BUSN1510 Entrepreneurship and Global Ventures

This class will present the process of creating and developing a business venture. The course will cover four phases of new venture development, (1) opportunity identification, (2) feasibility analysis, (3) execution strategy and business plan development, and (4) growth, change and harvest strategies. The focus will be on the planning, financing, and managing of a selected venture. In addition to learning the process, students will select an idea for a new venture and create a business plan.

Credits

3

Prerequisite

Qualifying score on reading assessment test OR ENGL0921 and Recommended: Qualifying score on writing assessment test OR ENGL0930

Course Requirements and Evaluation

Refer to Course Syllabus for detailed information regarding the requirements and evaluation standards for this course. The Course Syllabus will be distributed the first week of the course.

Learning Outcomes

The following outcomes will be addressed in the course:
Define entrepreneurship and its role in the domestic and global economy
Define entrepreneurial ethics
Describe the risks, challenges, and rewards of entrepreneurship
Define creativity, inspiration, and innovation in the context of entrepreneurship
Conduct a feasibility analysis for new ventures and ideas
Identify the potential of new entrants into the business start-up’s industry
Analyze the threat of likely substitutes for the start-up’s product or service
Describe the differences between sole proprietorships, partnerships, and corporations
Describe the process of marketing, branding, and pricing
Describe the process of staffing a new venture
Review related regulations associated with the start-up’s product or service
Develop alternative business models for new venture ideas
Describe debt and equity financing
Define the process of exiting a business through sale, closure, or bankruptcy

Text and References

A list of textbooks required for this course is available at the campus store and in eServices.

Course Scheduling

The scheduled hours of instruction include sixteen hours for each lecture credit, thirty two hours for each lab credit and forty hours for each credit of supervised occupational experience (SOE). Lecture credit may include formal or impromptu lectures, demonstrations or discussions with the entire class or with small groups or individuals. Refer to the Credit Details section of this course outline for the credit breakdown.

Accommodations Statement

Access Services - Reasonable accommodations are available to qualified students with documented disabilities. Upon attending an intake meeting with Access Services, qualified students will receive a letter listing the approved accommodations that they may provide to their instructors. If you have a documented disability that may require accommodations, contact HTC Access Services at AccessServices@hennepintech.edu or https://hennepintech.edu/current-students/access-services/index.html

Campus

Brooklyn Park Campus and Eden Prairie Campus:  952-995-1300

Credit Details

lecture:

3

lab:

0