Small Business Management (9531.3)

Small business is not small: it creates the most jobs and advances innovation in both developed and developing economies. In this unit, we co-develop you into entrepreneurs, managers, and innovators of small business. We introduce the fundamentals of small business management in both traditional and new sectors, as well as analyse the best practices of them in local, national, and international contexts. Further, we explore, stimulate, and incubate new small business thinking and ideas that are visionary and futuristic. We employ experiential and authentic teaching, learning, and engaging approaches to grow a new generation of business leaders. More importantly, we uncover and inspire the qualities and capabilities in you that will enable your success and resilience in a globalised business environment of increasing competition, disruption, and change.

Learning outcomes

On successful completion of this unit, students will be able to:
1. Grasp the fundamentals of small business management;
2. Analyse small business management cases to develop and apply best practices;
3. Create new thinking and ideas for small business futures; and
4. Communicate small business ideas professionally.

Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - take pride in their professional and personal integrity
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings
2. UC graduates are global citizens - make creative use of technology in their learning and professional lives
2. UC graduates are global citizens - think globally about issues in their profession
2. UC graduates are global citizens - understand issues in their profession from the perspective of other cultures
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - be self-aware
3. UC graduates are lifelong learners - evaluate and adopt new technology
4. UC graduates are able to demonstrate Aboriginal and Torres Strait Islander ways of knowing, being and doing - apply their knowledge to working with Indigenous Australians in socially just ways
4. UC graduates are able to demonstrate Aboriginal and Torres Strait Islander ways of knowing, being and doing - communicate and engage with Indigenous Australians in ethical and culturally respectful ways
4. UC graduates are able to demonstrate Aboriginal and Torres Strait Islander ways of knowing, being and doing - use Indigenous histories and traditional ecological knowledge to develop and augment understanding of their discipline

Skills development

Small business is not small: it creates the most jobs and advances innovation in both developed and developing economies. In this unit, we co-develop you into entrepreneurs, managers, and innovators of small business. We introduce the fundamentals of small business management in both traditional and new sectors, as well as analyse and apply the best practices of them in local, national, and international contexts. Further, we explore, stimulate, and incubate new small business thinking and ideas that are visionary and futuristic. We employ experiential and authentic teaching, learning, and engaging approaches to grow a new generation of business leaders. More importantly, we uncover and inspire the qualities and capabilities in you that will enable your success and resilience in a globalised business environment of increasing competition, disruption, and change.

Prerequisites

Must have passed 3 credit points.

Corequisites

None.

Incompatible units

6349 Entrepreneurship

Equivalent units

None.

Assumed knowledge

None.