18 FA ENT101 Syllabus Honors Sections Aug 28 2018 (3)

Entrepreneurship H101 – Business Foundations Fall 2018 Course Syllabus Entrepreneurship creates value within existing or new organizations, as well as the global community in which we live. The entrepreneurial process begins with understanding the global landscape, brainstorming, and assessing ideas leading to recommendations that solve the identified problem. This iterative process allows you to understand and mitigate risk. Entrepreneurship H101 is intensive, where you will detect opportunities while designing solutions to common business problems. Your journey includes introducing the tools you will need for success, including basic knowledge in accounting, entrepreneurship, finance, global business, information systems, management, and marketing. You, and your team, will make a credible, persuasive, and supported strategic presentation to a group of external alumni and community executives. Instructor Information Instructor: Professor Bari Bendell Email: bbendell@suffolk.edu (preferred mode of communication) Office: 73 Tremont #7053 (take a left off the elevators, then a slight right for M&E dept. door) Phone: 617-305-1799 (voicemail is rarely checked) Office Hours: By appointment to cut down on waiting during the following blocks: Mondays 4:30 - 5:30pm Tuesdays 2:30 - 3:30pm Wednesdays 4:30 - 5:30pm Additional appointment times are available and can be scheduled via email Course Information 61912517780003914775177800022383751778000 Section: ENT-H101-G Time: 10:50 am – 12:05pm ENT-H101-H 1:40pm – 2:55pm ENT-H101-J 3:05pm – 4:20pm Days: Mondays & Wednesdays Location: 1 Beacon Room 101; Beacon classrooms are directly across from Miller Residence Hall Prerequisites: None Credit Hours: 3 credits Catalog Description: This course introduces students to foundational concepts in business, including functional areas, the life cycle, competition, stakeholders and ethical considerations. Students develop critical thinking by learning and using a problem-solving process through a business situation analysis model to analyze various situations that confront managers and founders of small, medium, and large organizations. Students will gain an understanding of creativity, innovation, and opportunity recognition techniques to identify, assess, and articulate feasible business opportunities. Students will also develop tools for analysis, allowing them to critically view business in a new and thoughtful way. The class culminates with student teams presenting a detailed analysis and recommendations to a panel of executives and persuading them that the recommended strategy is not only feasible, but also practical for the stakeholders involved. Suffolk University follows the Federal Government’s Credit Hour definition: “As an amount of work represented in intended learning outcomes and verified by evidence of student achievement that is an institutional established equivalence that reasonably approximates no less than: One hour of classroom or direct faculty instruction and a minimum of two hours of student work out of the classroom each week for approximately fifteen weeks for one semester hour of credit.” Therefore, to maximize your success in this course, we expect six hours of preparation time spent outside of the classroom to make the three hours of class time more valuable, per week. Instructor’s Additional Course Description Entrepreneurship H101 is designed for your success in foundational business terminology, opportunity recognition within existing or new organizations, proficiency in Excel, utilization of a Business Situation Analysis Model (BSAM) and S.W.O.T. techniques used for problem-solving, culminating in an end-of-semester, high-stakes presentation to external alumni and community executives. However, success is based on your individual commitment to this course as evidenced by your preparation and performance in course deliverables. Textbook & Course Materials Required Text: Foundations of Business, 5th edition. Authors: Pride, Hughes and Kapoor. Published by Cengage, ISBN: 978-1305511064. The textbook is for sale at the University Bookstore (and via Amazon or other retailers) as an e-book or a hard copy (new or used). Other Required Materials: All other course materials, including cases and articles, will be posted to Blackboard. A few copies of the textbook will be on 2-hour reserve (first-come, first served) at the library but know that there are hundreds of students taking the course this semester so it may not always be available at the times you want it so plan ahead. Alternatively, Suffolk has negotiated reasonable rental and purchase options through the bookstore. Please make arrangements to have access to the book prior to the first day of class so that you don’t fall behind. Course Goals & Learning Objectives The learning goals of this course are embedded in the four quadrants of the undergraduate BSBA curriculum. While the focus of this course is around business foundations, problem-solving techniques, opportunity recognition, and internal and external presentations, this course may secondarily support other goals. BSBA Learning Goal: Harness and Implement an Innovative Mindset Upon graduation from Suffolk, successful students will recognize and foster creative vision, meet and respond to ambiguity and risk in a variety of contexts, and cultivate the knowledge and skills necessary to engage in innovation and collaboration across disciplines. Upon successful completion of this course, students will: Upon successful completion of this course, students will be able to: How the student will be assessed on learning outcomes LO1 - Know creative vision around the relationship between innovation and creativity. Define innovation and creativity and how they are interrelated to various business situations and market opportunities Opportunity recognition and assessment exercise. LO2 - Know, comprehend and apply an opportunity assessment technique. Distinguish between creative ideas and opportunities. Understand opportunity recognition as a process (idea to opportunity). Employ opportunity recognition techniques. Opportunity recognition process assignment. Opportunity recognition process assignment. Internal case analyses and external alumni and community executive presentations. BSBA Learning Goal: Identify, Assess, and Solve Critical Situations Upon graduation from Suffolk, successful students will develop core skills in critical thinking and logical analysis. Upon successful completion of this course, students will: Upon successful completion of this course, students will be able to: How the student will be assessed on learning outcomes L03 - Know and comprehend an analytical reasoning and decision making tool. Recall and recognize a tool and technique for analytical reasoning. Describe the relevance and the assumptions of a tool and technique of analytical reasoning for problem-solving and decision-making. Apply the tool and technique of analytical reasoning for problem-solving and decision-making; Interpret the analytical results for decision-making. BSAM or S.W.O.T. Analysis process embedded in internal case analyses and external alumni and community executive presentations. Internal case analyses and external executive presentations. LO4 - Know a tool for processing and organizing data Apply the use of BSAM, SWOT, and Microsoft Excel to support decision-making. Financial model included in each case analysis using Excel. BSBA Learning Goal: Establish and Leverage “Professional DNA” Upon graduation from Suffolk, successful students will be able to communicate effectively in diverse contexts, put their education into practice, and engage in lifelong learning. This includes essential interpersonal skills needed for effective leadership and teamwork (planning, listening, negotiating, collaborating, etc.). It also involves professional preparation such as early career planning, understanding and abiding by ethical codes and professional standards, and career management knowledge and skills. Upon successful completion of this course, students will: Upon successful completion of this course, students will be able to: How the student will be assessed on learning outcomes LO5 - Know how to communicate effectively across diverse contexts. Recognize the variety of contexts in which communications occurs in internal and external audiences. Internal case analyses and external alumni and community executive presentations. Entrepreneurial Experience Peer evaluations. Integration with SBS-H100 SBS-H100 is tightly integrated with ENT-101 in the areas of making “credible, persuasive, and supported” team presentations. Presentations represent a substantial component of your course grade (see rubric). The tools you learn in SBS-H100 are utilized as follows: Step 1 - Team Formation using Kolb Learning Styles Inventory: Team formation is a crucial process in your academic and professional career. While there are circumstances where you may or may not control the team formation process, understanding successful criteria for selecting team members will make your experience more productive and enjoyable. Therefore, you will utilize information obtained in your Kolb Learning Styles Inventory (KLSI) assessment, and its results, against criteria you define in creating teams for each of your three case presentations. I will provide you with additional information throughout the semester. For students who did not take the KLSI assessment in SBS-H100, you must let me know immediately so arrangements are made for you to take the assessment. Step 2 - Research and Library Skills: Credible and supported recommendations and conclusions are the result of extensive research, not opinions. Therefore, you will utilize research skills taught by library personnel to maximize identify key information necessary to support every aspect of your presentation. Developing these skills throughout the semester will help you in Q & A sessions after each presentation. Step 3 - Presentation Skills: Persuasiveness leverages credible and supported research and is critical to convincing your audience that your recommendation makes sense. You will utilize techniques learned in SBS-H100, in addition to information and strategies I provide you to prepare for your three case presentations (including your executive presentation at the end of the semester). Course Deliverables You will be evaluated in the following areas: Attendance 10 Points Your success in this course starts with coming to class on time and being prepared. Each class session is graded as follows: No absences 10 pts 1 absence 9 pts 2 absences 7 pts 3 absences 5 pts 4 absences 0 pts More than 4 absences FAILURE OF COURSE IMPORTANT: IF YOU ARE ABSENT FROM MORE THAN FOUR CLASS SESSIONS, YOU FAIL THIS COURSE. If you have extenuating circumstances where you are going to miss class, be late or leave early, please email me in advance. I don’t differentiate between excused and unexcused absences as this is a matter of your individual privacy. Therefore, do not provide doctor notes, or other related information. If you have a serious personal matter that will result in missing consecutive classes, please discuss with me and the Dean of Students so we can assess the impact on this course and develop a plan for success. Always communicate in advance, not after the fact. I view advance communication and you taking control of your responsibilities in a positive manner, and the contrary is true. Class Preparation and Chapter Tests: Being prepared for every class session is a critical requirement for your success in this course. To assist you with your preparation, we utilize Chapter Tests on Blackboard to guide you through the preparation process. Each chapter test must be completed the night before it is discussed in class. Specific chapter and case assignments, as well as related due dates and times, are included in the course schedule at the end of the syllabus. In addition, we use videos, simulations, and other learning tools to reinforce your required reading. Timely completion of assignments is the best way of being prepared for class, as well as achieving a successful grade. Obviously, the contrary is true. Business Concept Exams: During the semester, there are three business concept exams conducted in class based on topics as specified in the course schedule. In addition to using the materials at the end of the chapter to study, three exam study guides will be posted on Blackboard to assist you in your preparation. ENT Experience Reflection: Students will attend one entrepreneurship event during the semester (details forthcoming) and write a reflection on it. The reflection must be posted to BB within one week. Please see the reflection rubric posted to BB for what to include in your submission. Case Seminar Reflection: After viewing the Case Seminar video on Blackboard (approximately 75 minutes long), students are required to submit a reflection document to Blackboard. Please see the reflection rubric posted to BB for what to include in your submission, and the course schedule for the due date. Business Situation Analysis Model (BSAM) and SWOT: Included in a separate handout, we will use the Business Situation Analysis Model (BSAM) and SWOT to analyze all cases during the semester. The purpose of case analysis is to give you practice (on two cases) in preparation of your final executive presentations. There is a rubric on Blackboard that will assist you with expectations related to each case presentation. Final Executive Presentations using BSAM: Later in the semester, you and your team will prepare a final presentation before a group of alumni and community executives around a business case to be determined. The final executive presentations are the final validation of your learning in the course and an opportunity to begin developing your network and business reputation. There is a rubric on Blackboard that will assist you with expectations related to the analysis and final presentation. Grading / Evaluation You will be evaluated and your grade computed using the following weighted grading system: Attendance 10 points Class Preparation (7 quizzes * 2 points) 14 points Business Concept Exams (3 exams * 7 points) 21 points ENT Experience Reflection 4 points Submit Hardcopy of Kolb Learning Styles Inventory in Class 1 points Case Seminar Reflection 5 points Case Analysis #1 5 points Case Analysis #2 15 points Final Executive Presentation 25 points Total 100 points 55% of your grade will be based on your individual performance, while 45% will be based on your team’s performance. The above total will be reduced by any affect from the Use of Technology policy, Academic Integrity policy, and the four-absence limit under Attendance. More than four absences will result in a grade of “F” for this course. Using the weighting system above, your final grade will be issued using the scale below based on your final weighted average: Grading Scale A (92+ points) A- (90 – 91.9 points) B+ (87 – 89.9 points) B (84 – 86.9 points) B- (80 – 83.9 points) C+ (77 – 79.9 points) C (74 – 76.9 points) C- (70 – 73.9 points) D+ (67 – 69.9 points) D (64 – 66.9 points) F (63.9 or fewer points) As a courtesy, I use a learning management system (Blackboard) to provide you with timely grading and a running weighted average. However, I reserve the right to make changes that are necessary to make sure that your final grades are indicative of the weights assigned to your assignments (software upgrades have been known to create calculation errors from time to time). If you see anything that looks unusual, please alert me as soon as possible. Late Work: Given the importance of class preparation and related assignments, all assignments must be submitted by the due date and late work is not accepted. Extra Credit: Given the commitment and preparation by the Entrepreneurship 101 team to make sure that the depth and volume of assignments are adequate to evaluate your grade as it relates to the learning goals and objectives for this course, extra credit is not offered. Use of Technology: Given that all course documents are on Blackboard, there are some limited times when use of technology is encouraged in the classroom. When advised, students may use technology for opening assignments or other class materials, researching topics that will enhance class discussion, or to work on group assignments. However, using cell phones or technology for any other purpose will result in a reduction in your final course grade as follows: 1st occurrence Warning 2nd occurrence 1/2 letter grade reduction (2 pts.) 3rd occurrence 1 letter grade reduction (4 pts.) 4th occurrence 2 letter grade reduction (8 pts.) Course Policies This course abides by University policies that can be found at www.suffolk.edu/syllabus. This link will provide you with information and services related to all student resources including: Academic Honesty, Misconduct http://www.suffolk.edu/studenthandbook/61096.php Grade grievance policy http://www.suffolk.edu/studenthandbook/67192.php Professionalism: In order to support an interactive environment in class, distractive and unprofessional behavior will not be allowed. Please note that if your classroom or written behavior is deemed inappropriate and/or unprofessional, you will receive a warning. If this inappropriate behavior continues, you will receive a reduction of at least one letter grade from your overall course grade. If you are unsure of what behaviors the professor and the University deem appropriate/inappropriate please see the list of professionalism standards at the end of the syllabus and the Community Standards and Student Conduct section of the student handbook at: http://www.suffolk.edu/studenthandbook/60802.php. Disability Accommodations: Statement on Accommodations for Students with Disabilities If you determine that you need formal, disability-related accommodations, it is very important that you register with the Office of Disability Services (located at 73 Tremont Street, 7th floor, 617.994.6820, disabilityservices@suffolk.edu) and notify me of your eligibility for reasonable accommodations. We can then plan how best to implement your accommodations. For more information, visit www.suffolk.edu/disability. Canceled Classes: I will always try to stay on schedule when class is canceled. Cancellations do not result is pushing the schedule back and all deliverables will be due on the same due dates as indicated in the syllabus unless I send out notice otherwise. If I cancel class, I will do so by communicating via announcements posted to BB and through your Suffolk email account. If a class is cancelled for any reason, we will follow the course schedule and all deliverables will be due on the same due dates as indicated in the syllabus. We will hold the make-up class on the first designated make-up day after the cancelled class. Again, be sure to check your email and Blackboard for any course specific announcements. Email Communication: For email purposes, I will use ONLY your Suffolk email address. It is your responsibly to check your Suffolk email account regularly (at least once every 24-hours). DOE Credit Hour Guidelines - This course abides by university policies and DOE credit hour guidelines that can be found at http://www.suffolk.edu/explore/54511.php.  Course Schedule NOTE: On scheduled Holidays when the University is closed, mandatory make-up work will be done outside of class to ensure Department of Education standards are met regarding credit hour definitions. The entire course schedule is on Blackboard, outlining required preparation, in-class discussion and activities, tests, examinations, and presentations. The schedule, policies, procedures, and assignments in this course are subject to change in the event of extenuating circumstances, by mutual agreement, and/or to ensure better student learning. Any changes will be communicated via BB (through Announcements and email) and/or in class. Please review the course schedule on the following pages. Wk Date & Day Topic Preparation Assignments Due 1 Sep 5 WE Introductions and syllabus review. Read: Syllabus 2 Sep 10 MO Class discussion on entrepreneurship in new and existing organizations and its impact on the economy. Read: Ch. 5 “Small Bus., E-ship, & Fran.” Ch. Quiz due 11 PM ET the night before class. Sep 12 WE Class discussion related to business ethics AND greenwashing Read: Ch. 2 “Being Ethical & Socially Resp.” Ch. Quiz due 11 PM ET the night before class. 3 Sep 17 MO IN CLASS: Business Exam #1 on Ch. 5 & 2 (first 30 min). Brief Kolb LSI Activity Introduction to Business Situation Analysis Model (BSAM) and SWOT In-class mini-case for BSAM/SWOT Prepare for Business Concepts Exam #1 on Chapters 5 & 2 DUE: 1-page Kolb LSI Certificate at start of class Sep 19 WE Kolb LSI activity & team formation Class discussion on applying BSAM to case analysis Read: “Introduction to Case Analysis” Brief Kolb LSI Activity DUE: “Introduction to Case Analysis” -- BSAM SWOT Worksheet. DUE: Case Seminar Reflection by 8pm on BB 4 Sep 24 MO 1st Group of Teams Present Case #1 DUE: Presenting teams – arrive early to load slides and bring 1 copy of slides for instructor at start of class Sep 26 WE 2nd Group of Teams Present Case #1 Debrief DUE: Presenting teams – arrive early to load slides and bring 1 copy of slides for instructor at start of class 5 Oct 1 MO Class discussion on Building Customer Relationships through Effective Marketing. Read: Ch. 11 “Customer Relationships Through Effective Marketing” Ch. Quiz due 11 PM ET the night before class. Oct 3 WE Class discussion on exploring and managing social media. Read: Ch. 14 “Exploring Social Media” Ch. Quiz due 11 PM ET the night before class. 6 Oct 8 MO NO CLASS (COLUMBUS DAY) Oct 10 WE IN CLASS: Business Exam #2 on Ch. 11 & 14 (30 mins) Discussion of related current business events and/or Case #2 (45 mins) Prepare for Business Concepts Exam #2 on Chapters 11 & 14 7 Oct 15 MO Class discussion on applying BSAM to Case Analysis #2 Team formation Read: Case #2. Bring laptop to class DUE: BSAM SWOT —stapled together. Bring 2 copies. Submit to BB 1 hour prior to class. Oct 17 WE Team Case #2 Preparation and Guidance Prepare Case #2 Presentation 8 Oct 22 MO Case #2 Presentations 1st Group of Teams Prepare Case #2 Presentation DUE: ALL teams post slides to BB 1 hour prior to class. DUE: Presenting teams – arrive early to load slides and bring 2 copies of slides for judges at start of class Oct 24 WE Case #2 Presentations 2nd Group of Teams Prepare Case #2 Presentation DUE: Presenting teams – arrive early to load slides and bring 1 copies of slides for judges at start of class 9 Oct 29 MO Case #2 Debrief Redo of Q&A Prepare changes team would make to Case #2 Presentation DUE: Submit revised slides to BB 1 hour prior to class. DUE: All teams submit list of Q&A answers by 11:59PM ET to BB. Oct 31 WE Class discussion on the management process. Read: Ch. 6 “Understand Mgmt. Process” Ch. Quiz due 11 PM ET the night before class. 10 Nov 5 MO Class discussion on using management and accounting information. Read: Ch. 15 “Using Management and Accounting Information” Ch. Quiz due 11 PM ET the night before class. Nov 7 WE Class discussion on mastering financial management. Read: Ch. 16 “Mastering Financial Management” Ch. Quiz due 11 PM ET the night before class. 11 Nov 12 MO NO CLASS (VETERAN’S DAY) Nov 14 WE IN CLASS: Business Exam #3 on Ch. 6, 15, 16. (30 mins). Discussion of case-related current business events (45 mins) Prepare for Business Concepts Exam #3 on Chapters 6, 15 and 16. Review: Case Materials Bring laptop to class Nov 18 SU DUE: Individual Final Case BSAM-SWOT on BB by 3PM ET 12 Nov 19 MO Team formation Executive case presentation preparation Prepare Executive Case Bring laptop to class Nov 20 TU DUE: TEAM Final Case BSAM-SWOT on BB by 11PM ET Nov 21 WE NO CLASS (THANKSGIVING) 13 Nov 26 MO Executive case presentation preparation Prepare Executive Case Bring laptop to class Nov 28 WE Executive case presentation preparation Prepare Executive Case Bring laptop to class 14 Dec 3 MO Executive case presentation 1st Group of Teams, Dry Run Prepare Executive Case Bring laptop to class DUE: Presenting teams –bring 1 copy of slides at start of class Dec 5 WE Executive case presentation 2nd Group of Teams, Dry Run Prepare Executive Case Bring laptop to class DUE: Presenting teams –bring 1 copy of slides at start of class 15 EXECUTIVE PRESENTATIONS Tuesday, December 4, 2017 6:00 p.m. to 9:30 p.m. Wednesday, December 5, 2017 6:00 p.m. to 9:30 p.m. Thursday, December 6, 2017 6:00 p.m. to 9:30 p.m. Each 4 to 5-member team will have a 30-minute block assigned (to be determined). Attendance and participation are MANDATORY, so be sure that you are available at all times indicated in the schedule above. Students MUST submit final presentation slide deck to BB by 5pm on day they present. 16 Dec 10 MO Last day of classes Debrief Presentations & Semester Professionalism Standards Professionalism Factor Assessment Criteria Team Work (Civic Behavior) Builds team spirit and motivates team. Carefully balances interests of the team and personal interests. Able to compromise in order to reach agreement to benefit the goal of the group. Willing and able to work with others toward a common goal. Pitches in to help the group and maintains contributions to the team throughout the entire project. Respects team members’ personal situations and conflicts. Integrity Honors commitments. Keeps information confidential when appropriate. Carries out tasks and responsibilities in an ethical and honest manner. Knows when to be discreet. Coordinating/ Leading Others Commands respect and attention. Influences the opinions, attitudes and actions of others. Inspires others to achieve greater performance. Motivates and influences others to achieve a common goal. Understands the tasks at hand and ensures that everyone is “on the same page.” Interpersonal Open and considerate of needs and views of others. Sensitive and responsive to others and their opinions. Achieves results working in a positive, supportive and co-operative manner. Speaking in a language that everyone listening can understand. Flexibility/ Adaptability Shifts priorities when appropriate. Adapts well to ambiguity and stress. Copes with unforeseen circumstances. Responds to suggestions and comments from others. Tact Acts respectful and politely when dealing with others. Maintains keen sense of what to do or what to say; diffuses potential conflicts. Deals with students and faculty in a sensitive and responsible way. Understands what to say or not to say in order to avoid offending others. Handles others effectively in trying situations. Managing Conflict, Stress and Setbacks Avoids escalating conflict by keeping focused on priorities and accommodating different perspectives. Openly encourages co-operative solutions in conflict situations. Seeks to prevent personal differences from exacerbating conflicts. Recognizes and faces problems or stresses that test coping skills. Responds gracefully to failures and setbacks. Civil Behavior Avoids disruptive or discourteous behaviors in classroom and at school events. Sets a good example, when appropriate. Treats classmates with dignity and respect.