EBM650 - Small Business Problem Solving

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Last revision date Sep 23, 2014 6:02:06 AM
Last review date Dec 1, 2014 12:15:09 AM

Subject Title
Small Business Problem Solving

Subject Description
Small business owners are daily faced with a variety of problems and opportunities in the finance, marketing, operations, human resources and management areas of their business. This subject engages students in business problems and opportunities, which are then analyzed, and sound strategies are developed to deal with the situations.

Credit Status
This is a required credit course for the Entrepreneurial and Small Business Management Specialization and a professional option for the other business specializations within the Business Administration Diploma.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

1. Apply problem-solving, opportunity analysis, and decision-making skills to address SME (Small Medium Enterprise) business problems and opportunities. In doing so, students will

(a) use differing theories, models, approaches
(b) collect and synthesize information through observation, research and consultation
(c) apply quantitative and qualitative analysis tools and research skills
(d) use creative approaches to develop and evaluate solutions
(e) determine decision-making through analysis and different approaches
(f) design implementation strategies and tasks to manage the selected solution
(g) select an approach to measure the outcomes of the solution
(h) prepare reports accordingly.

2. Approach situations in business and group environments with flexibility, tact, listening and summarizing skills to gather necessary information and facts. This includes taking into account the interrelationship among the functional areas of a business.

3. Negotiate, present, and defend solutions. This includes using technological and other tools as appropriate.

4. Consider ethical, sustainability, and social responsibility issues in determining courses of action for business. This includes taking into account the impact of economic, social, political, legal and cultural variables which affect a business operation.

5. Apply entrepreneurial skills such as risk taking and contingency planning in the development of innovative solutions.

Cheating and Plagiarism
Each student should be aware of the College's policy regarding Cheating and Plagiarism. Seneca's Academic Policy will be strictly enforced.

To support academic honesty at Seneca College, all work submitted by students may be reviewed for authenticity and originality, utilizing software tools and third party services. Please visit the Academic Honesty site on http://library.senecacollege.ca for further information regarding cheating and plagiarism policies and procedures.

All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.