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ENT414Management Sciences2 Unitsintermediate

Venture Creation And Growth

This course explores the start-up process of a new venture and strategies for its growth. It covers various aspects of new venture creation, growth, and development, from idea generation to business operation diversification. Topics include business enterprise concepts, record-keeping, marketing, and business growth theories. The course aims to equip students with the knowledge and skills necessary for creating, managing, and developing successful business ventures.

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200h
Study Time
13
Weeks
15h
Per Week
basic
Math Level
Course Keywords
Venture CreationEntrepreneurshipBusiness GrowthMarketingBusiness Planning

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
➕
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Business Enterprise

2

Entrepreneurship

3

Business Venture

4

Marketing

5

Business Growth

6

Business Planning

7

Feasibility Study

8

Business Financing

9

Business Environment

10

Time Management

Total Topics10 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assignments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Business Owner

Apply your skills in this growing field

Entrepreneur

Apply your skills in this growing field

Business Manager

Apply your skills in this growing field

Business Consultant

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

Small and Medium Enterprises (SMEs)Start-up VenturesConsultingRetailManufacturing

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

MODULE ONE

4h

Unit 1: Business Enterprise

4 study hours
  • •Define business enterprise and entrepreneurship.
  • •Identify factors influencing business location.
  • •Conduct environmental scanning for a new business venture.
Week
2

MODULE ONE

4h

Unit 2: Going into a Business Venture

4 study hours
  • •Analyze motivations and strategies for starting a business.
  • •Evaluate the advantages and disadvantages of solo vs. team ventures.
  • •Choose a product and market entry strategy.
Week
3

MODULE ONE

4h

Unit 3: Entrepreneurship's Need for Capital

4 study hours
  • •Identify sources of financing for new business ventures.
  • •Understand intellectual property rights and their importance.
  • •Examine government policies on entrepreneurship.
Week
4

MODULE TWO

4h

Unit 1: General Record-Keeping in Business Venture

4 study hours
  • •Identify various types of records in a business venture.
  • •Learn techniques of record keeping in respect of various categories of business enterprises
  • •Learn the importance of different types of records in a business venture
Week
5

MODULE TWO

4h

Unit 2: Business Accounting Records

4 study hours
  • •Identify the different types of accounting records in business ventures
  • •Know the importance of these various records of account in business organizations
  • •Learn how to maintain these books of prime entries in business ventures
Week
6

MODULE TWO

4h

Unit 3: Laws Relating to Business Operations in Nigeria

4 study hours
  • •Learn about the laws that govern the operation of various business ventures in Nigeria
  • •Understand Custom law, Partnership law and Patent law
  • •Understand Standard Organization and Company Allied Matters Act
Week
7

MODULE 3

4h

Unit 1: Marketing

4 study hours
  • •Explain marketing activities of new business venture
  • •Understand growing and developing business ventures
  • •Understand Products and service and selling propositions of new business ventures.
Week
8

MODULE 3

4h

Unit 2: Theories of Business Growth

4 study hours
  • •Understand Theories of business growth
  • •Understand Strategies for growing business enterprises
  • •Understand Product and service firm growth
Week
9

MODULE 3

4h

Unit 3: Stages of Business Venture Growth

4 study hours
  • •Learn the characteristics of the various stages of business venture growth
  • •Understand Business enterprises growing techniques
  • •Understand Business management techniques after maturity stage of growth
Week
10

MODULE 4

4h

Unit 1: Entrepreneurship Development

4 study hours
  • •Understand Concept of entrepreneurship development
  • •Understand Definition of an entrepreneur
  • •Understand Definition of intrapreneur
Week
11

MODULE 4

4h

Unit 2: Characteristics of Entrepreneurs

4 study hours
  • •Understand Various types of problems associated with start-up business through management of business enterprise
  • •Understand Essential skills an entrepreneur requires
Week
12

MODULE 4

8h

Unit 3: Driving Force of Entrepreneurship

4 study hours
  • •Understand Entrepreneurship driving forces
  • •Understand Creative ideas and risk bearing
  • •Understand Environmental variables

Unit 4: The Development of Entrepreneurship

4 study hours
  • •Understand The Development of Entrepreneurship
  • •Understand Business Environment
  • •Understand SWOT Analysis
Week
13

MODULE 5

8h

Unit 1: Business Value Creation

4 study hours
  • •Understand Business and New Value Creation
  • •Understand What is Business?
  • •Understand Objectives of Business Venture

Unit 2: Feasibility Report and Business Financing

4 study hours
  • •Understand Feasibility Report and Financing
  • •Understand Components of Feasibility Report
  • •Understand Feasibility Report

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Review definitions of key entrepreneurship concepts from Unit 1.

2

Practice creating a SWOT analysis for a sample business idea.

3

Study different marketing strategies and their application to new ventures (Module 3).

4

Focus on understanding the components of a feasibility report (Unit 5.2).

5

Create a business plan outline, including financial projections and marketing strategies.

6

Review all Tutor Marked Assignments (TMAs) and their feedback.

7

Allocate study time evenly across all modules, focusing on areas of weakness.

8

Practice time management techniques during study sessions to simulate exam conditions.

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