course contributes to the entrepreneurial competences of graduates. Entrepreneurship is approached here from a process perspective, and hence students are gaining basic competences from the different stages in the entrepreneurial process: developing a business idea, analyzing opportunities, developing a business plan, securing sources of funding, calculating risks and fulfilling legal obligations supporting the entrepreneurial process. 1.a Analyses the environment in which an organisation is active and estimates the influence of environmental factors on the functioning of the organisation. 2.a Understands basic theories, basic terms, and basic concepts of each management domain, in particular with respect to the financial, operational, commercial and organisational activities, and can apply them when solving business problems. 2.c Understands and substantiates the critical importance of each management domain for a successful organisation and the coherence with other management domains. 2.p. Explains the structure and the current legislation in the field of social law. 3.a Detects the impact of regional, national and international environmental factors on corporate policies and estimates the complexity of operating in an international environment when putting together a strategy. 4.a Has a functional multidisciplinary knowledge to identify social phenomena and to reflect on them, also from a philosophical-ethical perspective, and link them with the corporate and market reality in a reasoned way. 4.c Analyses the functioning of organisations and markets in relation to society and its actors. 8.d Sets forth a logical and coherent argumentation to support choices made when solving a (business) economic problem with practical relevance. 8.f Critically reflects on his own behaviour and approach, in the context of lifelong learning. 8.g Shows interest in current affairs and broadens his background knowledge. 12.a. Estimates the impact of business operations on various stakeholders and society. 12.d. Integrates sustainability values in the analysis of topical (business) economic problems and proposes solutions that take into account these values. Ethics and Legal - Discuss the actions founders can take to establish a strong ethical culture in their entrepreneurial ventures. - Describe actions taken in new firms to effectively deal with legal issues. - Provide an overview of the business licenses and permits that a start-up must obtain before it begins operating. - Identify and describe the different forms of organization available to new firms. System theory - Use systems theory to understand ERS problems and business modeling from all sides - Consider time, space and context in order to understand how elements interact within and between systems.