ENT101

Introduction To Entrepreneurship

Management Sciences
100 level
2 credit units
208 pages
16 units

This course introduces the fundamental concepts of entrepreneurship. It explores the nature of management, the foundation of entrepreneurship, and how to discover business opportunities. The course also covers feasibility analysis, business plan development, and financing start-ups. Additionally, it examines the business environment, including political, legal, economic, and technological factors, to equip students with a comprehensive understanding of entrepreneurship.

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About this course

Difficulty: Intermediate
Study hours: 40 hours
Maths: Basic
Content: Theoretical
Practical work: No

How it is assessed

Assignments
Tutor Marked Assignments
Final Examination

What you'll read

The real module and unit structure of ENT101, taken from the course material NOUN publishes.

Module 1 · BACKGROUND AND OVERVIEW OF MANAGEMENT, ENTREPRENEURSHIP, BUSINESS OPPORTUNITIES.

Module 2 · FEASIBILITY ANALYSIS AND FINANCING OF A BUSINESS

Module 3

One paragraph, so you can see how it reads

ENT101 · MODULE 1: BACKGROUND AND OVERVIEW OF MANAGEMENT, ENTREPRENEURSHIP, BUSINESS OPPORTUNITIES.

This unit is designed to provide an insight into the definitions, nature and concept of management. By the end of the unit, you are expected to have an overview of what management entails, whether management is an art or science and who a manager is?

Start reading Get the original PDF, if you want it

What you should be able to do

Explain key management and entrepreneurship concepts
Identify and evaluate business opportunities
Develop a feasibility analysis and business plan
Understand sources of entrepreneurial finance
Analyze the business environment and its impact on organizations
Apply political, legal, economic, and technological factors to business decisions

What it prepares you for

Careers

Business Owner
Entrepreneur
Business Manager
Consultant
Business Analyst

Where it is applied

Small Business
Start-ups
Corporate Management
Consulting
Financial Services

Where it gets hard

The units students slow down on, and what makes each one heavy.

Module 2: Feasibility Analysis and Financing of a Business
Unit 3: Financing the Start Up Enterprise
Requires understanding of complex financial concepts and the ability to analyze financial statements.
MODULE 2: BUSINESS ENVIRONMENT (1)
Unit 4: The Legal Environment
Involves understanding of legal frameworks and their implications for business operations.

A suggested way through it

Suggested

13 weeks, about 28 hours in total. Yours will differ.

Week 1Module 1: Background and Overview of Management, Entrepreneurship, Business Opportunities.
- Unit 1: Definitions, Nature and Concepts of Management · 2 hours
  Define management and its principles. Explain the scope and purpose of management. Discuss management in profit and non-profit organizations.
Week 2Module 1: Background and Overview of Management, Entrepreneurship, Business Opportunities.
- Unit 2: The Foundation of Entrepreneurship · 2 hours
  Define entrepreneurship and explain the role of an entrepreneur. State the importance of entrepreneurship in economic development. Differentiate between an intrapreneur and an entrepreneur.
Week 3Module 1: Background and Overview of Management, Entrepreneurship, Business Opportunities.
- Unit 3: The Corporate Innovation on Entrepreneurs · 2 hours
  Explain corporate innovation philosophy. Identify entrepreneurial activities. Differentiate between an entrepreneur and an owner-manager.
Week 4Module 1: Background and Overview of Management, Entrepreneurship, Business Opportunities.
- Unit 4: Discovering Business Opportunities · 2 hours
  Define a business opportunity and differentiate it from a business idea. Identify sources of business opportunities. Explain factors involved in choosing a business opportunity.
Week 5Module 2: Feasibility Analysis and Financing of a Business
- Unit 1: Developing a Feasibility Analysis and Crafting a Business Plan · 2 hours
  Define a feasibility study and discuss its purpose. Identify problems in writing a feasibility report. Explain the meaning and benefits of a business plan.
Week 6Module 2: Feasibility Analysis and Financing of a Business
- Unit 2:Understanding Entrepreneurship · 2 hours
  Explain common myths about entrepreneurs. Describe the entrepreneurial process. Compare and contrast corporate and start-up entrepreneurship.
Week 7Module 2: Feasibility Analysis and Financing of a Business
- Unit 3: Financing the Start Up Enterprise · 2 hours
  Define entrepreneurial financing and identify sources of finance. Explain reasons for loan denials. Discuss factors financial institutions consider in evaluating loan proposals.
Week 8Module 2: BUSINESS ENVIRONMENT (1)
- Unit 1: The Internal Business Environment · 2 hours
  Explain the nature of the business environment. Differentiate between internal and external business environments. Discuss elements of the internal environment.
Week 9MODULE 2: BUSINESS ENVIRONMENT (1)
- Unit 2: The Task Environment · 2 hours
  Understand the impact of suppliers on business. Explain the role of distributors. Analyze the impact of customers and competitive rivalry on business.
Week 10MODULE 2: BUSINESS ENVIRONMENT (1)
- Unit 3: The Political Environment · 2 hours
  Discuss political systems and their impact on business. Explain the functions of government. Demonstrate how the political environment influences business.
Week 11MODULE 2: BUSINESS ENVIRONMENT (1)
- Unit 4: The Legal Environment · 2 hours
  List and explain types of laws. Discuss sources of law. Describe the legal system and its influence on business.
Week 12MODULE 3 BUSINESS ENVIRONMENT (2)
- Unit 1: The Economic Environment · 2 hours
  Understand the concept of economic system. Analyze macroeconomic factors. Explain the role of financial institutions.
Week 13MODULE 3 BUSINESS ENVIRONMENT (2)
- Unit 2: The Technological Forces · 2 hours
  Explain the meaning of technology and its impact on business. Understand technology investment and research and development. Discuss demographic forces and the cultural environment.
- Unit 4: The Cultural Environment · 2 hours
  Understand the meaning of culture. Distinguish subculture from the general culture. Explain how culture influences business generally.

Preparing for the exam

What to do

Review definitions of management, entrepreneurship, and related concepts from Unit 1
Practice identifying business opportunities using the frameworks from Unit 4
Study the components of a feasibility analysis and business plan from Module 2
Understand the sources of entrepreneurial finance and factors influencing loan approvals from Unit 3 of Module 2
Analyze case studies applying environmental factors (political, legal, economic, technological) to business decisions
Focus on understanding the key dimensions of cultural differences and their impact on international business from Unit 4 of Module 3

Questions students ask about this course

What is ENT101 about?

How many units does ENT101 have?

ENT101, Introduction To Entrepreneurship, has 16 units across 3 modules, over 208 pages of course material. You can read it one unit at a time.

How many credit units is ENT101?

ENT101 carries 2 credit units, at 100 level in Management Sciences.

Is ENT101 hard?

ENT101 is rated intermediate level, with basic mathematical content. It is mostly theoretical work.

How long does ENT101 take to study?

About 40 hours of study, spread across its 16 units.

How is ENT101 assessed?

ENT101 is assessed by Assignments, Tutor Marked Assignments and Final Examination.

What can I do with ENT101?

Business Owner, Entrepreneur, Business Manager, Consultant and Business Analyst.

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