Course Outline

Business Environment: BNVO

Brief This course is aimed at students who have a good grounding in business
Description: fundamentals and whose careers may lead eventually to business
ownership or some business planning responsibilities for employers. Most
of these students are not yet prepared to provide the enormous effort
required to complete a comprehensive Business Plan. Even though this
may seem desirable, it might not be realistic for reasons of workload
(student and teacher) or student preparedness. At this level, students
would be expected to sharpen the focus of their business ideas and do much
of the research and background work toward their own Business Plan, but
would not be expected to complete the Plan in order to get the course
credit. Typically, these would be 3 year business diploma students or
business degree students in an introductory course.

Course Not applicable

Prerequisites:

Textbook Business Plan, Business Reality: Starting and Managing Your Own
required for Business in Canada, 4/E
this Course: By James R. Skinner
ISBN-13: 978-0-13-337026-3
Copyright 2015, Pearson Education Canada

Course 40 hours
Duration
An additional 2 to 3 hours of homework per night is expected during this
course.

Delivery Instructor-led lecture-based and supervised team activities

Course Upon completion of this course, the student will have reliably
Objectives: demonstrated the ability to:

• Discuss personality characteristics of successful entrepreneurs.

• Assess his/her own potential as an entrepreneur.
• Discuss the advantages and disadvantages of buying an existing firm.
• Discuss the advantages and disadvantages of buying a franchise.
• Identify techniques for evaluating a business
• Identify the marketing considerations for new or existing businesses.
• Identify and describe the components of a business plan.
• Identify sources of finance and explain the applicability of sources of
small business assistance.
• Demonstrate the ability to prepare major portions of a Business Plan.

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 Course Outline
Business Environment: BNVO

Generic skills will also be developed in that the student will be able to:
• Apply mathematical techniques to solve problems related to costing,
business valuation and profitability.
• Interact with others in groups in order to solve case problems.
• Adapt to new situations and demands by identifying up-to-date sources
of Small Business Information.
• Research and write a major portion of a business plan.

Course Daily Assessments 10%

Assessments Class Discussion 20%
Mid-Term Exam 20%
Final Exam 20%
Essay 30%

A 60% is required for a pass in this course.

Attendance Students are expected to attend every day of class, arriving on time,
Expectations returning from breaks promptly and remaining until class is dismissed for
the day.

Absences are permitted only for medical reasons and must be supported
with a doctor’s note. See attendance policy for the College.

Dress Students are expected to dress appropriately and must be in accordance

Expectations with the College’s dress code policy.

Generic The College is committed to ensuring that students have the full range of
Skills knowledge and skills required for full participation in all aspects of their
lives, including skills enabling them to be life-long learners. To ensure
graduates have this preparation, such generic skills as literacy and
numeric, computer, interpersonal communications, and critical thinking
skills will be embedded in all courses. The table below indicates the generic
skills that are applicable to this course.

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 Course Outline
Business Environment: BNVO

Course Day Topical Coverage

Breakdown
1 Lecture/Lab:
 Chapter 1, Chapter 2
Activities:
 None
Homework:
 Cases 1A, 1B, 2A, 2B
 Read Chapter 3

Assignment (Essay): Prepare a 1500-word essay applying the

4 areas of a business plan and to any local business of your
choosing. Include discussion on the future prospect of the
business.
Due: Last day of class
2 Lecture/Lab:
 Cases 1A, 1B, 2A, 2B
 Chapter 3
Activities:
 Class Discussion: Cases 1A, 1B, 2A, 2B
Homework:
 Cases 3A, 3B
 Read Chapter 4

3 Lecture/Lab:
 Cases 3A, 3B
 Chapter 4
Activities:
 Class Discussion: Cases 3A, 3B
Homework:
 Cases 4A, 4B
 Read Chapter 5

4 Lecture/Lab:
 Cases 4A, 4B
 Chapter 5
 Cases 5A, 5B
Activities:
 Class Discussion: Cases 4A, 4B
 Class Discussion: Cases 5A, 5B
Assignment and Reviews:
 Review Chapters 1 - 5
Homework:
 Study for Exam 1: Chapters 1-5

5 Lecture/Lab:
 Review chapters 1-5
Activities:
 Mid-Term Exam
Homework:
 Read Chapter 6

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 Course Outline
Business Environment: BNVO

6 Lecture/Lab:
 Chapter 6

Homework:
 Cases 6A, 6B
 Read Chapter 7, Chapter 8

7 Lecture/Lab:
 Cases 6A, 6B
 Chapter 7, Chapter 8
Activities:
 Class Discussion: Cases 6A, 6B
Homework:
 Cases 7A, 8A
 Read Chapter 9, Chapter 10

8 Lecture/Lab:
 Cases 7A, 8A
 Chapter 9, Chapter 10
Activities:
 Class Discussion: Cases 7A, 8A
Homework:
 Cases 9B, 10B
 Read Chapter 11, Chapter 12

9 Lecture/Lab:
 Cases 9B, 10B
 Chapter 11, Chapter 12
 Cases 11A, 12B
Activities:
 Class Discussion: Cases 9B, 10B
 Class Discussion: Cases 11A, 12B
Assignment and Reviews:
 Review Chapters 6-12
Homework:
 Study for Final Exam, Chapters 6-12

10 Lecture/Lab:
 Submit Assignment (essay)
 Final Exam

Course Information contained in this course outline is correct at the time of

Change publication. Content of the courses is revised on an ongoing basis to
ensure relevance to changing educational employment and marketing
needs. The instructor will endeavour to provide notice of changes to
students as soon as possible. Timetable may also be revised.

NOTE: The Daily Topical Coverage is provided as a guideline only.

Instructors may modify the flow as required to ensure proper
coverage.