Professional Documents
Culture Documents
TUTORIAL TIMES AND VENUE: To be advised later - once tutor availability is confirmed
and signing for tutorial slots via Moodle will be available on week 1.
8. COURSE DESCRIPTION
This course, which explores the skills, attitudes, and knowledge needed to create and
manage new ventures, focuses on finding and developing opportunities for promising
new enterprises with growth potential. It will also focus on the design and
management of enterprise support services for nurturing new and existing businesses.
Key objectives are to equip students with the knowledge and skills they need to assess
their own potential as entrepreneurs, assess the viability of new venture
opportunities; and, prepare a detailed business plan (or project proposal).
Additional Reading
Week 1
Naidu, S., Patel, A., Chand, A (2021), “Global Supply Chain disruptions during the COVID-19
Health Crisis, Springer Nature, pp. 1-14
Wang, Y. (2004), “Financing difficulties and structural characteristics of SMEs in China”, China
and World Economy, Vol. 12 No. 2, pp. 34-49.
Week 2
Singh, G., Pathak, R. D. and Naz, R. (2010), “Issues faced by SMEs in the internationalization
process: results from Fiji and Samoa”, International Journal of Emerging Markets, Vol. 5 Issue 2,
pp. 153 – 182.
Naidu, S. and A. Chand, A. (2011), “A comparative study of the financial problems faced by
micro, small and medium enterprises in the manufacturing sector of Fiji and Tonga”,
International Journal of Emerging Markets, Vol 7 No. 2, pp. 245-262.
Week 3
Light, I. and Dana, L. P. (2013), Boundaries of Social Capital in Entrepreneurship, Special Issue:
Social Capital and Entrepreneurship, Entrepreneurship Theory and Practice May Vol. 37, Issue
3, May, pp. 603–624.
Week 4
Cahn, M. (2008), “Indigenous entrepreneurship, culture and micro-enterprise in the Pacific
Islands: case studies from Samoa”, Entrepreneurship and Regional Development Vol. 20 No. 1,
pp.11-12.
Thevaruban, J.S. (2009), “Small scale industries and its financial problems in Sri Lanka”, Journal
of Asia Entrepreneurship and Sustainability, Vol. 1 No. 5, pp. 33-46.
(accessed October 20, 2014).
Week 5
Pandaram. A. and Appana, S. (2007), “Augmenting Employee Performance and Productivity in
Labour Markets through application of Total Quality Management”, The Asia Pacific Economic
Journal, Vol 4 No 2, pp 155-170.
Week 6
Maes, J. and Seis, L. (2014), “SMEs' Radical Product Innovation: The Role of Internally and
Externally Oriented Knowledge Capabilities”, Journal of Small Business Management, Vol. 52,
Issue 1, pp. 141-163.
Week 7
Kellerman, F. W., Eddleston, K. A. and Zellweger, T. M. (2012), “
Extending the Socioemotional Wealth Perspective: A Look at the Dark Side, Entrepreneurship
Theory and Practice”, Special Issue on Family Business, Vol 36, Issue 6, November, pp. 1175–
1182.
Week 8
Giroux, I. (2009), “Problem solving in small firms: an interpretative study”, Journal of Small
Business and Enterprise Development, Vol. 16 No. 1, pp. 167-84.
Rose, R.C., Kumar, P. and Yen, L.M. (2006), “The dynamics of entrepreneurs success factors in
MG305 FF Course Outline, Sem 1, 2023 Page 6
influencing venture growth”, Journal of Asia Entrepreneurship and Sustainability, Vol. 2 No. 3,
pp. 5-25.
Week 9
Datta, D. (2010), “Small business finance: implications of delay in loan sanctions by formal
sector”, International Journal of Economics and Finance, Vol. 2 No. 4, pp. 130-139.
Cennamo, C., Berrone, P., Cruz, C. and Gomez-Mejia, L. R. (2012), “Socio-emotional Wealth and
Proactive Stakeholder Engagement: Why Family-Controlled Firms Care More about Their
Stakeholders”, Entrepreneurship Theory and Practice, Special Issue on Family Business,
November Volume 36, Issue 6, pp. 1153–1173.
Edmister, R.O. (1972), “An empirical test for financial ratio analysis for small business failure
prediction”, The Journal of Financial and Quantitative Analysis, Vol. 7 No. 2, pp. 1477-1493.
Week 10
Schworm, W.E. (1980), “Financial constraints and capital accumulation”, International
Economic Review, Vol. 21 No. 3, pp. 643-660.
Scott, S. (2007), “The importance of cash flow analysis for small businesses”, Commercial
Lending Review, March/April, pp. 41-50
Week 11
Giloth, R.P. (2007), “Investing in equity: targeted economic development for neighbourhood
and cities”, in Bennett, M.I.J. and Giloth, P.R. (Eds), Economic Development in American Cities:
The Pursuit of an Equity Agenda, State University of New York Press, Albany, NY, pp. 1-50.
Curry, G. (2005), “Doing business in Papua New Guinea: The social embeddedness of small
business enterprises”, Journal of Small Business and Entrepreneurship, Vol. 18 No. 2, pp.231-
46.
Week 12
Wu, J., Song, J. and Zeng, C. (2008), “An empirical evidence of small business financing in
China”, Management Research News, Vol. 31 No. 12, pp. 959-79.
Gentry, R., Daiziel, T. and Jamison, M. A. (2013), “Who Do Start‐Up Firms Imitate? A Study of
New Market Entries in the Clec Industry”, Journal of Small Business Management, Vol. 51 Issue
4, October, pp. 525-538.
Week 13
Ruefli, T. W., Collins, J. M. and LaCugna, J. R. (1999), “Risk Measures in Strategic Management
Research: Auld Lang Syne?”, Strategic Measurement Journal, Vol 20, pp. 167-94.
Majumdar, S., Moussawi, R. and Yaylacicegi, U. (2014), “Do Incumbents’ Mergers Influence
Entrepreneurial Entry? An Evaluation”, Entrepreneurship Theory and Practice, Vol. 38, Issue 3,
May, pp. 601–633.
Welsh, D. H. B., Memili, E., Kaciak, E. and Ochi, M. (2014), “Japanese Women Entrepreneurs:
Implications for Family Firms”, Journal of Small Business Management, Vol. 52, Issue 2, pp. 286-
305.
Supplementary Reading
1. Island Business (www.islandsbusiness.com/aboutus/publications)
2. Fiji Times (www.fijitimes.com.fj)
3. Fiji Sun (www.fijisun.com.fj)
4. World Trade Organization (www.wto.org)
5. News websites (www.fijivillage.com; www.fijilive.com)
More references for journals will be given in the duration of the course.
Referencing guide
Use Harvard referencing style to acknowledge all sources used for
your assignments, such as:
Surname, initials of first name(s), year of publication, title of book or article,
publisher name, city where the publication took place. For more details visit
the website: http://www.usp.ac.fj/?id=16266.
Journals
Asia Pacific Business Review
Asia Pacific Journal of Management Entrepreneurship, Theory and Practice
Entrepreneurship and Regional Development Family Business Review
International Small Business Journal
Journal of Business
Journal of Business Venturing
Journal of Developmental Entrepreneurship Journal of Small Business Management
International Journal of Entrepreneurship
Students must have access to the MG305 FF Moodle web page to access lectures and other
supplementary materials.
MG305 FF Course Outline, Sem 1, 2023 Page 8
13. ALIGNMENT OF LEARNING OUTCOMES, ACTIVITIES AND ASSESSMENT
The following table demonstrates the alignment of the course learning outcomes to appropriate teaching and learning activities,
assessments, and links them to USP graduate outcomes.
LO1 Evaluate financial statements Lectures, Assignment (group project) PG03, PG05, PG06 GO1, G05
needed for any entrepreneurial venture— online discussion and face to Mid Semester Test and Final
the balance sheet, income statement and face tutorials Exam
cash-flow statements. Tutorial
LO2 Develop a complete business plan Lectures, Assignment (group project) PGO2, PG03, PG05 G01, GO2, G05,
online discussion and face to Mid Semester Test and Final GO7
face tutorials Exam
Tutorial
LO3 Utilize the legal forms of Lectures, Assignment (group project) PGO2, PG03, PG04, G01, G05, GO6
organization—sole proprietorship, online discussion and face to Mid Semester Test and Final PG06 and GO7
partnership, incorporated companies in face tutorials Exam
businesses. Tutorial
LO4 Use the existing informal risk- Lectures, Assignment (group project) PG03, PG04, PGO6 G01, GO4 and
capital market (including ‘angel capital’) in online discussion and face to Mid Semester Test and Final G05
raising capital. face tutorials Exam
Tutorial
Tutorial
LO5 Assess the importance of Lectures, Assignment PG01, PG02, PG03, G01, GO3, GO4,
family businesses and their unique online discussion and face to and Final Examination PG04, PGO5, PG06 GO5 and G07
problems face tutorials
For the term project, you are requested to develop a sustainable business plan (see chapter 11 of
the MG305 textbook (5th edition); and read the sample business plan in the textbook).
Suppose you are an extremely successful and talented software engineer in Fiji (or in any South
Pacific Island country) in a large and very renowned software firm that has branches
throughout the world. You have recently been appointed the chief executive officer of the firm.
One day you decide that you intend to establish your own software firm, but you require
significant capital funding. Additionally, you have come across various success stories about
venture capitalists funding the establishment of numerous software firms. Hence, you decide
to seek funding from the venture capitalist via submission of a ‘business plan’.
This business plan will be submitted to the venture capitalist to procure funding for the setting up
of the new software firm.
The sustainable business plan that you develop must cover the following segments:
Note:
1. You need to make various relevant assumptions: size of the software firm, capital costs needed
to set up the firm, zoning requirements, use of the relevant technology, types of services you will
provide to your clients/markets; who will be your major clients, other types of costs you will be
incurring, etc.)
2. Software firms provide a lot of consultancy services (e.g. writing software programs for their
clients. Also, many manufacturing and service firms have outsourced a lot of their IT services to
many software firms.
3. A question many will ask: How much funds will we require from the venture capitalist? It
depends on the size of the firm, set up costs, infrastructure costs, etc. It can be $20 million or
$50 million, etc. You make your own assumptions but justify them.
This project is the major assessment since it relates to all learning outcomes of this course. The
purpose of the group project is to apply your understanding of the marketing concepts that
you will be exposed to in lectures. You will be asked to create your own groups in the first
tutorial class. Your group will consist of three members. Do take note of all possible contacts of
your group members. You are to manage your own groups. Should certain group members not
cooperate, delay, miss out on meetings; the majority in that group can ask that group member
to look for another group. Also, there must be a declaration page (attached to hardcopy
project) after the cover page stating that all members contributed equally. Indicate if
members contributed less than their share. Excuses of group members disappearing and not
contributing will not be entertained for delayed submission. Students need to choose an
organization and conduct research on it.
The structure and marking rubric criteria of the business plan is as follows:
Detailed marking rubric of the project will be available on Moodle. Please refer to Moodle for
the rubric.
Students are reminded that the Group project should address all of the elements as reflected
above. Students are required to support the analysis with reference to theory (from
textbook/lectures) on topic. Also, students are advised to refer to the most recent empirical
research in the field (from journals) to substantiate their analysis. Failure to cite outside
sources used in an assessment may lead to failure of the assessment overall. Likewise, use of
Wikipedia references may lead to failure of the assessment overall. As a group, you are to
work together and submit only one ‘softcopy’ of the group assignment in Moodle shell & also
submit one hardcopy for marking by the due date. All assignments submitted Online in Moodle
shell should have a similarity report attached (SafeAssign Score or also known as TurnItIn
Score) to the soft and hard copies as proof. Only similarity level of 0-20% will be regarded as
acceptable. Assignments will not be marked if the signed plagiarism declaration sheet and
TurnItIn SafeAssign Score is not attached.
Late assignments
Please note that due dates for assignments are to be strictly followed. Late submission of work
will result in a penalty of 10% of the possible mark for each day late. If there is a delay, notify
the coordinator in advance with proof of delay (e.g. sick-sheet etc...) and a draft of whatever
you did on the assignment on the due date. Very late assignments will be returned
unmarked. Timeliness is important.
For Submission of Project, Correct labelling of assignments and Marking/Writing Rubric: See
Moodle page of this course.
*Exact date and time will be confirmed on Moodle once classes start on week 1.
Facilitate the course coordinator with any proof that he/she was sick and unable
to attend classes or assessment at the earliest possible time to avoid getting a
zero mark for the missed assessment.
Submit both the hardcopy and softcopy of the assignment. Hardcopy should
be properly labelled and submit to the local campus.