This module is in two parts; it focuses of equipping students with skills in both management and entrepreneurship. The module will provide essential skills for a variety of industries to motivate students to become business leaders with sound understanding of the fundamentals of management and various aspects of management practices and consequently enable them to understand and control organizational growth both as employees and owners of entities.
Management is classified as one of the factors of production alongside with machines, materials, money and as a discipline, comprises the interlocking functions of formulating corporate policy and organizing, planning, controlling, and directing a firm’s resources to achieve its policy objectives.
All industries, sectors and organizations require some level of management and there are many management functions now than it was decades ago which cannot just be picked without studying them.
The module further looks at the evolution of the entrepreneurship concept, the role of entrepreneurship in the economy and addresses dynamics and fundamentals of entrepreneurial thinking and behaviour and engages students in relevant and practical experiences through idea generation and opportunity identification to implementing, managing and setting up a business.