Module Descriptors
ENTREPRENEURSHIP AND NEGOTIATION (EFREI)
COIS61007
Key Facts
Digital, Technology, Innovation and Business
Level 6
15 credits
Contact
Leader: Russell Campion
Hours of Study
Scheduled Learning and Teaching Activities: 0
Independent Study Hours: 0
Total Learning Hours: 150
Assessment
  • BUSINESS PLAN weighted at 50%
  • GROUP PRESENTATION weighted at 50%
Module Details
Module Texts
Birley S. & Muzyka D. (1997) Mastering Enterprise (Financial Times). Pitman Publishing (ISBN: 0-273-63031-8)
Bridge S, O'Neill K. & Cromie S. (2003) Plagrave Macmillan (ISBN: 0-33-98465-X)
Deakins D & Freel M. (2003) Entrepreneurship and Small Firms. Publisher: McGraw Hill (ISBN: 0-07-709993-1)
Sara S. (2003) Small Business Guide. 16th Edition, Press Vitesse (ISBN: 0-954-0812-0)
Lewicki, R. Sauders, D. & Minton. (2001) Negotiation, Irwin McGraw-Hill, Singapore
Module Indicative Content
Overview
The introductory stage of the module will be used to identify the special personal skills and knowledge expected to be the driving force in enterprising managers. This will be identified by blending the entrepreneurial and business management backgrounds of traditional theory. SME's the traditional spawning grounds of enterprise initiative will be examined on the basis of the appropriate organisational structure for enterprise development. Crafting a business plan in the second part of the module is intended to encapsulate the overall benefits and recommendations of the enterprising manager.
The module also examines how people and companies negotiate and can analyse and improve their negotiating techniques and positions.

Skills developed
- An ability to differentiate between distributive and integrative approaches to negotiations.
- An ability to demonstrate an understanding of the concept of power and its application in negotiations.
- An ability to communicate information, ideas problems and solutions to both specialists and non-specialists.

Content
Entrepreneurial Traits and Characteristics: Management Competencies:
- Risk or Probability
- Communication
- Creation and Innovation
- Establishing Roles
- Decisiveness
- Negotiation
- Independence and Personal Goals
- Leadership
- Locus of Control
- Monitoring
- Additional Information
- Planning

SME's investigation:
- Sole Trader
- Partnerships
- Companies (Ltd & PLC)
- Franchises
- Co-operatives
- Large Organisation (SBU's)

Factors influencing the successful deployment of a new enterprise idea such as the following will be the focus of attention in the second part of the module.

- Business Function activity
- Resource requirements
- Awareness of regulatory frameworks
- Business Information Services
- Financial Planning
- Understanding the purpose of and crafting of Business Plans

How power is used within the negotiation to gain advantages or leverage over the other party. The source of power through which the negotiation proceeds and how the influence of the various sources of power may change through the negotiation process. The differences between the Integrative v Distributive approaches to negotiation.
Module Resources
None
Module Additional Assessment Details
Details:-
Group based business plan 2,500 words (Tests Learning Outcomes 1, 2 and 3) 50%
Group based oral presentation (Tests Learning Outcomes 2 and 3) 50%
Module Learning Strategies
The learning strategy of this module requires students to commit 150 learning hours (including assessment). Of this there will be 50 hours of class support and 100 hours of independent and self-directed study.

Learning support material will be provided for the module.

There will be a series of 10 x 2 hour lectures, which will use appropriate expertise, to introduce key concepts and explore indicative content.
These will be complimented with a series of 10 x 3 hour practical workshops/tutorials.

The lecture/tutorial pattern may vary with some activities taking place in medium sized workshop groups. Formative feedback will be given on a regular basis in class to help student development.
Module Special Admissions Requirements
Only available to EFREI student's.