Infotech Development Systems Colleges, Inc
Infotech Development Systems Colleges, Inc
COURSE DESCRIPTION
This course describes the skills, knowledge and performance outcomes required to plan
and developed a feasible Business Plan by understanding the nature and scope of
entrepreneurship, scanning the market of potential entrepreneurial venture opportunities, and
identifying and evaluating the methods of venturing into business including but not limited to
starting one’s own business, buying existing businesses and the process of franchising. It also
emphasizes on assessing the possible characteristics and mindset of entrepreneurs, analyzing
typical entrepreneurial venture challenges, errors and rewards, identifying effective strategic
management, developing product and service innovations and introducing the concepts of
environmentally sustainable practices, social entrepreneurship and intellectual property
management.
LEARNING OUTCOMES:
TOPIC OUTLINE
I. PRELIMINARY
A. Introduction to Entrepreneurship in Tourism and Hospitality
a) Course Overview
b) Nature and Scope of Entrepreneurship
c) The Entrepreneur
d) Entrepreneurial Competencies
B. Recognizing the Potential market
a) The Entrepreneurial Process
C. Business Planning and Finance
a) Sources of start-up funding
b) The business plan
c) Sources of finance
II. MIDTERM
A. Franchising and Entrepreneurship
a) Types of franchising
b) The Growth of Franchising in Hospitality and Tourism
c) The Potential Benefits of Franchising to Entrepreneurs
B. Social Franchising
a) Social Entrepreneurship
b) Social Franchising
III. PRE-FINAL
A) Operation and management of entrepreneurial organizations
a) Entrepreneurial skill requirements
b) Management expertise
c) The entrepreneur and human resource management
d) Organization structure
e) Delegation of authority
f) Entrepreneurial decision making
g) The entrepreneur and business failure
h) The entrepreneur and business growth
B) Marketing and entrepreneurship
a) Marketing and competition
b) Marketing and markets
c) Market positioning and segmentation
d) The post-modernist consumer challenge
IV. FINALS
A) Strategy and entrepreneurship
a) Introduction Entrepreneurs and strategy
b) Organizational issues
c) Environment for entrepreneurial strategy
d) Entrepreneurial strategies
B) Intellectual Property management
REFERENCES
COURSE REQUIREMENTS:
Quizzes
Assignments
Projects
Periodic exam
GRADING SYSTEM:
The School follows a cumulative grading system:
(Preliminary rating x 0.30) + (Midterm rating x 0.70) = Midterm Grade
(Midterm Grade x 0.30) + (Semi-final rating x 0.70) = Semi-final Grade
(Semi-final Grade x 0.30) + (Final rating x 0.70) = Final Grade
Grade Components
Quizzes 25%
Prepared by:
JELLANE SELETARIA