INTRODUCTION TO SMALL BUSINESS MANAGEMENT MANAGEMENT 103 (52356) 3 semester credits Summer Semester 2014

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1 INTRODUCTION TO SMALL BUSINESS MANAGEMENT MANAGEMENT 103 (52356) 3 semester credits Summer Semester 2014 Class Meeting Information This course meets online Full Semester Course (June 9-August 2) ** The course will be available by 8:00 AM on the first day of instruction (WNC Policy ). Instructor: Dr. Angela Sawyer Phone: (775) **Instructor will respond to student communications within 48 hours except during weekends and holidays (WNC Policy ). Division Contact: Sherry Black Director of Career and Educational Technology Office: Carson City (775) ext IT IS THE RESPONSIBILITY OF EACH STUDENT TO READ AND UNDERSTAND THIS SYLLABUS. Contact the Instructor if you have any questions. Once you have read over the syllabus send me an (through the course ) stating "I have read over the syllabus and I understand all of the requirements for this course." All s are due by Sunday, June 15, General Information Name: Introduction to Small Business Management Discipline: Management (MGT) Credits: 3 Class Schedule: Online Prerequisites: None

2 Transfer Information: Courses with numbers 100 to 299: This course is designed to apply toward a WNC degree and/or transfer to other schools within the Nevada System of Higher Education, depending on the degree chosen and other courses completed. It may transfer to colleges and universities outside Nevada. For information about how this course can transfer and apply to your program of study, please contact a counselor. Academic Division: Social Science, Education, Humanities & Public Service Course Outline I: Catalog Course Description Develops an understanding of the small business enterprise with emphasis on how such businesses are started and managed successfully, including planning, finance, marketing, administrative control, and other type of activities. II: Course Objectives This course develops an understanding of the small business enterprise, with emphasis on how such businesses are started and managed successfully, including planning, finance, marketing, administrative control, and other types of activities. Set goals and develop ideas for business opportunities. Analyze the market and financial feasibility of business ideas. Determine the financial needs and also the sources of funding to start or buy a business. Devise practical marketing, promotion, sales ideas, and methods. Develop and implement appropriate management and financial controls. Prepare a comprehensive business plan to start, purchase, or evaluate a small business. III: Course Linkage Linkage of course to educational program mission and at least one educational program outcome. This class meets a requirement of the following: AAS-Accounting Emphasis, AAS- Applied Accounting Emphasis, AAS- General Business Emphasis, AAS- Management Emphasis, and AAS- Real Estate Emphasis. MGT 103 (SMALL BUSINESS MANAGEMENT) addresses Student Learning Outcomes:

3 1. know the subject matter appropriate to the emphasis of the degree. 2. have developed managerial and personal skills essential to the current business environment. Textbook: Purchase is required. Small Business Management: Launching and Growing Entrepreneurial Ventures, By Longenecker, 17th Edition. ISBN ISBN Methods of Instruction: Include discussion of text and class materials, analysis of case studies, and small group projects, problem-solving exercises. Attendance Policies: READ CAREFULLY! This is a challenging class which moves at a fast pace and covers a lot of information. Students are expected to attend every class for the entire length of time. The Instructor may drop any student who misses 3 or more classes during the semester. Leaving a class session early will count as an absence. Students receive credit for participating in Class Discussions, and there is no make-up for missed Discussions. Online students are NOT required to attend classes on campus. However, online students are required to log into the course often enough to remain abreast of any communications from the instructor. It is the student s responsibility to be aware of what is happening in the class online. If you are not able to pull up any one of the icons then you need to contact the HELP DESK. If there is a problem with the system, then the technician needs to contact me ASAP. Previous College Work: This class includes some business math, finance, and also writing assignments. Students are expected to be competent in Business Math and English. Many students will find it helpful to first complete Business Math (BUS 109B), English 101, and a basic Bookkeeping or Accounting class. Talk with the Instructor if you have any questions about this. Preparing for Class: Prepare for class by doing the reading, reviewing PowerPoint, and listing any questions. The amount of time will vary according to each student s background and abilities. Students are responsible for reading the chapters that are being covered for the week. Please look at the class schedule at the end of the syllabus to see what chapters will be discussed each week. As well you are expected to log into the course often enough to remain abreast of any communications from the instructor. It is the student s responsibility to be aware of what is happening in the class online.

4 Project: See next page for description. Midterm/Final Exam: There shall be two examinations given during this course, a midterm and a final examination. The midterm and final exams are not proctored and will be given online. You will have 2 hours to take it and it will be 50 questions. The midterm is the week of June 8:00am PST- July 11:55pm PST and the Final is the week of July 8:00am PST-August 11:55pm PST. The instructor reserves the right to utilize whatever format (true-false, multiple choice, fill in the blank, essay/short answer) or combination of formats she deems necessary and in the students best interest. There is no make-up for missed Midterm exams and Final exams. Students are expected to take the exams during the week they are given. Remember, you only have one attempt and all midterm/final exams are closed book!!!!! Practice Quizzes: Quizzes are not proctored and are given online each week. These practice quizzes are provided as an aid for preparing for the midterm exam and the final exam. Additionally, preparation for the midterm exam and final exam should include review of each chapter and the chapter handouts posted each week. The quiz will contain 20 questions and you will only have 40 minutes to take the quiz. Each quiz will only pertain to the chapters that are being covered for the week. The instructor reserves the right to utilize whatever format (true-false, multiple choice, fill in the blank, essay/short answer) or combination of formats she deems necessary and in the students best interest. Each quiz is due by Sunday 11:55pm of that week. However, you will have unlimited attempts, so keep practicing! Again, these practice quizzes will not be graded!! Discussions/Student participation: Students will be graded on their participation in class discussions. Students must post their initial response to the discussion board by Thursday (11:55pm PST) of each week. By Sunday (11:55pm PST), you will need to respond to at least ONE classmate and post the response under the classmate you are responding to. There is no make-up for missed discussions. Incomplete discussions or discussions not turned in on time will be given a 0. ****Please do not use Wikipedia. Wikipedia is not considered a credible or authoritative source. This is especially true considering anyone can edit the information given at any time. Student Participation & Conduct: Students are expected to post assignments on time, and to treat the Instructor and his/her fellow students with courtesy and respect. Any

5 student who engages in rude, disruptive, or distracting behavior will be asked to leave the discussion board and/or class. Policy on Late Work and Make-Up: The policy regarding make-up of required course work is as follows: 1. A student may petition a teacher to make up work when the student has permissible grounds for requesting the makeup. 2. A student will be required to present documentation, which attests the absence is a permissible reason. 3. A student should confer with the teacher prior to an absence, if possible, and arrangements for any makeup of missed assignments should be discussed and agreed upon at this time. 4. A student must petition for makeup of the assignment on the first day that he or she returns to class and/or log into their online course. 5. If permission is approved, the teacher and the student should agree on an acceptable date for completion that will not allow more than five days. 6. Failure to act in accordance with #4 may result in the denial to make up required assignments. 7. A ten percent (10%) penalty will be deducted from grades on makeup quizzes (a date will be selected by the Instructor). There is no make-up for missed discussions, tests (1-3), and final exam. Students are expected to complete discussions, test (1-3) and the final exam during the week they are given. However, for practice quizzes, you may request an extension, if an emergency occurs. I am more than willing to work with you on completing your assignments. If you need help or an extension on your work, please let me know asap. Class Schedule: See attached for reading assignments, deadlines, and planned class activities (class outline posted at the end of the syllabus). ******All work needs to be completed or sent through the course website (in Moodle). This goes for all assignments, papers, projects, or s. If you do not turn in the work through the course website, I WILL NOT TAKE IT. If you are having trouble navigating through the course, please contact the help desk or go into the college for help. Grading:

6 Your grade will be calculated as an average of the percentages received from each category of assignments listed below, Final grades for this course are determined by the following: Midterm Exam 25% Final Exam 25% Class Discussion/response to classmate 25% Project--- Discussion- PowerPoint topic chosen/why selected (10pts) PowerPoint Presentations (80pts) Respond to at least 2 classmate s PowerPoint Presentations (10) = a total of 100 pts (25 % of your grade) The following grading scale is in effect: A B C D A B C D B C D F 0-59 F For instances of academic dishonesty 1. The "Plus" and Minus" is a part of the grading scale for each institution. It is up to individual faculty members to exercise this option. 2. The "F" grade is a part of the grading scale for each institution. All grades are awarded according to faculty members' judgements. Students may repeat failed courses. 3. Withdrawal indicates that the student did not complete the course. According to WNC Policy , Instructors may not issue a grade of W. Under extenuating circumstances that occur after the student withdrawal deadline has passed, the student, with the approval of the instructor of record, may petition the Vice President of Academic and Student Affairs or the Dean of Instruction to be given a grade of W. As stated in WNC Policy , for classes that meet four weeks or longer, a student initiated withdrawal must be completed by the date that 60% of the instruction has occurred. For classes that meet less than four weeks, a student initiated withdrawal must be completed by the day before the first class meeting. Again, I will not assign a W grade for the course. If you choose to withdraw from the course, it is your responsibility to do so according to WNC policy. Otherwise, I will give you the grade you have earned by the date of the Final Exam. 4. The course syllabus shall contain a clear explanation of the grading scale to be used by the faculty member. Students may not appeal the format an instructor chooses.

7 5. "I" GRADE: An Incomplete grade may be given by the instructor when a student has completed 75 percent of the course work with a grade of at least "C," but where there is some verifiable, compelling reason for the lack of completion. College regulations limit the amount of time the student has to make up assignments or examinations. The "I'' (Incomplete) must be made up within 120 days. Failure to do so will result in the "I'' grade being changed to a "W.'' A student wishing to complete the work for a course in which he/she received an Incomplete must make arrangements with the instructor who issued the incomplete grade. A grade change is due to Admissions & Records within 120 days of the end of the applicable semester. Official Grades As per WNC policy, students may view their grades online at mywnc. Mid-term grades for full-term classes are generally available after the eighth week of the semester for fall and spring semesters; mid-term grades are not available for short-term classes. Final grades are available two weeks after the end of the semester. To find out your final course grade, you will have to wait for the official grade to be posted on mywnc website. Due to FERPA laws, the Instructor WILL NOT grades to students! Official grades are posted at the mywnc website (my.wnc.edu). Log in to your account and select "Grades" to view submitted final grades. Grades found in your online course may or may not accurately reflect your official grade. If you have any questions, please contact your instructor at (775) ACADEMIC INTEGRITY Western Nevada Community College is committed to providing a high quality educational experience for all students who attend the college. Academic integrity and honesty in all educational classrooms and programs are critical in providing this high level of education attainment. Students at Western Nevada Community College are expected to be honest and forthright in their academic endeavors because academic dishonesty disrupts the learning process and threatens the educational environment for all students. Guidelines for Academic Integrity Students assume full responsibility for the content and integrity of the coursework they submit. The following are guidelines to assist students in ensuring academic integrity:

8 Students must complete and submit only their own work on examinations, reports, and projects, unless otherwise permitted by the instructor. Students are encouraged to contact their instructor about appropriate citation guidelines. Students may benefit from working in groups. They may collaborate or cooperate with other students on graded assignments or examinations as directed by the instructor. Students must follow all written and/or verbal instructions given by instructors or designated college representatives prior to taking examinations, placement assessments, tests, quizzes, and evaluations. Students are responsible for adhering to course requirements as specified by the instructor in the course syllabus. Academic Dishonesty The College places a high expectation on all students to act honestly in all situations. The College does recognize that some students will choose to commit acts of academic dishonesty, which places an expectation on all faculty and staff to confront these acts of dishonesty. What is Academic Dishonesty? Academic dishonesty is any form of cheating and plagiarism which results in students giving or receiving unauthorized assistance in an academic exercise or receiving credit for work which is not their own. Academic dishonesty is a behavioral issue, not an issue of academic performance. As such, it is considered an act of misconduct and is subject to the College disciplinary process as defined in the Nevada System of Higher Education Code. What are Specific Acts of Academic Dishonesty? Cheating Cheating is an act of deception by which a student misrepresents that he or she has mastered information on an academic exercise, which in fact has not been mastered. Examples include: Copying from another student s test or assignment. Allowing another student to copy from a test or assignment. Collaborating during a test with any other person without instructor permission. Using the course textbook or other course materials during a test without instructor permission. Using prepared materials during a test (e.g., notes, formula lists, notes written on the student s clothing, etc.) without instructor permission. Stealing, buying, or otherwise obtaining all or part of a test before it is administered. Selling or giving away all or part of an unadministered test, including answers. Bribing any person to obtain an unadministered test or any information about the test.

9 Taking a test for someone else or permitting someone to take a test for the student. Plagiarism Plagiarism is presenting someone else s words, ideas or data as one s own. When a student submits work that includes the words, ideas or data of others, the source of that information must be acknowledged through complete, accurate and specific references, and if verbatim statements are included, through quotation marks as well. In academically honest writing or speaking, the student will acknowledge the source whenever: Another person s actual words are quoted. Another person s idea, opinion or theory is used, even if it is completely paraphrased in the student s own words. Facts, statistics, or other illustrative materials are borrowed, unless the information is common knowledge. Some pitfalls that lead to plagiarism: Procrastination Failure to follow instructions for the assignment Inadequate writing skills to accomplish the assignment How you can avoid these problems: Have someone you trust review your work and/or sources. Talk with your faculty members, Division Chair, or counselor about your writing skills. Complete drafts before due dates. Use the Academic Skills Center. Multiple Submission Submitting, without prior permission, any work submitted to fulfill another academic requirement. Fabrication Fabrication is the intentional use of invented information or the falsification of research or other findings with the intent to deceive. Examples include: Submitting as the student s own work any academic exercise (e.g., written work, lab work, computer work, art work, etc.) prepared totally or in part by another. (The typing of a student paper by another person is permissible, but all corrections and rephrasing must be the student s own.) Inventing data or source information for research or other academic exercises. Citing of information not taken from the source indicated. Listing sources in a bibliography not actually used in the academic exercise. Grade Tampering

10 Grade tampering involves changing, altering, or being an accessory to the changing and/or altering of a grade in a grade book, on a test, on an assignment, on a grade change form, or on any other official academic record. Failure to Report a Violation The conscious failure to report any student who has committed a breach of the Code and may result in action against the student involved. This is not meant to be an exhaustive list of all acts of academic dishonesty, but is a guide to help student and faculty understand what constitutes academic dishonesty. Please visit website if you need additional information. Disabled Students: Any student with a disability needing academic adjustments or accommodations is requested to speak with me or contact the Disability support coordinator (Bristlecone building, room 103), as soon as possible to arrange for appropriate accommodations. MANAGEMENT PROJECT Students are required to do a business plan. A business plan is an essential roadmap for business success. This living document generally projects 3-5 years ahead and outlines the route a company intends to take to grow revenues. Many textbooks have suggested business plans should be pages. For this class, your business plan WILL NOT be that long. Instead, of writing out a business plan you will present your business plan through a PPT. You should look at all the pieces from marketing to finance. Please include at least a side for each topic. The place where most students lose points is on the financial statements. Please include a balance statement, an income statement, and a cash flow statement. For this class, you will only project the first three years of the business. The Instructor will provide additional information in the first part of the semester, and will gladly work with students individually. If you have questions, talk with the Instructor! By June 29, 2014 select a business you would like to implement. At that time you will have to turn in a discussion posting, which briefly identifies your business and explains why you would like to start this business -- this is worth 10 points. For the discussion posting, students must submit at least 2 paragraphs with 5 references in APA format.

11 FINAL REPORTS: You are required to present the results of your research through a PowerPoint. The PowerPoint must be 8-10 slides with 5 references. The title page and your references will not count towards the 8-10 slides. The Instructor will provide further information later in the semester about the required content and grading criteria for the PowerPoint. ****Please do not use Wikipedia. Wikipedia is not considered a credible or authoritative source. This is especially true considering anyone can edit the information given at any time. TIMELINE: Discussion posting- identifies your business and explains why you would like to start this business June 29 All PowerPoint Presentations are due July 20 Late PowerPoint Presentations receive a 10% grade penalty, but no PPT accepted after July 25! During week 7, you must repost your PPT (under the discussion link) for your classmates to view by July 22. Respond to 2 classmate s PowerPoint (10pts) July 27 PowerPoint Presentations are returned with grades August 2 MGT 103: CLASS SCHEDULE Week Start-End Date TEXT READING/ MAJOR TOPICS Before you begin Start Here. the course (Week 1), read this information and complete the following tasks (list on right-hand side) ASSIGNMENTS DUE ***Due dates and times are listed in the course. Post class Introduction/reply 1 classmate s introductions; Review Syllabus/post reply; Familiarize yourself with the course 1 June 9-June 15 Chapters 1-3 Read Chapters 1-3/handouts; Practice quiz 1; Submit discussion question and Respond to 1 classmate 2 June 16-June 22 Chapters 4-6 Read Chapters 4-6/handouts; Submit Discussion Question

12 and Respond to 1 classmate; Practice quiz Start thinking of a business for your PowerPoint!!! 3 June 23-June 29 Chapters 7-9 Read Chapters 7-9/handout; Submit Discussion Question and Respond to 1 classmate; Practice quiz; Start project- Discussion dueidentifies your business and explains why you would like to start this business (due by June 29) Review for Midterm Exam 4 June 30-July 6 Chapters Read Chapters /handouts; Practice quiz. Continue to work on PowerPoint MIDTERM EXAM IS THIS WEEK!!! MIDTERM EXAM ONLINE- Chapters 1-12 June 8:00am PST- July 11:55pm PST 5 July 7-July 13 Chapters Read Chapters 13-15/handouts; Submit Discussion Question and Respond to 1 classmate; Practice quiz; Continue to work on PowerPoint

13 6 July 14-July 20 Chapters Read Chapters 16-19/handouts; Practice quiz ALL POWERPOINT PRESENTATIONS ARE DUE July 20 (80 pts)! ****Please do not use Wikipedia. Wikipedia is not considered a credible or authoritative source. This is especially true considering anyone can edit the information given at any time. 7 July 21-July 27 Chapters Read Chapters 20-23/handouts; Practice quiz During week 7, you must repost your PowerPoint (under the discussion link) for your classmates to view by July 11:55pm PST. Respond to 2 classmate s PowerPoint (10pts) by July 11:55pm PST. 8 July 28-August 2 FINAL EXAM IS THIS WEEK!!! Final Exam Review Keep studying! FINAL EXAM ONLINE- Chapters (CLOSED BOOK) July 8:00am PST- Aug 11:55pm PST.

14 ******The course ends Aug. 11:55pm PST. ***To find out your final course grade, you will have to wait for the official grade to be posted on mywnc website. Due to FERPA laws, the Instructor WILL NOT grades to students! *********Remember, the above outline is just a guide and discussions/quizzes may change throughout the course. I am always available to answer questions. Be sure to ask. Don't feel intimidated at all. It takes all of us time to learn how to learn about small business management. It's good to ask questions; it's how we all learn. And at times, students raise points I hadn't thought of and so I learn too. I like that! Welcome to MGT 103!! Good luck in the course. Have fun!!

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