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ENT204

Entrepreneurship and Change Management

This course explores entrepreneurship and change management concepts. It covers topics such as the psychological and socio-economic approaches to entrepreneurship, corporate outlook in Nigeria, transformational leadership, and quality management. Students will learn about teamwork, change models, and strategies for overcoming resistance to change. The course also examines the importance of a business plan for business growth and the role of innovation in a changing environment. It aims to equip students with the knowledge and skills necessary to manage and lead effectively in dynamic business settings.

About this course

Difficulty
Intermediate
Study hours
208 hours
Maths
Basic
Content
Theoretical, case study
Practical work
No
How it is assessed
  • Assignments
  • Tutor marked assessments
  • Final examination

One paragraph, so you can see how it reads

ENT204 · UNIT 1: INTRODUCTION TO ENTREPRENUERSHIP

In this unit effort is made to present the basic idea about entrepreneurship as well as the factors influencing entrepreneurship. You will need to understand these factors to be able to appreciate issues you will follow in the subsequent units.

What you should be able to do

  1. Explain the concept of entrepreneurship and its various approaches.
  2. Analyze the factors influencing corporate outlook and strategies for minimizing corporate failure.
  3. Apply transformational leadership principles to enhance organizational effectiveness.
  4. Evaluate different change models and their application in managing organizational change.
  5. Utilize quality improvement tools and techniques for positive change.
  6. Develop a comprehensive business plan for business growth.

What it prepares you for

Careers
  • Business Manager
  • Entrepreneur
  • Management Consultant
  • Project Manager
  • Business Analyst
Where it is applied
  • Banking and Finance
  • Manufacturing
  • Consulting
  • Healthcare
  • Technology

Where it gets hard

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

  • Module 3:

    Unit 3: The Views of Quality Gurus

    Understanding the nuances of different quality gurus' philosophies and their practical applications requires critical thinking and comparative analysis.

  • Module 4:

    Unit 1: Basic quality improvement tools and techniques

    Applying various quality improvement tools and techniques to real-world scenarios demands analytical skills and a deep understanding of statistical methods.

A suggested way through it

Suggested

13 weeks, about 45 hours in total. Yours will differ.

  1. Week 1Module 1: Introduction
    • Unit 1: Introduction to entrepreneurship · 3 hours

      Read the unit introduction to understand the basic idea about entrepreneurship.. Study the definitions and conceptual clarifications of entrepreneurship.. Identify and understand the individual and ethno-cultural factors influencing entrepreneurship.. Reflect on the impact of ethno-cultural factors on consumer behavior..

  2. Week 2Module 1: Introduction
    • Unit 2: Understanding the modern concept of entrepreneurship · 3 hours

      Review early references to the entrepreneur and compare earlier and modern scholars' descriptions.. Evaluate the modern concept of entrepreneurship.. Examine the essentials for successful entrepreneurs.. Analyze the merits and challenges of entrepreneurship..

  3. Week 3Module 1: Introduction
    • Unit 3: Psychological Approach to Entrepreneurship · 3 hours

      Evaluate the personality traits of entrepreneurs.. Discuss the characteristics that set entrepreneurs apart from others.. Analyze the need for achievement and its impact on entrepreneurial behavior.. Explain the two types of locus of control and their relevance to entrepreneurship..

  4. Week 4Module 1: Introduction
    • Unit 4: Socio-Economic Approach to Entrepreneurship · 3 hours

      Evaluate the key assumptions associated with the sociological approach to studying entrepreneurship.. Discuss Max Weber's paradigm and his perspective on Protestant work ethics in relation to entrepreneurship.. Analyze the behavioral patterns of entrepreneurs within the broader societal context.. Explain the economic incentives necessary to promote and sustain entrepreneurial activities..

  5. Week 5Module 1: Introduction
    • Unit 5: Business Expansion and the Changing Role of the Entrepreneur · 3 hours

      Understand the challenges with business expansion.. Analyze the changing role of the entrepreneur as the business grows.. Identify alternative solutions to problems of business expansion.. Evaluate the different reactions to business change by entrepreneurs..

  6. Week 6Module 2:
    • Unit 1: Corporate outlook in Nigeria · 3 hours

      Analyze the nature of corporate outlook in Nigeria.. Understand the causes of corporate failure.. Evaluate preventive and curative measures to minimize corporate failures.. Evaluate key areas of corporate failure..

  7. Week 7Module 2:
    • Unit 2: Transformational leadership and organizational effectiveness · 3 hours

      Analyze reasons for transformational leadership in corporate growth.. Explain the components of transformational leadership.. Understand the guidelines for transformational leadership.. Evaluate the approaches to organizational effectiveness..

  8. Week 8Module 2:
    • Unit 3: Models of Effective Change · 3 hours

      Evaluate the basic elements in change management.. Demonstrate the methods of analyzing change.. Analyze the restraining or driving forces that will affect transition.. Discuss some important models of change..

  9. Week 9Module 2:
    • Unit 4: Entrepreneurship in a Changing Environment · 3 hours

      Understand the nature of changes in the marketplace.. Analyze the meaning of outsourcing and its implications.. Explain the gains of fragmentation in business.. Analyze the role of modern technology in a dynamic environment.. Discuss the competitive advantage of small businesses in a changing environment..

  10. Week 10Module 3:
    • Unit 1: Teamwork in a Dynamic Business Environment · 3 hours

      Explain the work-team idea and its importance in a dynamic business environment.. Evaluate why firms are now turning to teams.. Understand different types of teams and their functions.. Discuss the stages of work team formation and their characteristics.. Examine the team learning factors that contribute to team effectiveness..

  11. Week 11Module 3:
    • Unit 2: Team Building in Business Set-Up · 3 hours

      Explain the meaning of team building and its objectives.. Analyze the nature of the team-building cycle.. Evaluate the characteristics of a well-functioning work team.. Examine the guidelines for effective team member participation..

  12. Week 12Module 3:
    • Unit 3: The Views of Quality Gurus · 3 hours

      Evaluate the concept of quality in greater depth.. Analyze the views of quality gurus on quality management.. Discuss the measures for solving quality crises.. Evaluate Clus Moller's Human and Personal Quality concept..

    • Unit 4: Quality Improvement for Positive Change · 3 hours

      Examine the concept of quality concisely.. Analyze quality from different perspectives.. Evaluate the four major stages that quality evolved through.. Discuss the concept of evolution in quality management..

  13. Week 13Module 4:
    • Unit 1: Basic quality improvement tools and techniques · 3 hours

      Demonstrate the need for quality tools for the entrepreneur.. Examine the relevance of a particular tool and technique in a given circumstance.. Evaluate quality tools for practical application.. Discuss the benefits and limits of quality tools and techniques..

    • Unit 2: Management of change · 3 hours

      Analyze the forces of change affecting organizations.. Evaluate the types of change and their impact.. Discuss ways of managing change effectively.. Explain the external and internal origins of change..

Preparing for the exam

What to do
  • Review all unit learning outcomes to ensure comprehensive understanding.
  • Create concept maps linking psychological, socio-economic, and economic factors influencing entrepreneurship (Modules 1-2).
  • Practice applying change management models (Lewin's, Thurley's) to case studies of organizational change (Module 2).
  • Compare and contrast the quality management philosophies of Deming, Juran, and Crosby (Module 3).
  • Master the application of basic quality improvement tools like flow charts, check sheets, and Pareto analysis (Module 4).
  • Develop a sample business plan, focusing on realistic financial projections and marketing strategies (Module 4).
  • Allocate study time proportionally based on the weight of each module in the final examination.
  • Form study groups to discuss complex concepts and share insights.
  • Review all Tutor-Marked Assignments (TMAs) and their solutions to identify areas needing further attention.

Questions students ask about this course

What is ENT204 about?

This course explores entrepreneurship and change management concepts. It covers topics such as the psychological and socio-economic approaches to entrepreneurship, corporate outlook in Nigeria, transformational leadership, and quality management. Students will learn about teamwork, change models, and strategies for overcoming resistance to change. The course also examines the importance of a business plan for business growth and the role of innovation in a changing environment. It aims to equip students with the knowledge and skills necessary to manage and lead effectively in dynamic business settings.

How many units does ENT204 have?

ENT204, Entrepreneurship and Change Management, has 17 units across 4 modules, over 228 pages of course material. You can read it one unit at a time.

How many credit units is ENT204?

ENT204 carries 2 credit units, at 200 level in Management Sciences.

Is ENT204 hard?

ENT204 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work.

How long does ENT204 take to study?

About 208 hours of study, spread across its 17 units.

How is ENT204 assessed?

ENT204 is assessed by assignments, tutor marked assessments and final examination.

What can I do with ENT204?

Business Manager, Entrepreneur, Management Consultant, Project Manager and Business Analyst.

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