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COURSE SYLLABUS
Second Semester, AY 2014-2015
Course Code:
MGTL2
Course Title:
Business Planning
Pre Requisite:
MGT01
Semester offered:
Second Semester
Credit:
Three (3) Units
Name of Course Professor:
Mr. Marc David C. Achacoso, MBA
Email Address:
ckingdavid@gmail.com
Consultation Hours:
MWF 10:30am-11:00am, 2:30pm-3:00pm, T-TH 10:30-11:00
SAN BEDA COLLEGE VISION STATEMENT
San Beda College envisions a community that is fully human, wholly Christian, truly Filipino, globally- competitive.
SAN BEDA COLLEGE MISSION STATEMENT
San Beda College aims to form its members in faith (fides), knowledge (scientia), virtue (virtus) and inculcate in them the Benedictine
core values of prayer and work (ora et labora) that include study, community, pursuit of peace.
Course Essentials:
Business Planning/Entrepreneurial Management is a 3-unit course that focuses on the introduction and practice of Business planning concepts
the enhancement of a students ability to create ideas, bring it to reality and plan execution is the core of this course. The course will expose
students to entrepreneurial thinking, behavior, attitudes and personality tendencies. The course will allow the students to practice Industry
analysis and format towards the creation of marketing, operational and financial strategies.
COURSE GOALS:
1.
2.
3.
4.
5.
6.
7.
Integrate industry, external data and person resources towards identification of business opportunities
Judge business feasibility using economic and socio demographic data, including industry indexes
Evaluate market research data as a contributor to business feasibility
Utilize entrepreneurial mind setting in the formulation of business plan
Presentation of the plan in class, in front of a panel or investors
Assess business interaction towards different cultures
Integrate legislation towards the acceleration of business growth, Entrepreneurial mind setting and financial literacy
COURSE OBJECTIVES:
1. Discuss Entrepreneurial mindset (the rich vs the poor)
2. Evaluate income generating options towards the achievement of organizational or life goals. (employment vs Business or Employment
plus business towards life/organizational goals)
3. Describe and Demonstrate Business Opportunity Identification techniques
4. Justify the business feasibility in class, in front of a panel or prospective investors
5. Develop Business plans to realize income generating avenues
6. Create and Compare functional strategies with continuous demonstration via scenario planning and trial and error
7. Discuss inter cultural ramification of business idea proposed
8. Create legislation to accelerate business growth, entrepreneurial mind setting and Financial literacy
COURSE OUTLINE:
Course Objective
CO 1,2
Time allotment
Learning outcome
1.The students should 2 weeks
be able to distinguish
between real assets vs.
real
liabilities,
furthermore,
they
should be able to
explain what creation of
incremental wealth is
and
illustrate
the
process there in.
Topics
(course introduction,
requirements, grading
rubrics and groupings and
task assignments)
1.Rich dad vs. Poor dad,
Asset vs. Liability
2.Incremental wealth
creation
Teaching strategy
-Lecture/discussion
Assessment
-pen and paper
test
-reflection
paper
-recitation
-reflection
papers
1.The
students
should be able to
identify
personal
resources, identify
industry forces and
environmental
variables that will
serve
as
contributing
evidence
to
business
feasibility
2 weeks
1.Inisde-out analysis
2.porters 5 forces
(6hrs3.PEST analysis
suggested to 4.competitors check
hold special
session
so
this can be
lectured
during
the
first
two
weeks
to
allow
the
students
more time to
complete the
output
required.)
CO 4, 6
1.Target marketing
2. marketing 4ps
3.target
awareness
and sales conversion
rates
4. market research
-lecture
-presentation in front
of
peers
with
opportunity
to
be
cross examined by
peers
-class
presentation
(see
grading
rubric
using
supporting
details)
-recitations in
form of cross
examination
questions
-lecture
-presentation in front
of
peers
with
opportunity
to
be
cross examined by
peers
-class
presentation
(see
grading
rubric
using
supporting
details)
-recitations in
form of cross
examination
questions
-actual written
marketing plan
report
-Task report
Midterm Exam (may be written, panel report, or activity such as product exhibit or actual
selling)
1.Students should 2 weeks
be able to write a
thoroughly
evaluated
organizational and
operations plan.
1.Job descriptions
2.input
process
output
3.Purchasingfeedback framework
-lecture
-presentation in front
of
peers
with
opportunity
to
be
cross examined by
peers
-class
presentation
(see
grading
rubric
using
supporting
details)
-recitations in
form of cross
examination
questions
-actual written
Organization
and operations
plan report
-Task report
CO 5,6
CO 4
1.Students
must 2 weeks
be able to defend
business feasibility
in front of the class
or panel of judges
1.the
students 1 week
must be able to
identify
existing
laws
that
accelerate
business activity,
promote
entrepreneurial
CO 8
-class
presentation
(see
grading
rubric
using
supporting
details)
-recitations in
form of cross
examination
questions
-actual written
Financial
and
budget
plan
report
-Task report
-Business
prepared
-Summary
-class presentation
-May be treated
as final exam
--class
presentation
(see
grading
rubric
using
supporting
details)
mind-setting and
enhancement
of
financial literacy
2.
Identify
and
Evaluate
factors
that
renders
existing
laws
identified
in
number
1
that
seems inadequate
to
serve
its
purpose
3.
create
new
legislation
or
revise
existing
laws to achieve
the
course
objectives
discussed
Course Requirements:
1. Oral presentations
2. Recitation in form of cross examination questions
3. Written reports for the marketing, organizational and operations, and financial and budget plans
4. Oral defense and law draft or proposed revisions of existing business laws.
Grading system and grading procedure
The grading rubric is as follows:
-recitations in
form of cross
examination
questions
-actual written
draft of a law or
law
revision
report
-Task report
Criteria
Beginning (4049)
Summary
Restates in
students own
words main details
of a text without
opinions
Has no major
supporting details,
plagiarizes(copies
and pastes
information),
includes opinions
Developing(50-59)
Novice (60-71)
Competent(72-86)
Accomplished(87-98)
The Table below summarizes the major components and most of the supporting details that will be required on the course:
1. Product Description
2.
Target Market
4. Marketing Strategies
Vision/Mission
product?
Why will they choose you
over other available products?
What is your edge over
competing firms?
What opportunities or threats
did you see in the market and
industry?
Competitor check
Awareness targets?
Sales conversion targets?
Product costing and pricing?
Distribution strategies?
Mark-up
answers
Intellectual property
requirements and
considerations
Legal structure
Management tasks reporting,
meetings, policies and other
standard decision making
processes
Job descriptions and
performance appraisal
fulfillment? What
departmental action plans do
you have in place?
What connections, skills
unique resources and other
resources do you have or not
have?
DO you require copyrights,
patents?
What for of business will you
register?
How often will you meet and
transmit reports? What are
your standard operations
procedures
What methods of PA are you
going to implement? What are
the core tasks duties and
responsibilities of all positions
in your business?
Budgets, ledgers, journals,
legal responsibilities and who
will accomplish them?
What type of insurance
Inventory and financial
security systems
Breakdown of Budgets,
ledgers, journals ( explain how
it is used)
Inventory control, policies and
procedure, budget liquidation
etc.
*Required supporting details
include but are not limited to
expectations,
integration to planning)
Actual product/business
model
the following
*may have new information
depending on the requirements
of the Operations management
major.
Prototype, complete
description, pictures etc
Facility requirements
and location analysis
and layout
Logistics
Specific systems
Inventory Management
waste management
End of period reporting
(templates, rationale,
expectations,
integration to planning)
Financial Plan
Projected income
statement
Break-even point
Financial ratios
Templates, frequency,
rationale, expectations,
contingency creation.
Investment Appraisal
(Minimum) 3rd year
students
-Payback Period
-Net Present Value
Checking accounts for
sales, Inventory
purchases, working
capital and Financial
capital
Pre-operating budget
and projected
expenses.
Journal and Ledgers
All costs and costing
methodology.
Course References
Introduction to Entrepreneurship, 8th Edition, By Donald Kuratko, Cengage Learning, Copyright 2009
Managing Small Businesses, an Entrepreneurial Emphasis by Carlos Moore, Cengage Learning, copyright 2010
New Venture Creation, 5th edition by Kathleen Allen Cengage learning, copyright 2010
References:
Essentials of Management, 8th Edition, by Andrew Dubrin, Cengage Learning, Copyright 2009.
Essentials Organizational behavior management by Andrew Dubrin, Cengage Learning, Copyright 2009.
Strategic Management Concepts by Fred David, 11th Edition, 2007, Prentice Hall
Principles of Contemporary Marketing by David Kurtz Cengage learning, 2008
Theory of Strategic Management by Gareth Jones, Cengage learning 2010
Prepared by:
Marc David C. Achacoso. MBA
Faculty
Department of Business Management and Entrepreneurship
Approved by:
Dr. Antonino A. Manahan
Program Chairperson
Department of Business Management and Entrepreneurship
Noted by:
Dr. Jofre M. Alajar, CPA
Associate Vice-Dean, Accountancy and Business Cluster
College of arts and sciences