DEPARTMENT OF GENERAL STUDIES CENTRE FOR ENTERPRENUERSHIP DEVELOPMENT AND SKILLS ACQUISITION STUDIES FIRST SEMESTER 2023/2024 ACADEMIC SESSION
PROGRAMME: GENERAL STUDIES
COURSE CODE: EED 126 COURSE TITLE: Introduction to Entrepreneurship COURSE UNIT: 2.0 DURATION: 2 HOURS PER WEEK, 30 HOURS PER SEMESTER SCHEDULE: 1ST SEMESTER ND 1 FOR ELECTRICAL AND ELECTRONIC ENGINEERING Goals of the Course This course is designed to create general entrepreneurship awareness in the student with a view to inculcating in him the spirit of self-reliance. General objectives of the course 1. Understand the basic concept of entrepreneurship awareness in the student with a view to inculcating in him the spirit of self-reliance. 2. Understand the roles of entrepreneurship in personal and national growth and development. 3. Know how to set business goals. 4. Know how to identify business opportunities. 5. Know how to draw simple business plans. 6. Develops interest in learning a specified entrepreneurial skill 7. Know how to implement a simple business and manage it 8. Know the 7Ps of marketing Course Outlines 1. The Basic Concept of Entrepreneurship. a. Explain the terms: - - Entrepreneurship - Entrepreneur - Enterprise - Self Employment -Wage Employment b. Compare: - - Wage Employment and Entrepreneurship - Self Employment and Entrepreneurship c. Identify the facilities and opportunities available for self-employment. d. Identify successful entrepreneurs in Nigeria. e. Evaluate the role of entrepreneurship in wealth creation. 2. The Roles of Entrepreneurship in Personal and National Growth and Development a. Explain how entrepreneurship leads to the creation of - Self Confidence - Self Expression - Wage Employment for Others - Self Employment b. Identify resources and constraints of entrepreneurship. C. Explain how entrepreneurship leads to import substitution and utilization of local resources. d. Explain how entrepreneurship leads to equitable distribution of industries. e. Explain the spirit of Achievement Motivation Test (A.M.T) 3. How to Set Business Goals a. Evaluate strengths, weaknesses opportunities and threat (SWOT Analysis), b. Explain the personal characteristics of an entrepreneur. c. Explain the Entrepreneurial Tasks: - Leadership - Decision making - Business planning - Time Management - Self management. 4. How to identify business opportunities a. Define business opportunity. b. Identify the process of product/service selection. c. State the process of exploring opportunities. 5. How to draw simple business plans a. Define the concept of business plan. b. Explain the process of preparing preliminary project proposal. c. Explain the process of preparing a detailed business plan. d. Conduct a modest business plan on a selected venture (the written business plan should be assessed as part of the continuous assessment).